12mo ago

Kamala Harris sees surge in big money support after Biden drops out of race

www.cnbc.com

Kamala Harris is already seeing a wave of big money donor support since President Joe Biden dropped out of the race.
Some of the party’s top financiers opted to hold back funds after Biden’s June debate performance drew concerns from Democrats about his mental acuity.
The progressive donation platform ActBlue said it raised $46.7 million after Biden endorsed Harris.

30 comments

27.5 mil in 5 hours is an impressive amount of support.
maybe Donald will see how much money he can raise if he drops out
I just donated to her campaign.
- Wealthy politicians don’t need your money. You should give your money to people who need it.
  
  That's quite an assumption you're making. I also donate money and time volunteering.
Y’all were worried about people not voting if Biden ran. That kind of sentiment and pressure was a huge contributor to this move. Demand more of your politicians. We control them. Don’t let them control you.
- I hate to say it, but it would not surprise me one bit if Harris loses in November because Rust Belt moderates in PA, WI, and MI wouldn't vote for a black woman.
  I hope I'm wrong, but right now, for me, that's the least surprising of possible futures.
  
  Possible, though Republican attacks against her are likely to get a lot more overtly racist and misogynistic, which will likely alienate the center considerably.
  
  You trade some votes for others. I think dems are fucked either way cuz they focused on Biden for too long and didn’t give another candidate time to build trust and hype. Really poor politics on their part. They fumbled this election in spectacular fashion.
- Well put.
- Edit: can't read
Why do they even need money? I don't get it. Other democracies work just fine without these massive amounts of money.
- Well they simply have gaps in regulation around elections. They tried to reform campaign finances with HR 1 For The People Act but it was never called for vote in the senate due to Senate Speaker Mitch "The Legislative Reaper" McConnell who was notorious for refusing to call things to vote.
  One of the parties simply does not want to fix democracy.
  The money gets spent on billboards, flags, yard signs, pamphlets, door to door outreach, renting out venues to campaign, etc.
  
  And why is the campaign needed? People can just go vote. Why do they need ads for voting?
Does this mean people think she'll need it?
- Trump has people like Musk donating millions and running free ads on X. She’ll need all the money she can get.
- In my case I wanted to signal my support for the choice, since I voted for Biden in the primary.
  
  Primary lol? What was your other option

30 comments