Kamala Harris’ 2024 presidential campaign ended in significant financial distress, with reports indicating a $20 million debt despite raising over $1 billion. Media outlets such as Politico and Breitbart News revealed that her campaign had spent around $900 million by mid-October, with remaining funds exhausted by the end of the month. Federal Election Commission (FEC) filings showed Harris’ campaign had $118 million in the bank as of mid-October, but financial difficulties grew as the cash reserves quickly ran dry.
In comparison, President-elect Donald Trump’s campaign raised less than $400 million but managed to end with a $36 million cash reserve, raising questions about the Harris campaign’s spending strategy. Much of the financial strain is attributed to large-scale advertising and high-profile celebrity events, with nearly $700 million spent on advertising alone. Concerts featuring stars like Katy Perry, Lizzo, and Eminem were part of this expenditure, along with aggressive advertising efforts in battleground states like Nevada.
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Campaign chair Jen O’Malley Dillon has been criticized by campaign staff for alleged mismanagement, leading to tensions and claims that the campaign was more influenced by the Biden camp than tailored to Harris’ priorities. Reports also suggest that many campaign staffers are still awaiting overdue payments, further highlighting the financial disarray.
The financial mismanagement has drawn criticism, with President-elect Donald Trump mocking Harris’ campaign for its debt despite record fundraising. He joked on X (formerly Twitter) about the GOP offering financial help during this challenging time for the Democrats. Harris’ campaign issues may serve as a cautionary tale, as financial scrutiny increases in the lead-up to the 2024 election.
