The surge of support for Kamala Harris: Record-breaking $81 million raised in 24 hours
After Joe Biden’s decision to step down from the White House race and endorse Kamala Harris, the Democratic Party donors showed their overwhelming support by contributing a record-breaking $81 million to her campaign in just 24 hours. This incredible surge adds to the already impressive quarter-of-a-billion dollar war chest that Harris has built up during this election cycle. Her campaign has hailed this accomplishment as the “largest 24-hour raise in presidential history.”
With Biden’s endorsement on Sunday, Harris, who is 59 years old, quickly garnered the support of prominent Democrats like former House Speaker Nancy Pelosi, California Governor Gavin Newsom, and Pennsylvania Governor Josh Shapiro, all considered top presidential contenders. She now has backing from more than half of the Democratic delegates needed to secure her party’s nomination. However, she still has to win over some key hold-outs and donors who advocate for an open contest to determine the Democratic candidate against Republican challenger Donald Trump.
Reports indicate that the Democratic super PAC Future Forward secured $150 million in donor commitments within 24 hours of Biden exiting the race. This super PAC had $122 million in cash by the end of June, according to Federal Election Commission filings.
High-profile figures, such as LinkedIn co-founder Reid Hoffman and Alex Soros, chairman of the Open Society Foundations, also expressed their support for Harris on social media, rallying the public to stand behind her in the fight against Donald Trump.
Even grassroots movements like Swing Left launched a fund for the eventual Democratic candidate on Sunday and managed to raise over $160,000 in less than 24 hours from around 1,500 unique donors. However, there are calls for an open selection process, with some donors advocating for a more moderate candidate.
Amidst all the enthusiasm and support, the political landscape continues to evolve as Kamala Harris emerges as a strong contender in the race for the White House. Stay tuned for more updates on this historic campaign!
https://timesofindia.indiatimes.com/world/us/kamala-harris-campaign-receives-record-81-million-in-donations-as-joe-biden-drops-out-of-election-race/articleshow/111937845.cms