Vice President Kamala Harris’ presidential campaign said it raked in a whopping $310 million in its July fundraising efforts – more than double the amount raised by her Republican rival last month – and has $377 million cash on hand, marking the latest sign of how transformative and energizing the change to the top of the Democratic ticket has been among grassroots and high-dollar supporters.
I vote for the Dems, but this seems like a bad thing, not something to be celebrated. We need big money out of politics.
Sure, that’s a nice goal for the future. But until legislative measures have been taken and regulations have been put in place you can’t afford to be moral highgrounding on this issue if you want to win.
What big money? Over 94% of these donations were less than $200. There’s just a lot of them.
Is that 94% of the people who donated or 94% of the dollars donated though? One reason I question this is because before Biden stepped aside there were news reports of big donors who were holding back demanding he drop out. Now we see headlines about record donations. Is it because there is genuine enthusiasm for Harris or because the big money let loose? Don’t get me wrong I’d support the Democratic candidate regardless, I’ve just always wondered about Harris’s likeability factor.
It looks like less than 40% are small donations. 60% ($180,411,935) is from large contributions.
https://www.opensecrets.org/2024-presidential-race/kamala-harris/candidate?id=N00036915
I like her a lot and I’m excited to vote for her, but I still want to think critically about who might have her ear.
…Campaigns cost money. Advertising, staff, transportation, and security aren’t free. It would be great if all campaign donations had to go to a central pool and was divided evenly between candidates, but I don’t think people would donate then.
I think this is mostly from small donations
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