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.

A majority of that $310 million haul, more than $200 million, was raised in the first week of Harris’ candidacy, the campaign said in a statement, with two-thirds of the fundraising coming from first-time donors to the campaign.

7 points

The Harris campaign said July also marked the “best grassroots fundraising month in presidential history” with 94% of its donations falling under $200.

The campaign also highlighted some key demographic trends it saw in July donations: more than 10 times the number of Gen Z donors contributed compared to June, and more than eight times the number of millennial donors than the previous month. Sixty percent of donors, the campaign noted, were women. And as several coalition groups have held organizing Zoom calls in recent days, the campaign noted that groups “like Black Women for Harris, Latinas for Harris, and yes, White Dudes for Harris raised more than $20 million for Team Harris.”

The money raised by Harris’ political operation in July falls short of the record high set in September 2020 when Biden’s campaign and the Democratic Party raised $383 million, but it underscores how much her surprise candidacy swiftly changed the fundraising trajectory for the party.

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1 point

That’s cool. I’m struggling just to eat this week. But good for her.

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-7 points
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5 points

In like a week, too. It’s like everyone was just edging once the possibility of Biden quitting the race came out.

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60 points

Many look at this as exciting (it is indeed). I also look at this and think “We need publicly funded elections.” I feel like that money could be much better spent than on advertising.

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29 points

Seriously, campaigns are stupidly expensive.

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11 points

Which creates a barrier of entry and only the rich can run for office. Most of our early presidents were just average Joe’s running. We will never be able to have just an average middle/lower class person be a candidate.

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20 points

Most of our early presidents were just average Joe’s running.

What on Earth are you talking about? They were all rich landowners. Washington had a giant plantation, Adams was an incredibly successful lawyer, one of the most prominent in the Massachusetts Colony and in high demand, Jefferson was also a plantation owner and even richer than Washington, Madison was also a plantation owner. Monroe was probably the poorest and he still owned slaves and land, and John Quincy Adams was John Adams’ son, so we don’t need to go into that. Shall I keep going?

Believe it or not, though, and I don’t like it any more than you will, Nixon and Reagan both grew up poor.

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