Donor Outpouring: Harris Has Raised $500 Million In A Month

Photo: Reuters/Alyssa Pointer

WASHINGTON, DC (REUTERS) – Vice President Kamala Harris’s election effort has raised around $500 million since she became the Democratic presidential candidate, an unprecedented money haul that reflects donor enthusiasm going into the election.

Harris raised $200 million in the first week of her campaign while she quickly wrapped up support to become the party’s nominee.

Harris’ team raised $310 million in July, bringing the total amount of money raised by her and Biden before he dropped out to more than $1 billion, the most rapid crossing of that fundraising threshold in history, according to the campaign.

Meanwhile, according to federal disclosures filed late on August 20, Harris’s main campaign fundraising group raised four times as much money in July as that raised by Donald Trump’s campaign,

Vice President Harris’s campaign told the Federal Election Commission it raised $204 million last month, compared to $48 million reported to the body by Republican Donald Trump’s main fundraising group.

Harris also outspent Trump during the month, $81 million to $24 million, according to their FEC reports.

While the candidates and their parties work together, the sums raised by the campaign are important because the campaigns are by law given steep discounts on television ads, while the parties and other allied groups must pay full price.

Trump’s re-election effort also received a massive contribution last month from conservative billionaire Timothy Mellon, who gave the pro-Trump super PAC known as MAGA Inc another $50 million. Mellon, an heir of the Pittsburgh-based Mellon banking family, has given MAGA Inc at least $115 million this year.

The super PAC is one of the biggest spenders in the election and reported spending more than $43 million in July to help Trump’s election effort.