Following President Joe Biden's announcement to exit the presidential race, Democrats have shown unprecedented financial support, contributing over $50 million online.
This surge in donations marks Sunday as the single biggest day for online fundraising in this election cycle, highlighting a significant shift in the campaign's momentum. Vice President Harris's campaign alone attracted nearly $50 million in just 7 hours through the ActBlue platform, emphasizing the role of small-dollar donors in this newfound fundraising success.
Prior to his exit, Biden's campaign was facing financial difficulties, having spent 93% of its funds raised in June, leaving the campaign with $96 million cash on hand at the start of July.
.Here are the top political news stories for today.
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Harris campaign rakes in nearly $50 million in 7 hours on ActBlue
Small dollar-donors have given nearly $47 million to Vice President Harris campaign since it launched Sunday afternoon, the Democratic ActBlue fundraising platform announced Sunday. “As of 9pm ET,
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Biden’s Campaign Went Through 93% of Money It Raised in June
Before his Sunday announcement that he was leaving the presidential race, Joe Biden’s beleaguered campaign entered July with $96 million cash on hand, after a spending spree last month that depleted about 93% of the money it raised in June.
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Democrats Donate More Than $50 Million Online After Biden’s Exit
Sunday was the single biggest day for online ... after weeks of sluggish fund-raising. By Shane Goldmacher Democrats greeted President Biden’s departure from the presidential race with an avalanche of cash, donating more than $50 million online on ...
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