Kamala Harris’ 2024 presidential campaign has ended in financial turmoil, according to multiple media reports. Despite raising over $1 billion, the campaign has reportedly finished at least $20 million in debt.
Politico’s Christopher Cadelago reported that two sources familiar with the situation confirmed Harris’ campaign was $20 million in debt after raising more than $1 billion and having $118 million remaining in the bank as of Oct. 16.
Kamala Harris's campaign ended with at least $20 million in debt, per two sources familiar. Harris raised over $1 billion and had $118 million in the bank as of Oct. 16.
— Christopher Cadelago (@ccadelago) November 7, 2024
Federal Election Commission filings show the campaign raised a total of more than $1 billion and spent approximately $900 million by mid-October. However, by the end of the month, even the remaining funds were depleted and then some.
In contrast, Harris raised more than twice as much money as President-elect Donald Trump. FEC filings show Trump’s campaign raised less than $400 million and still had a cash reserve of $36 million.
Breitbart News also spoke with multiple sources inside the Harris campaign, who confirmed the $20 million debt. Those sources largely blamed campaign chair Jen O’Malley Dillon for the financial troubles.
“People didn’t like working with her,” a campaign staffer told Breitbart. “Many people on the campaign felt like we lost because Kamala wasn’t allowed to run her campaign. They were running Joe Biden’s campaign instead of a Kamala campaign. Obnoxious and very much a gatekeeper and interfering with the vice president’s people who were trying to do their job.”
Staffers were reportedly unhappy with the handling of finances and some claimed they were still waiting on overdue payments for their work.
When tracking the $1 billion spent by the Harris campaign, a large portion, nearly $700 million, went toward advertising, according to ad-tracking company AdImpact.
In October, the campaign spent six figures on flying banners over four NFL games in swing states, according to The New York Times. In the final weeks before the election, the campaign spent nearly $500,000 a day on ads displayed on the Las Vegas Sphere in Nevada, a key swing state, according to The Guardian.
Breitbart sources also pointed to high-profile concerts featuring artists like Katy Perry, Lizzo and Eminem as significant expenditures. Staffers said these events were largely the idea of O’Malley Dillon.
Facing $20 million in debt, Harris’ deputy campaign manager is reportedly “shopping Kamala Harris’ fundraising email list to anyone willing to pay” in an effort to recover the campaign’s losses, according to Breitbart’s report.
