Kamala Harris set to inherit $240m Democrat funds if Biden drops out

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Kamala Harris set to inherit $240m Democrat funds if Biden drops out
US News2024 Presidential ElectionCampaign Finance
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“Biden has two real choices: Kamala inherits; or they transfer it all to the DNC,” Signum Global partners Rob Casey told The Post

— in part because she’s the only person who can take control of the Democrats $240 million war chest, sources told The Post.. “That money would all be accessed by Kamala… anyone else would be on their own for fundraising.”

And some democrats told The Post it’s a “tragedy” that even if it were Kamala on the ballot, they’re stuck with a candidate “no one wanted,” a source told The Post. While Biden has been insistent he will remain at the top of the ticket, democratic sources acknowledge the campaign needs toDespite a massive war chest, some donors fear Kamala Harris may not be able to win in a general election against Trump.And by nature of the staggering sum in the campaign coffers, putting Harris at the top of the ticket would be the simplest option, these people add.

Biden’s campaign says it raised $127 million in June, its best month on record for the re-election campaign, according to CBS, which also noted it is spending around $50 million a month on ads.

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