Categories: World

Will Kamala Harris have enough money to fund her campaign if she takes over for Joe Biden?

The Vice President of the United States, Kamala Harris, has been a strong supporter of President Joe Biden, especially after his poor performance in the recent debate. She has also emerged as a potential candidate to lead the party if Biden decides not to continue his campaign.

One big question is what would happen to the $91 million in cash available to the current campaign, along with the $240 million in cash accessible to the reelection effort when including allied Democratic organizations.

If Biden were to drop out of the race, Harris could potentially take over the campaign funds, with some limitations. Donors may only receive refunds if approved by the campaign team, as once a donor makes a gift, they relinquish any rights to those funds.

If neither Biden nor Harris become the party’s nominee, the campaign team would have to return all the money. Donations intended for the primaries won by Biden would remain with the campaign, and if the account were to become a political action committee, there would be limits on transferring funds to a new candidate.

Aside from presidential campaign options, the Biden-Harris funds could potentially be transferred to Democratic committees to support House and Senate candidates, or be used for charitable donations, causes, or issues that align with the candidates’ views.

In summary, the outcome of the campaign funds will depend on various factors, including the candidacy status of Biden and Harris, and the decisions made by the campaign team and donors.

Share
Published by

Recent Posts

How Chip Reid is advocating for the long-term mental health of U.S. service members

Chip Reid, a former CBS News journalist and author of "Battle Scars," discusses the constant…

50 seconds ago

Researchers resurface following completion of year-long Mars simulation project | Technology News

After spending a year in isolation, four scientists in the United States concluded an experiment…

8 mins ago

Europe’s democracy is suffering, according to Pope Francis.

Pope Francis visited the city of Trieste in northeastern Italy to speak on democracy and…

31 mins ago

Which Texans Player Is Most Undervalued Going Into 2024?

In a league filled with Pro Bowl and All-Pro caliber players, there is always one…

33 mins ago

Matt Eberflus favored to win Coach of the Year in betting odds

The recent addition of rookie quarterback Caleb Williams has sparked a surge in expectations for…

37 mins ago

Pat Surtain II: The thrill of meeting and surpassing high expectations drives me

Pat Surtain II, cornerback for the Broncos, has always been familiar with high expectations due…

43 mins ago