President Kamala Harris Message Board

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Politics : President Kamala Harris

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From: Thomas M.	11/13/2024 10:14:48 AM
	1 Recommendation Read Replies (1) of 4940

Money tensions rise between Harris' team and DNC Democratic leaders are increasingly anxious about being left with a big bill from Kamala Harris' campaign, which is likely to end millions of dollars in debt, four people familiar with the matter tell Axios. Why it matters: Debt beyond a few million bucks could hamper the Democratic National Committee's efforts to rebuild the party over the next four years. The intra-party tension has put scrutiny on how Harris' team — which raised well over $1 billion in less than five months, between the campaign and outside groups — spent its money. Many campaign committees have debt at the end, but the DNC is worried about being loaded down with tens of millions in debt, as it was after Barack Obama's successful re-election campaign in 2012. Even with Obama winning and able to still raise money for the DNC, the committee was still more than $2 million in debt in late 2015. That made it difficult for the committee in the run-up to the 2016 elections. Hillary Clinton's team believed the DNC's debt contributed to her defeat in 2016. axios.com Tom

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