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How did Kamala Harris’s campaign rack up a debt after record fundraising?

The $20m spent on celebrity concerts draws scrutiny amid reports of a matching debt despite $1bn in earnings.
It was a record-breaking fundraising campaign: Vice President Kamala Harris raised more than $1bn in less than four months, during which she strove to win the US presidency, after President Joe Biden withdrew from the race in July.But earlier this week, Lindy Li, a member of the DNC finance committee, told NewsNation, a cable news network, that the Harris campaign was now $20m in debt.

Now, as the dust settles on her failed bid, following her November 5 defeat to Donald Trump, a storm threatens to kick off over those very finances, after a Democratic National Convention (DNC) official declared that the Harris campaign was $20m in debt.According to Open Secrets, the transparency nonprofit, the Harris war chest of more than $1bn dramatically dwarfed the approximately $382m that the Trump team pulled in during the same timeframe.FEC filings suggest that the campaign paid $1m to Oprah Winfrey’s production company.

So how did the Kamala Harris campaign go from an overflowing treasury to debt?A cadre of celebrities like Jon Bon Jovi, Christina Aguilera, Katy Perry, Megan thee Stallion and Lady Gaga performed at rallies in battleground states on the eve of Election Day. That may not have been the wisest investment, say some experts.

In reply to sgtdjones

That follows California's debt trend under Kamala's reign as Senator and VP. And you have Cheeks begging for a token pick

In reply to Prako

If you didn't catch the sarcasm then you're either stupid, or a blatant liar like your hero.

In reply to Cheeks

Calm down Token - focus on the subject of the thread and don't try to derail the conversation.

In reply to Prako

Yours must be one of the most assinine post ever made, my gosh!! What does a US VP and or US senator have to do with California's debt? Each state has their own Governor, upper and lower house no? You're so.proudly uninformed!

In reply to Brerzerk

Read my post again. Did I say Kamala was responsible? I merely pointed out the parallel time line. Is comprehension that difficult for you?

In reply to Prako

The US national debt rose 7 trillion when Trump was President

In reply to Prako

What parallel, what is the relationship between Kamala's federal posts and state of CA budget? Zilch! The 4th largest economy in the world if it could just keep a little more of what it sends to Washington to prop up red states would be doing more than the already good job it does for it's citizens.
Here's hoping you comprehend that. Proudly Ignorant.

Hello Pronouns - Is Kamala Campaign in debt?