Harris Triples Trump's Treasure, Launches Ad Avalanche

Harris Triples Trump's Treasure, Launches Ad Avalanche

4 minute read
Published: 9/21/2024

As September kicks off, Kamala Harris is flexing her financial muscles, entering the month with a whopping $235 million in campaign cash—nearly double Trump's $135 million. Apparently, fundraising season is open for business!

In a month that saw Harris raise nearly $190 million directly to her campaign—compared to Trump's meek $44.5 million—it's clear that the Vice President is not just playing the game; she's rewriting the rules. With a total of $286 million at her disposal versus Trump's $214 million, Harris is strutting into September like a kid after a successful lemonade stand, leaving her opponent feeling more like the one who showed up to the yard sale with empty pockets.

But if you think this is just mere inflation of numbers, think again. Harris didn't merely raise money; she spent it too—or as they say in campaign finance circles, she invested it. Her campaign shelled out about $174 million in August, while Trump, with his frugal spending habits, managed to part with a modest $61 million. One might think he’s saving up for a rainy day, but around these parts, a rainy day looks suspiciously like election day.

In a powerful collaborative effort, the Harris campaign teamed up with the Democratic National Committee, racking up a combined total of $257 million in August. Meanwhile, Trump's efforts alongside the Republican National Committee brought in a rather underwhelming $85 million. You could say the Democrats have taken the whole ‘it takes a village’ approach to heart; meanwhile, the Republicans seem to be missing a few villagers—probably off doing something far less profitable.

However, it’s not all roses for Harris. The ever-busy pro-Trump super PAC, MAGA Inc., broke out the big bucks, spending over $88 million in the same period—eagerly fanning the flames of the campaign trail like a well-placed industrial fan at a fashion show. This might inflate their advertising presence, though some observers remain puzzled as to how many campaigns need that kind of wind power.

On the other hand, the pro-Harris super PAC, FF PAC, reported nearly $37 million raised, thanks largely to the notable contribution of $30 million from Dustin Moskovitz, who clearly believes in putting his money where his mouth is—or at least where his voting preferences lie. It’s like throwing a pool party but realizing you forgot the floaties; at least Feldman managed to bring in some stylish inflatable swans.

Shifting allegiances are also striking in the donor world, with top Republican donors who’d initially back Nikki Haley apparently deciding that Trump was the shiny new toy for them after all. One can imagine them looking over at Trump's super PAC with a glint in their eye, perhaps muttering, 'Well, that escalated quickly.'

In further financial skirmishes on the Congressional side, the Democratic Congressional Campaign Committee raised $22.3 million while their Republican counterparts could only drum up $9.7 million, leaving many to wonder if an actual treasure map had been misplaced somewhere among the elephant-themed decor.

What's next for Trump? One might muse whether it’s a matter of rallying the troops for a blockbuster fall fundraising event or a series of enthusiastic bake sales in his honor—because who wouldn’t want to support a cause with delicious brownies?

Elon Musk, perhaps sensing an opportunity to amplify his own brand while aiding the House GOP, made a $289,100 donation to their campaign arm in August. Two hundred and eighty-nine thousand dollars... one can only hope that at least a couple of them come with free Teslas. A bargain for sure when it ensures a loyal voting base!

The month of September promises to be an intriguing battlefield of fundraising as both camps prepare for what experts predict will be a high-stakes lavish affair. For Harris, this funding war is less about merely financing; it’s an all-out ad avalanche, while for Trump, it may involve wrestling with his budget and a number of fiery press conference catering options.

At the end of the day, Harris clearly holds the trump card—pun fully intended—with an advantage that would make even seasoned poker players break a sweat. As we watch the dollars trickle in, one can’t help but wonder if the real victor of this campaign might just be the documentary crew filming the price tags and emotional roller coasters along the way.