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Kamala Harris Campaign Accrues $20 Million Debt In Closing Days

 November 8, 2024

In a stunning financial downturn, Vice President Kamala Harris's presidential campaign found itself buried under $20 million of debt as it neared its conclusion, despite a fundraising total surpassing $1 billion.

Vice President Kamala Harris’s campaign efforts, despite raising a historic sum, ended with a significant $20 million debt attributed to high-profile events and internal mismanagement, Breitbart reported.
Campaign chair Jen O’Malley Dillon made a series of decisions that lay at the heart of the campaign’s financial woes. The campaign started strong, raising over $1 billion, with $118 million still in the bank by mid-October, according to political reporter Christopher Cadelago.However, O'Malley Dillon’s strategy to enhance voter engagement through celebrity-laden concerts quickly escalated costs. Events featuring stars like Katy Perry, Lizzo, Eminem, and Bruce Springsteen drew crowds but drained resources disproportionately.

Concerts Over Campaign: The High Cost of Celebrity Appearances

Despite the allure of these events, the decision to prioritize them over other campaign necessities, such as social media expenditure, led to financial and strategic imbalances. This misallocation became a point of contention within the campaign ranks.

A staffer expressed deep concerns to Breitbart News, stating, “$20 million in debt is real, and Jen blew through a billion dollars in a few months; it was all her idea to do all the concerts.”

As funds dwindled, Rob Flaherty, the deputy campaign manager, sought to liquidate assets such as the Kamala fundraising email list to manage the escalating debt.

Fiscal Mismanagement Raises Eyebrows

The internal dissatisfaction culminated in multiple campaign workers voicing their frustrations over delayed payments and the general direction under O’Malley Dillon’s leadership. A staffer highlighted that many felt they were running a campaign more reflective of Joe Biden’s previous efforts rather than one tailored for Harris.

“People didn’t like working with her. Many people on the campaign felt like we lost because Kamala wasn’t allowed to run her campaign. They were running Joe Biden’s campaign instead of a Kamala campaign,” another staffer reported to Breitbart News.

Kaelan Dorr of MAGA Inc. added to the scrutiny with a comment on social media platform X, questioning the campaign's financial integrity: “Something VERY fishy going on with Kamala HQ’s media buying... More evidence of cash flow issues — did she blow it all on Lizzo and Beyoncé?”

Debt Recovery Efforts Amidst Campaign Turmoil

In an attempt to stave off financial ruin, Harris had to issue multiple checks on a single day for media buys in Tennessee, a desperate move that revealed serious cash flow problems.

This financial disarray posed significant challenges just as the campaign was gearing up for its final push, leading to a reassessment of expenditures and strategy.

Despite these efforts, the debt has left a lasting mark on Harris's campaign, raising questions about the viability of such high-risk financial strategies in future political campaigns.

Looking Forward: Lessons Learned from Campaign Challenges

As the dust settles, the Harris campaign’s financial crisis serves as a cautionary tale for future political campaigns about managing funds and setting priorities. It remains to be seen how this significant debt will impact Harris's political future.

The fallout from this financial misstep is likely to influence campaign strategies across the political spectrum, as parties and candidates weigh the true cost of celebrity over substance.

For now, the Democratic party and its supporters must ponder the implications of a campaign that, despite being flush with cash, failed to secure fiscal stability when it mattered most.