The Democratic Party raised more than $55 million in 24 hours after Joe Biden dropped out of the race. The money will go to the election campaign of Kamala Harris and other candidates of the party.
Since Joe Biden announced his withdrawal from the race, the US Democratic Party has managed to raise more than $55 million on the ActBlue platform for small donors. Related information was provided by Politico on Monday, July 22. In the first five hours after the announcement, $27.5 million was raised. ActBlue later said it raised $46.7 million in less than one day, a daily record set for 2024. The money will go to both Kamala Harris’ campaign and other Democratic candidates running for office.
The influx of funding reflects “Democratic enthusiasm like we’ve never seen before,” Politico said. According to the platform, the amount raised is less than the record set in 2020. Back then, after the death of the oldest member of the US Supreme Court, Ruth Bader Ginzburg, $70.6 million was raised in one day.
The withdrawal of Joe Biden and the candidacy of Kamala Harris
Joe Biden announced his withdrawal from the US presidential election on July 21. The current head of state emphasized that she made this decision in the interests of the Democratic Party and the entire country. Biden said he would address the nation soon and share details. He added that for the rest of his term of office he will concentrate on fulfilling the duties of the presidency.
Biden suggested Kamala Harris as her replacement and expressed his “full support”. “Democrats – it’s time to unite and defeat Trump. Let’s go!’ – wrote on the social network X.
Later, current Vice President Kamala Harris announced that she plans to run for President of the United States. American mass media quoted him as saying: “It is a great honor for me to receive the president’s endorsement and I intend to win this nomination.” Harris added that he will “do whatever it takes” to “unite the Democratic Party and the people” to defeat Republican Donald Trump.