It was not because of a lack of money that Kamala Harris lost the presidency of the United States to Donald J. Trump 2024 election. According to records Federal Election Commission In the US, Democratic Party candidates' campaigns raise 2.5 times more money than Republican Party candidates' campaigns.
As of October 16, the most recent records available on the agency's website show that Kamala has raised US$997 million for her White House bid – that amount includes donations initially made to Joe Biden's reelection bid. At the same time, Trump raised US$388 million to cover the costs of his US Presidential campaign. And additional money to support the Democratic Party is nothing new in the 2024 election.
Trump and the expenses of becoming US President
In 2020, for example, Biden raised 40% more than Trump. The campaign budget account closed at US$ 1 billion compared to US$ 744 million.
In 2016, when Trump won the US Presidency for the first time, the same thing happened. At the time, he beat Hillary Clinton – who had almost 70% more money than Republicans to spend in the presidential election. The figure was US$585 million, from the Democratic Party, compared to US$350 million from the Republican Party.