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This is the most “Democrat” thing ever….
Raise a BILLION dollars, spend recklessly and frivolously, keep horrible ledgers, budget and project spending wildly inaccurately, and then end up $20 million in debt!
Just like how they run our country!
Take a look:
She only spent $400,000,000 in the swing stages.
Her campaign raised $1,000,000,0000.
Her campaign is now $20,000,000 in debt.
So, what did they spend the other $620,000,000 on?
There is some major fraud that occurred within that campaign’s finances. https://t.co/W0uGqNX6to
— Joey Mannarino (@JoeyMannarinoUS) November 7, 2024
Confirmed by Politico California Bureau Chief Christopher Cadelago:
Kamala Harris’s campaign ended with at least $20 million in debt, per two sources familiar. Harris raised over $1 billion and had $118 million in the bank as of Oct. 16.
— Christopher Cadelago (@ccadelago) November 7, 2024
I guess a BILLION dollars just doesn’t go as far as it used to!
Newsweek confirmed more information:
Kamala Harris’ presidential election campaign ended the 2024 White House contest “at least $20 million in debt,” according to Politico’s California bureau chief Christopher Cadelago.
Cadelago made the claim on X, formerly Twitter, noting Harris’ team had “$118 million in the bank” as recently as October 16.
Donald Trump was elected to the White House for a second time, with The Associated Press (AP) reporting he had secured 295 Electoral College votes as of 5:30 a.m. ET on Thursday, 25 more than he needed for victory. According to AP, Trump is also ahead in the battleground states of Nevada and Arizona, which have 17 Electoral College votes between them. He is also on track to win the popular vote.
In the post on Wednesday, Cadelago wrote: “Kamala Harris’s campaign ended with at least $20 million in debt, per two sources familiar. Harris raised over $1 billion and had $118 million in the bank as of Oct. 16.”
Newsweek has not independently confirmed that a debt of around $20 million exists. The Harris-Walz campaign was contacted for comment via email on Thursday outside of regular office hours.
The claim was repeated by on X by Breitbart’s Matthew Boyle, who cited an anonymous “Kamala campaign staffer.”
The Washington bureau chief for Breitbart News Network wrote: “The $20 million debt thing is real. [The Harris campaign’s deputy campaign manager] Rob Flaherty, this staffer said, is currently shopping around the Kamala fundraising email list to anyone who wants it to try to raise the money back. This includes other campaigns and outside groups.”
I thought it would be fun next to compare Kamala’s campaign managing $1 billion with some historical campaigns.
Let’s start with Trump 2016:
Donald Trump 2016:
- Debt Status: Trump’s 2016 campaign concluded with no reported debt.
- Financial Summary: The campaign raised approximately $333 million and spent about $325 million, leaving a cash surplus of over $7 million.
That checks out….he ran a surplus!
$7 million left over, money spent extremely frugally and wisely and funds left over after the win was secured.
Just like a successful business man!
Next up let’s do Hillary 2016:
Hillary Clinton 2016:
- Debt Status: Clinton’s 2016 campaign ended with minimal debt.
- Financial Summary: The campaign raised over $563 million and spent approximately $570 million, resulting in a small deficit.
I love how they call $7 million a “small deficit”.
No big deal, just have Gary Gensler write it off!
“It’s a write off Jerry, you just WRITE it OFF!”
Next up, how about Obama in 2012:
Barack Obama 2012:
- Debt Status: Obama’s 2012 campaign concluded with no significant debt.
- Financial Summary: The campaign raised about $722 million and spent nearly $750 million, but managed to settle all obligations promptly.
This shows a $28 million deficit, worse than Kamala!
And I love how they say they “settled all obligations promptly”….what a way to put it!
Let me tell you exactly how those settlements worked: “Hello, XYZ Vendor, hi….this is Barack Obama. I’m President now. I know we owe you $XXX but we will not be paying any of that, we’re broke. Have a good day!”
BOOM: settled promptly.
This is a Guest Post from our friends over at WLTReport.