Vice President Kamala Harris has reportedly raised as much as $1 billion since taking over the Democratic ticket, with much of that sum fueling major ad buys. Yet the dead-even state of the race and online rebuke of her myriad messaging efforts suggests she may not be receiving her money’s worth.
President Joe Biden dropped his reelection bid in late July. Between that date and the end of August, the Harris campaign made a total of 33 disbursements under the description “media buy” or some derivation thereof, totaling $136.6 million.
The campaign raised more than $200 million by the end of July and had cleared $500 million by the end of August. As of mid-September, the campaign had more than $400 million in cash on hand. By contrast, the Trump campaign announced a $130 million haul for all of August, roughly on par with Harris campaign’s overall ad expenditure for that period. It had roughly $295 million in cash on hand at the same time.
The Harris campaign meanwhile, has reportedly spent nearly a quarter of a billion dollars on advertising since early September, more than doubling such expenditures from the Trump campaign.
And yet, the overwhelming consensus is that Trump is the current favorite to win the election. Despite a substantive gap in fundraising and expenditures on advertising, the ex-commander-in-chief currently has a 59.5% chance of winning the White House in November, according to Polymarket. RealClearPolitics, moreover, assigns Harris a 1.7% average lead, but projects Trump to win 302 electoral votes. […]
— Read More: justthenews.com
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