Kamala didn’t just lose, she hurt the Democrats financially too.
The fallout from the Harris-Walz campaign’s financial troubles is raising alarms within the Democratic Party, as top officials worry about the mounting debt that could soon become a major burden for the party. Despite raising over $1 billion in campaign funds, the Harris campaign finds itself facing tens of millions in debt, leaving the Democratic National Committee (DNC) to pick up the pieces.
Party leaders are questioning how such a vast sum of money was spent, especially given that the campaign failed to secure any crucial swing states. FEC filings reveal questionable spending practices, including significant payments to high-profile celebrities such as Oprah Winfrey. The campaign also funneled tens of millions into event production, social media influencer deals, and other forms of media outreach, sparking concerns over financial mismanagement.
Two sources, speaking anonymously to Fox News, revealed that the Harris campaign’s debt could complicate efforts by the DNC to regroup after last week’s election setbacks. One former aide summed up the situation: “How do you raise a historic amount of money and not win a single swing state? I don’t know. It seems we lost the national narrative, and that’s what we need to figure out.”
Despite the campaign’s lavish spending, such as two $500,000 payments to Oprah Winfrey’s production company for “event costs,” and $4 million to Village Marketing Agency for social media influence, the expected surge in fundraising and votes never materialized. The Harris campaign also spent over $12 million on digital media consultants, six figures on set designs for a podcast appearance, and at least $15 million on event production, much of it for high-profile events featuring celebrities like Beyoncé, Bon Jovi, and Bruce Springsteen.
As the dust settles, critics are calling the campaign’s financial strategy a “disaster”—a billion-dollar misstep that could ultimately set the party back even further in its recovery. The DNC is now left grappling with the aftermath, and many are asking how a campaign that raised record-breaking sums could fail so spectacularly.