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Harris reached a private agreement with the DNC to settle $20 million in campaign debt.

Harris reached a private agreement with the DNC to settle $20 million in campaign debt.

Kamala Harris Reaches Deal with DNC After 2024 Election Loss

Former Vice President Kamala Harris has reportedly struck a “handshake deal” with the Democratic National Committee (DNC) in the aftermath of her loss in the 2024 presidential election.

This agreement includes the DNC taking on $20 million in debts from the Harris campaign, referred to as the Harris Waltz team, in return for her commitment to fundraise for the Democratic Party, according to sources cited by the New York Times.

“This was a private contract. The party covers the unpaid bills from 2024, and it allows Harris to claim she didn’t leave the race in debt,” the report stated.

The $20 million is just a fraction of the $1.5 billion spent by the Harris campaign during its 15-week run, which was focused on various Democratic candidates. Costs reportedly included flights, music rights, and fees for agents who handled online marketing through influencers.

“Democrats have had to cover the expenses of Harris’ costly 2024 campaign, which has compounded financial challenges for them,” tweeted Eric Dorgerty, touching on the internal struggles within the party.

Harris’ team has sent nearly 100 fundraising emails this year, appealing to Democratic donors, but didn’t disclose that their funds would help settle her campaign debts. DNC executive director Roger Lau praised Harris, referring to her as a “grassroots fundraiser.” He also highlighted that grassroots contributions have surged in 2025.

“The DNC has raised more grassroots money this year than in previous years,” Lau noted.

The DNC reportedly started the year with $22.1 million but is now reporting only $13.9 million. Current party chair Ken Martin, elected in February, noted that the fundraising has been strong, celebrating record-breaking contributions in the first few months.

“The DNC set a new record for fundraising under a new chair in the first four months,” Martin stated.

However, around 20% of the DNC’s spending this year has not been allocated towards new initiatives as suggested by Harris. In a message to her supporters earlier in the year, she assured them that their donations would be put to good use for upcoming elections.

While the committee’s financial reporting has faced scrutiny, Saurav Ghosh from the Campaign Law Center suggested the parties complied with all regulations, noting, “It’s not as overtly corrupt as some might think.”

Initially, Harris’s staff had denied the existence of any campaign debt after the election. They maintained that there were “no outstanding debts or invoices pending.” Yet, reports soon surfaced, revealing the DNC covered $20 million as “party-adjusted spending.”

“The spending included various costs, like $3.5 million for influencer marketing and nearly $440,000 on chartered flights,” detailed the report.

The DNC currently finds itself at a financial disadvantage relative to the Republican National Committee (RNC), which has reported $84.3 million in assets. The DNC’s financial position this summer is reportedly the weakest it has been in five years.

A recent disclosure indicates that the committee paid $498,287.30 to Howard University for the venue where Harris delivered her concession speech during the election.

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