Kamala Harris, the Vice President of the United States, has been a strong supporter of President Joe Biden, especially after his poor performance in the recent debate. If Biden decides to drop out of the race, Harris could potentially take over the campaign funds with some limitations. Donors may only receive refunds if approved by the campaign team, as once a donor makes a gift, they relinquish any rights to those funds.
One big question is what would happen to the $91 million in cash available to the current campaign, along with the $240 million in cash accessible to the reelection effort when including allied Democratic organizations. If neither Biden nor Harris become the party’s nominee, the campaign team would have to return all the money. Donations intended for the primaries won by Biden would remain with the campaign, and if the account were to become a political action committee, there would be limits on transferring funds to a new candidate.
Aside from presidential campaign options, the Biden-Harris funds could potentially be transferred to Democratic committees to support House and Senate candidates or used for charitable donations, causes or issues that align with their views. The outcome of these funds will depend on various factors such as their candidacy status and decisions made by donors and campaign teams.
In summary, Kamala Harris’s potential future as a presidential candidate and her relationship with Joe Biden’s campaign have implications for how $91 million in cash available to their current campaign will be handled if he decides not continue his run for president.
