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Kamala Harris set to inherit $240M in Democrat funds if Biden drops out — transfer tricky for any other candidate: sources
New York Post ^ | July 2, 2024 | Lydia Moynihan

Posted on 07/02/2024 9:24:55 PM PDT by nickcarraway

Kamala Harris is poised to take Joe Biden’s place if he drops out of the presidential race — in part because she’s the only person who can take control of the Democrats $240 million war chest, sources told The Post.

Many prominent Democrats are waiting in the wings to take the ailing 81-year-old’s place, but the quarter billion Biden-Harris have raised is non-transferrable, campaign finance sources told The Post. “Biden has two real choices: Kamala inherits; or they transfer it all to the DNC,” Signum Global partners Rob Casey told The Post. “That money would all be accessed by Kamala… anyone else would be on their own for fundraising.”

Even if Biden wanted to, campaign finance sources say giving the money to another candidate — like California governor Gavin Newsom or Michigan governor Gretchen Whitmer, whose names have been mentioned as possible replacements — would prove sticky.

(Excerpt) Read more at nypost.com ...


TOPICS: Business/Economy; Front Page News; Government; News/Current Events; Politics/Elections
KEYWORDS: biden; bidensmentaldecline; campaignfunds; election; election2024; kamalaharris; replacingbiden; trump
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To: jz638

A week presidential candidate, often has negative effects for those people down ticket.


21 posted on 07/02/2024 11:04:13 PM PDT by nickcarraway
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To: nickcarraway

Discussions on TV said this is still controversial. Most think, but don’t know, that the money was legally donated under the assumption that Biden was the Dem candidate. They are certain Newsom and others can’t grab the loot. But some said yes, others no, that Harris will inherit the use of the campaign money. Some said the convention would have to declare who gets it after Biden voluntarily ends his fight for the nomination. Not the same as a relative of a family member who dies. Will be sort of a probate battle.

More need for our popcorn supply to be up to date.


22 posted on 07/03/2024 12:12:56 AM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Angelino97

Right. Another reason to “thank” the Dems among friends, coworkers, relatives and neighbors.


23 posted on 07/03/2024 12:14:22 AM PDT by frank ballenger (There's a battle outside and it's raging. It'll soon shake your windows and rattle your walls.)
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To: Libloather
[Kamala Harris set to inherit $240M in Democrat funds if Biden drops out]

This is about all that she has accomplished as Vice Resident:




24 posted on 07/03/2024 12:15:03 AM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: RushingWater
Biden wins - the cheat will be so obvious that some pushback has to happen. At least every American with half a brain knows we are being scammed

55% of Americans will feel that way.

45% will be "all in" with Biden even if the election is stolen. Russian style.

25 posted on 07/03/2024 12:20:31 AM PDT by MinorityRepublican
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To: MinorityRepublican

I think WW III is the mask for the steal. Who will riot or march if we are in a shooting war with Russia (and maybe China and Iran). The MAGA People, being loyal Americans, will rally to the colors and support the war, dumping Trump along the way. Even Trump will support the troops and the draft that will see Barron in uniform.


26 posted on 07/03/2024 12:36:23 AM PDT by Forward the Light Brigade (. War is Hell)
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To: nickcarraway

$250M is a drop in the bucket for Soros and Co


27 posted on 07/03/2024 1:00:16 AM PDT by RonnG ('')
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To: Bullish

Try $20.


28 posted on 07/03/2024 3:35:17 AM PDT by Lockbar (Even when you think you finally have enough ammo, you still really don't have enough. )
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To: nickcarraway

Seems to me the Bidens are buying every bit of ad time left on YT, Free-tv with ads and anywhere else people don’t pay for premium ad-free service. LOTs of it. All lies directed mostly at black people.


29 posted on 07/03/2024 3:39:35 AM PDT by Gaffer
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To: nickcarraway

keeping biden means that Americans will NOT be voting for biden as president but for whoever his vice-president is.


30 posted on 07/03/2024 3:49:27 AM PDT by Qwapisking ("IF the Second goes first the First goes second" L.Star )
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To: nickcarraway

“... or they transfer it all to the DNC.”

Sadly, what’s the problem here for them?


31 posted on 07/03/2024 4:00:54 AM PDT by dangus
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To: Gaffer

yep
obummer is all over youtube shilling for FJB


32 posted on 07/03/2024 4:16:54 AM PDT by SisterK (it's controlled demolition)
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To: nickcarraway

The most likely scenario is Kamala replacing Biden.


33 posted on 07/03/2024 4:17:08 AM PDT by popdonnelly (All the enormous crimes in history have been committed by governments.)
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To: where's_the_Outrage?

agree
rules mean nothing to demoncrats


34 posted on 07/03/2024 4:17:36 AM PDT by SisterK (it's controlled demolition)
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To: nickcarraway

That’s a mighty long range predicition.


35 posted on 07/03/2024 4:20:50 AM PDT by Elsie (Heck is where people, who don't believe in Gosh, think they are not going...)
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To: Ken H
How do you solve a problem like Kamala...

What will happen is, Soros and the PTB will have a sit-down with Kammie and

...make her an offer she can't refuse...

36 posted on 07/03/2024 4:28:52 AM PDT by COBOL2Java (The country bounces along like Custer on the way to Little Big Horn, thanks to Dear Leader)
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To: COBOL2Java

Biden is doing exactly that today. Closed door sit-down with Kammy, no press. Closed door lunch with Kammy, no press.
I wonder if the transcript will match the audio tapes?


37 posted on 07/03/2024 5:58:11 AM PDT by Fireone (Who killed Obama's chef?)
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To: nickcarraway

I love when they talk about Biden dropping out as unprecedented. I guess they are all too young to know who LBJ was.


38 posted on 07/03/2024 6:20:19 AM PDT by RainMan ((Democrats ... making war against America since April 12, 1861))
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To: nickcarraway

The Dems will do what they damned well please. They always do and they always find a friendly judge to bless it.

Rules are for suckers and the Dems, when it comes to elections, are no suckers. They play hard and they play dirty.


39 posted on 07/03/2024 6:43:42 AM PDT by Buckeye Battle Cry (Progressivism is socialism. Venezuela is how it ends.)
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To: COBOL2Java
Documents evidencing Kamala Harris ineligibility for VP (and the Presidency) under terms of the Constitution (Natural Born Citizen clause plus the 12th Amendment) available via these links:

Kamala Harris Ineligible Website (downloadable PDF available via link)

Twitter Site (twitter login required to view)

40 posted on 07/03/2024 7:06:16 AM PDT by KamalaKancel
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