Updated
Updated · Fox News · Aug 9
Lindy Li Says $2.5 Billion Harris Effort Drove Donors Away Ahead of 2028
Updated
Updated · Fox News · Aug 9

Lindy Li Says $2.5 Billion Harris Effort Drove Donors Away Ahead of 2028

1 articles · Updated · Fox News · Aug 9

Summary

  • Major Democratic donors are unlikely to back Kamala Harris in another presidential run, former DNC fundraiser Lindy Li said, arguing the party faces debt, weak fundraising and a thin 2028 bench.
  • About $2.5 billion was spent across Harris’ campaign and the pro-Harris Future Forward super PAC, Li said, with federal filings showing Harris’ main committee alone disbursed roughly $1.18 billion in the 2023-24 cycle.
  • Li said donors see politics as a business proposition and are refusing to reinvest because they believe the money was mishandled and the party never imposed real post-election accountability.
  • She also tied the fundraising slump to Democrats’ leftward shift, saying the party has alienated contributors by embracing policies she described as socialist and by yielding to pressure from its progressive wing.

Insights

If lawmakers spend up to twenty hours a week dialing for dollars, how much influence do regular voters still hold over policy?