Will Future Forward, co-founded by Gaurav Shirole, Help Elect Kamala Harris
October 27, 2024
As in most elections in democracies around the world, one key factor determining the results of elections in the United States is the amount of funds raised by rival candidates.
As of October 17, Kamala Harris’s campaign raised $906 million while Trump raised $367 million, according to OpenSecrets.com, an independent non-profit which tracks such information. In addition, funds raised by political action committees (PAC), which support Harris totaled $586 million while those backing Trump raised $694 million.
But, despite these figures, it is possible that the Harris campaign has no overall edge in funding since some large PACs, known as Super PACs, do not have to immediately disclose the amounts they are spending on campaigns to the Federal Election Commission. So, whether or not Super PACs helped Trump raise more money overall than Harris may not be known for weeks after the November 5th election.
America PAC is one of the large super PACs backing Trump. It was set up by Tesla founder and billionaire Elon Musk. As of mid-October, his personal contribution to America PAC was $119 million, according to CNN.
Future Forward USA Action (FF PAC) is the official and largest Super PAC backing Harris. Together with an affiliated group it has raised more than $700 million, according to The New York Times. The Washington DC based group’s “mission is to help rebuild America's middle class — and American democracy — by advancing new ideas and fresh perspectives.”
(Photo: Gaurav Shirole, co-founder, Future Forward)
ACCESS FULL STORY ON SUBSTACK BY CLICKING HERE
IT IS FREE TO SUBSCRIBE TO GLOBAL INDIAN TIMES. USE THIS SUBSTACK LINK
(c) All rights reserved. Copyright under United States Laws.
