Donations to Democratic PAC ActBlue soared after Biden dropped out
The Democratic party’s money machine is up and running once again. After President Biden dropped out of the 2024 race, online donations to Democrats have soared, with political action committee ActBlue reporting that by 9 p.m. EST yesterday it had received nearly $50 million in donations.
By the day’s end, data collected by Ryan Murphy reveals that the total had climbed over $68 million, by far the largest amount raised by ActBlue in a single day in 2024 (the second largest was at the end of June, around the debate).
The donations suggest that Democratic donors are willing to get behind Kamala Harris. Betting markets, tracked by Polymarket, give Trump a 64% chance of winning the White House in November, with Harris at 29% per the latest data as of 6:50 a.m. EST.
By the day’s end, data collected by Ryan Murphy reveals that the total had climbed over $68 million, by far the largest amount raised by ActBlue in a single day in 2024 (the second largest was at the end of June, around the debate).
The donations suggest that Democratic donors are willing to get behind Kamala Harris. Betting markets, tracked by Polymarket, give Trump a 64% chance of winning the White House in November, with Harris at 29% per the latest data as of 6:50 a.m. EST.
