If Biden opts to drop out of the race, a big question is what would happen to the current campaign's $91 million cash on hand.FILE - President Joe Biden and Vice President Kamala Harris stand on stage at the Democratic National Committee winter meeting, Feb. 3, 2023.following his shaky performance in last week's debate, but she's also emerged as a potential option to lead the party herself if Biden opted not to continue his campaign.
“When you give money to a campaign committee, it is pretty much theirs to do with what they please, within the boundaries of the law," he said.'No one is pushing me out': Biden tells campaign staff he will keep fighting for reelectionAny donations designated for the primary — which Biden won — would stay with the campaign, Gross said, something that technically could apply to any money taken in by Biden-Harris up until the Democratic National Convention in August.
According to Smith, if Biden left the race and Harris didn’t replace him as nominee, their former campaign could only transfer $2,000 of the money that had been collected to a new candidate.According to Gross, if both Biden and Harris either drop out of the contest or don't become their party's nominee, they could opt to designate the campaign funds for a super PAC or the party itself.
If Harris is left in the race, she could also do that with the funds, too — or keep them for her own effort.