Democrats raised $1.5 billion in third quarter of 2020.

Democrats score “biggest fundraising day of the 2024 cycle” after Biden drops out of presidential race and endorse Kamala Harris.

Mitch McConnell is somewhere punching the air right now.

In the last quarter, Democrats and left-leaning groups raised a record $1.5 billion through ActBlue.

Politico reports:

From July through September, 6.8 million donors made 31.4 million contributions through ActBlue, the Democratic Party’s favored online donation platform, averaging $47 per donation. More than 14,223 campaigns and organizations benefited from the surge in donations, the largest single quarter in the platform’s 15-year history, according to figures shared first with POLITICO. Just in September, ActBlue processed $758 million.

ActBlue processed $70.6 million in donations to Democrats and democratic groups following the death of Supreme Court Justice Ruth Bader Ginsburg.

This record haul shows the power of small dollar donation in this election cycle. It completely transformed Biden’s campaign from broke to a juggernaut, outraising and outspending Donald Trump. It also shows how small donations from the average American has the power to fundamentally change how campaigns are funded going forward.

It strips power away from wealthy donors and co-operations by removing the leverage they have over politicians thus making them work for the people as intended.

Which is why Mitch McConnell hates it and Republicans are struggling.

Across the country, Republican incumbents are being killed financial due to small dollar donations to ActBlue. It also does not help that their boy in the White House screwed up the country’s response to the pandemic and so they are unable to attend as many in-person high dollar fundraisers this year compared to previous years.

Instead, we see Lindsey Graham on FOX News every day begging money, Donald Trump turning every TV appearance into a campaign rally and treats the White House as his campaign HQ. They are running out of money while Democrats are rolling in it from Biden down to the state legislative candidates.