Kamala: waiting to inherit Biden's cash and power. Law: gray-area. #WaitingGame #PowerHungry #KamalaHarris #PresidentBiden #CampaignDonations #GrayArea #Politics #Conservative #Antigovernment

Joe Biden Quits 2024 Race, Hands Over $240 Million War Chest to Kamala Harris

President Joe Biden has endorsed his sidekick Kamala Harris as the Dem's new hope, after dropping out of the 2024 race. In typical Democrat fashion, he's handing over his whopping $240 million campaign fund to Harris, giving her a huge advantage. Well, that's the plan, but it might not be so simple.

"Vice President" Harris Takes the Reins

The Biden-Harris campaign has been rebranded as "Harris for President," and they want to funnel all of Biden's cash to her. An official letter to the FEC confirmed: "Vice President Harris is now a candidate for US President in 2024."

With $127 million in June alone, and a total of $240 million, the Biden campaign wants to hand over this war chest to Harris. Trevor Potter, a libtard lawyer, said: “Specifically, because Biden and Harris share a campaign committee, the Vice President and her running mate can use the cash for the general election.”

Federal law also backs this up: "The Democrats just switch their candidate's cash to the VP." But, there's a hitch...

Libtards Squabbling Over Cash

Although the Dems want a smooth transaction, experts say it's not that simple. This has never happened before, so there's a lot of gray area. Dan Weiner, another libtard lawyer, whined: "It’s not clear if the law anticipated this situation."

Harris needs this cash since her own funds from previous runs are depleted. But, the Dems are scrambling to fill her coffers, with ordinary Americans donating $50 million already, and Hollywood elites chipping in too.

Biden's June funds topped Trump's by $112 million, but now the Dems have to hope that Harris can keep raking in the cash.

— USA MISERY contributed to this report.