Biden and Harris planning 2024 fundraisers amid impending debt default

President Biden and Vice President Kamala Harris are reportedly planning their first 2024 re-election campaign fundraisers as the country nears a June 1 deadline to raise the debt ceiling or face a possible default. 

The fundraisers could come as soon as next week, according to Reuters, with events being planned in New York and Georgia. 

Biden is expected to attend a reception and dinner in New York City on May 10 to kick off his quest for a second term, according to the news outlet, one day after a scheduled high stakes meeting with congressional leaders to discuss raising the nations borrowing limit.

Harris, meanwhile, will reportedly be dispatched to the Peach State for a campaign fundraising event on May 12.

The vice president is already scheduled to be in Atlanta that day for a state Democratic Party event.

Reuters reports that the inaugural campaign events for Biden, 80, will be intimate, small-group gatherings of about 40 major donors. 

The events are expected to bring in some $2.5 million for the Biden campaign, which has already spent over  $1 million on Google and Facebook ads since the president’s April 25 re-election announcement.