The Dem have been running hard and now that a billionaire has come to call they need to spend even more money on votes…..
Looks most 0f the 2020 Dem candidates are running low on cash…..all except Bernie….that is……
At a time in the race when running a presidential campaign is getting more expensive, many of the Democrats remaining have less money. After being camped in Iowa for what seemed like ages, the candidates now have multiple, scattered primaries ahead. And on top of competing with Bernie Sanders’ fundraising surge, they now face a billionaire climbing in the polls who can spend as much as is needed. Joe Biden, Pete Buttigieg, Amy Klobuchar, and Elizabeth Warren are nearly out of cash, Politico reports. Financial disclosures filed Thursday night show Biden down to $7.1 million, Buttigieg with $6.6 million, Klobuchar at $2.9 million, and Warren having just $2.3 million. At the other end is Sanders, who has close to $17 million. For January, the candidates raised $58 million in total and spent nearly $357 million, per the Hill.
The struggling candidates are taking steps. Buttigieg, who raised $6.1 million in January but spent more than twice that, asked supporters this week to kick in another $13 million by Super Tuesday on March 3. “We are now also up against a billionaire who is throwing colossal sums of money on television instead of doing the work of campaigning,” he wrote, referring to Michael Bloomberg. Tom Steyer also is funding his own campaign. Warren has taken out a $3 million line of credit, though she had a strong month in January, collecting $10.2 million. The problem was that she spent twice what she took in. With the new need to buy ads in 14 states, super PACs are stepping in, as well. A new one, Persist PAC, lined up more than $1 million worth of ads this week for Warren.
I have been saying that some will not last past South Carolina but the mass exodus will be after Super Tuesday, 3 of March…..
Soon the candidate count will be down to a more manageable total….one the media can run with in their attempt to influence the voter.
I Read, I Write, You Know
“lego ergo scribo”