Campaign Finance 2020

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Campaign Finance 2020

#1

Post by Addie » Tue Jul 16, 2019 11:06 am

Politico
'Doomsday scenario': Cash shortage squeezes huge Dem field

Nearly half of Democratic candidates spent more campaign cash than they raised in the second quarter of the year.


Months of bleak polling couldn’t stop the parade of lower-level Democrats crowding into the presidential primary.

But bankruptcy might.

Eleven Democratic presidential candidates — nearly half of the sprawling field — spent more campaign cash than they raised in the second quarter of the year, according to new financial disclosures filed Monday. Eight contenders active in the spring limped forward with less than $1 million in cash on hand, and several top-tier contenders were already spending multiples of what their lower-profile competitors raised.

The financial squeeze is set to drastically shrink the lineup of Democratic contenders in the coming months, barring major shifts in momentum, as candidates grapple with the doldrums of summer fundraising and the high costs of staffing national campaigns and building donor lists big enough to qualify for future Democratic National Committee debates. The numbers also reveal the tremendous pressure on lesser-known candidates to make a splash in the debates at the end of this month — potentially the last chance some will have to attract a burst of support as their expenses pile up.

“This is the doomsday scenario for a lot of campaigns, where they’re grasping for air to keep their campaigns alive and to live another day,” said Andrew Feldman, a Democratic strategist in Washington. “You can’t build an organization. You can’t build an operation that turns enthusiasm into votes without having resources to do it.”

The disclosures show a yawning gap growing between the Democratic primary’s five front-runners — who combined to rake in about $100 million — and a collection of rivals increasingly struggling to get by, thanks to combinations of low fundraising, relatively high expenses and little money built up in previous years or fundraising quarters.
Adding:
NPR ( Updated July 16 2019): Tracking The Money Race Behind The Presidential Campaign

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Re: Campaign Finance 2020

#2

Post by Addie » Tue Jul 16, 2019 1:31 pm

New York Times
In 2020 Democratic Fund-Raising, Five Candidates Stand Out

Five Democratic presidential candidates raised a combined $96 million from individual donors in the last three months — about three-quarters of the total fund-raising by the entire Democratic field, according to reports filed with the Federal Election Commission on Monday.

We crunched the latest fund-raising numbers for the candidates, and the findings paint a picture of the diverging fortunes in the 2020 race. The numbers highlight the financial challenges that many of the lesser-known candidates are facing as they seek to keep their campaigns afloat.

Mayor Pete Buttigieg more than tripled his fund-raising from the first quarter, as did Senator Elizabeth Warren. Senators Bernie Sanders and Kamala Harris raised about the same as in the first quarter. Former Representative Beto O’Rourke took in a fraction of what he raised in the first 18 days of his campaign. And former Vice President Joseph R. Biden Jr. came in second to Mr. Buttigieg.


Adding:
Vox: 5 winners and 18 losers from the Democratic presidential fundraising quarter

Biden is no dominant frontrunner, and other takeaways from the latest filings.

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Re: Campaign Finance 2020

#3

Post by Addie » Wed Jul 17, 2019 12:11 pm

WaPo
More than 3 million people gave to Democrats via ActBlue, signaling another big year for online small-dollar donations

More than 3 million people have given money to Democratic candidates and left-leaning organizations this year through ActBlue, an online fundraising platform that helped drive the party’s small-dollar boom in 2018.

Those donors together have given more than $420 million through the platform in the 2020 election cycle, surpassing the $249 million given at this point in the 2018 campaign, according to figures provided by ActBlue to The Washington Post.

The latest figures show an eagerness on the part of Democratic donors to provide financial support to their preferred candidates and causes — from local candidates to groups helping migrants detained at the border to the many 2020 Democratic presidential hopefuls — long before the November 2020 election.

“These donors reflect a tremendous amount of energy and interest,” said Erin Hill, ActBlue executive director. “Seeing that kind of energy early is a testament to how engaged and empowered the grass-roots [donors] are.”
Adding:
CBS News: Small-dollar Democratic donors give $420 million through ActBlue in first half of year

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Re: Campaign Finance 2020

#4

Post by Addie » Thu Jul 18, 2019 3:37 pm

Politico
Obama and Clinton’s bundlers are betting on these 3 candidates

The biggest fundraisers in the Democratic Party have identified early favorites as the 2020 candidates jockey for resources.


Big-money Democratic donors have jumped off the sidelines of the presidential race, and three candidates are the clear winners of their support: Joe Biden, Pete Buttigieg and Kamala Harris.

Each of those three candidates received more than 220 donations from top fundraisers who helped raise at least $100,000 — and sometimes many multiples more — for Hillary Clinton’s 2016 campaign or at least $50,000 for Barack Obama in 2012, according to a POLITICO analysis of Federal Election Commission data. Members of this group of nearly 2,000 bundlers have tapped their personal networks in the past to collectively raise tens of millions of dollars for Democratic campaigns.

But while top Democratic fundraisers donated more money in the second quarter of 2019 than in the slow first three months of the year, many are no closer to choosing a single candidate: Close to 40 percent of the 810 bundlers who have donated to a 2020 Democrat have given to more than one candidate.

And while the Democratic field has largely fought to be the party of small-dollar donors in 2020, Biden, Buttigieg and Harris in particular have hustled for bundler support behind closed doors during the early months of the campaign.

“They’ve asked for help, they’ve asked for support, they’ve asked you to co-host events. They’ve asked for introductions to others,” said Rufus Gifford, former finance director for Obama’s 2012 reelection campaign, who has donated to Harris, Biden and several other candidates. ...

After this top tier of candidates, New Jersey Sen. Cory Booker is the Democrat who received donations from the most bundlers. Booker has raised money from 152 fundraisers so far during this election cycle. While 39 of the bundlers donated to Warren, seven have given to Sanders’ campaign so far.

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Re: Campaign Finance 2020

#5

Post by Addie » Sat Jul 20, 2019 1:16 pm

CNN
Joe Biden dominates, but Pete Buttigieg makes inroads with Obama's elite bundlers

Washington (CNN)Former Vice President Joe Biden drew dozens of Barack Obama's fundraisers to his presidential bid during the April-to-June fundraising quarter, but his rivals -- led by South Bend, Indiana, Mayor Pete Buttigieg -- also are capturing some of those elite bundlers, a CNN analysis of new 2020 campaign filings shows.

At least 40 top fundraisers to Obama's 2012 reelection effort donated to Buttigieg's campaign during the three-month period, helping to catapult the once little-known mayor to the top financial tier. Buttigieg raised nearly $25 million during the second quarter, outpacing Biden and all his other competitors for the Democratic presidential nomination.
In interviews this week, several Obama bundlers said the 37-year-old Buttigieg has energized a wide range of political donors.

Bryan Rafanelli, a Boston-based event planner who raised money for both Obama and Hillary Clinton, said he decided to "speed date" a few candidates before quickly settling on Buttigieg. He's already hosted four events for the mayor, and the first sold out so quickly that organizers had to add a 55-person lunch with only donors who gave the $2,800 maximum contribution for the primary, he said.

"There is no question that people in the Clinton and Obama worlds started to connect and say, 'Who is this guy?' And ask, 'Why is he so special?' " Rafanelli said about the early buzz around Buttigieg.

"Look, I have maxed out to Joe Biden, I love Joe," he added. "But this excitement of getting people invested in someone running for president, to me, it is priceless. Whether Pete goes all the way or not, I think that is part of it. We are hungry for a solution. So, people are willing to say, 'I am going to try this.'"

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Re: Campaign Finance 2020

#6

Post by Addie » Sun Jul 28, 2019 6:41 pm

La Crosse Tribune
Wisconsin donors favor Trump in Q2 contributions for 2020 campaign

Wisconsin donors to the 2020 presidential campaigns emptied their pockets most for President Donald Trump, according to filings for second-quarter itemized contributions.

Trump’s campaign received $243,175 in itemized contributions, donations that exceed $200, from Wisconsinites in the second quarter.

Democratic presidential candidate Elizabeth Warren’s campaign raised $73,466 in the second quarter, the second largest sum from Wisconsinites. She was followed by Democratic presidential candidates Pete Buttigieg and Bernie Sanders, who raised $43,031 and $42,099 in the second quarter, respectively. Minnesota Sen. Amy Klobuchar’s campaign raised $36,705 in the second quarter, the sixth largest sum.

Contributions greater than $200 to federal candidates, PACs or parties must be itemized and disclosed to the Federal Election Commission by law. These donations include specific information including the donor’s name, address, employer and occupation. Contributions $200 or less only need to be reported as a lump sum to the FEC, and were not included in this La Crosse Tribune analysis.

Small-dollar donations add up, and more than 50% of the money raised so far by the Trump, Sanders and Warren campaigns have come from small-dollar donors.

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Re: Campaign Finance 2020

#7

Post by Addie » Mon Jul 29, 2019 12:29 pm

The Atlantic: Political Fundraising Has a Big, Nasty Secret

U.S. campaign-finance laws have been written to prevent donors from taking advantage of politicians—but do little to protect donors from being scammed.
Associated Press: Freshmen House Democrats raise more money than GOP opponents

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Re: Campaign Finance 2020

#8

Post by Addie » Mon Jul 29, 2019 12:39 pm

WaPo
Independent Democratic effort to defeat Trump raises more than $23 million, group says

Priorities USA, an independent Democratic effort focused on defeating President Trump in 2020, raised $23.4 million through the first half of the year, while reporting pledges of an additional $64.6 million, the group announced Monday.

The organization, which took a lead role in attacking Republican presidential candidates in 2012 and 2016, has pledged to spend $100 million to defeat Trump through the Democratic primaries, largely through television and digital advertising.

The bulk of the money Priorities USA raised this year — nearly 80 percent — flowed into its nonprofit arm, which does not disclose its donors. Previously, Priorities USA raised most of its donations through its super PAC, which must disclose donors.

So far in 2019, Priorities USA has raised $18.6 million through the nonprofit and $4.8 million through the super PAC, officials said. The super PAC figures will be made public Wednesday through federal filings. The amount raised by its nonprofit probably will not be verified until after the 2020 elections because of delays in nonprofit filings.

Still, the reported amount so far in donations and pledges signals enthusiasm among wealthy Democratic donors who are eager to pour money into defeating Trump but do not yet have a preferred candidate in the Democratic primary.
Adding:
Politico: Trump-endorsed outside groups outraised by Dems

Priorities USA raised more money than Trump-aligned America First in the first half of 2019.

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Re: Campaign Finance 2020

#9

Post by Addie » Wed Jul 31, 2019 6:55 pm

CNN: Bernie Sanders raises $1.1 million following debate
The Hill: Delaney posts best online fundraising day of campaign after primary debate ...

The campaign did not immediately respond to a request for clarification from The Hill regarding the amount that was raised. :roll:

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Re: Campaign Finance 2020

#10

Post by ZekeB » Tue Aug 06, 2019 9:13 pm

Steyer continues to run ads that trash Trump and the do-nothing republicans. He never pokes at other democrat candidates. This makes me wonder. Considering that he's running those ads under the guise of running for president, does a different set of rules apply to the amount of money he can spend if running for president as opposed to him spending it attacking republicans as a non-candidate? Is he doing this in a way that allows him to spend all the money he wishes?
Trump: Er hat eine größere Ente als ich.

Putin: Du bist kleiner als ich.

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Re: Campaign Finance 2020

#11

Post by Addie » Sat Aug 10, 2019 7:21 am

H/T Jeffrey

The Week
Tulsi Gabbard, Andrew Yang, and Julián Castro have the biggest share of nonwhite donors in the 2020 race

White Democratic candidates aren't doing so hot with non-white donors.

Scratch that, no 2020 candidates have a very big portion of their donations coming from people of color. Despite the Democratic party showing increasing numbers of minority support, an analysis of campaign finance data from Sludge and Data for Progress reveals that of donors who gave $200 or more, just one candidate racked up even a third of their donations from non-white supporters.

Donations of less than $200 don't have to be provided to the Federal Election Commission, so people who gave less aren't necessarily reflected in campaign finance data. Still, of the data available, Rep. Tulsi Gabbard (D-Hawaii) has the highest portion of donations from people of color, at 33.4%. The vast majority of that segment came from Asian donors, who made up 32% of Gabbard's overall donor base. Andrew Yang is next with 33.1% of his donors being non-white, and 29.3% Asian donors overall. Julián Castro has 31.6% non-white voters, largely thanks to 26.9% of his donations coming from Latino backers.

There's a large jump before we arrive at Sen. Kamala Harris (D-Calif.), who got 7.5% of her donations from self-described African-American voters. Still, just 14.9% of her donors were non-white, giving a total of $820,776. Closely behind are New York City Mayor Bill de Blasio and Sen. Bernie Sanders (I-Vt.).

At the other end of the spectrum, South Bend, Indiana Mayor Pete Buttigieg got the most money from white donors, at $6,950,825. Sludge couldn't find a single African-American donor giving over $200 to former Rep. John Delaney, while Rep. Tim Ryan (D-Ohio) had just one African-American donor and six non-white donors overall. ...

Find more donor analysis at Sludge and Data for Progress. Kathryn Krawczyk

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Re: Campaign Finance 2020

#12

Post by Addie » Sun Aug 18, 2019 2:00 pm

Politico: Joe Biden’s boom and bust online campaign

Biden’s online fundraising has tailed off, suggesting problems generating grassroots enthusiasm, a POLITICO review of millions of donations shows.

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Re: Campaign Finance 2020

#13

Post by Addie » Mon Aug 19, 2019 3:24 pm

Think Progress: America’s broken campaign finance system is a 2020 issue

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Re: Campaign Finance 2020

#14

Post by Addie » Wed Aug 21, 2019 9:02 am

Associated Press
Democrats spending millions to try to take back statehouses

AUSTIN, Texas (AP) — Democrats still shaken by the 2010 tea party wave that netted Republicans six governors’ offices, flipped 21 statehouse chambers and drove nearly 700 Democratic state legislators from office are mounting a comeback, pouring millions of dollars into state level races.

In a longtime Republican district covering a wealthy enclave of Dallas, Democratic challenger Shawn Terry has raised $235,000, an eye-popping amount for a statehouse race that’s more than a year away. In Virginia, where the GOP holds a slim majority, Democrats have outraised Republicans for the first time in years. Democrats are even putting some money in deeply Republican Louisiana.

The cash deluge shows how the consequences of next year’s elections run far deeper than President Donald Trump’s political fate. The party that controls state legislatures will take a leading role in the once-in-a-decade redistricting process that redraws congressional maps. Newly empowered Republicans used that process to their favor following the tea party victories, and Democrats want to use the same playbook.

“There is, especially for this cycle, a very strong focus on redistricting,” Terry said.

The stakes are particularly high following a recent Supreme Court ruling that decided federal courts have no business policing political boundary disputes in many cases. The ruling doesn’t apply to districts gerrymandered along racial lines but otherwise gives states wide latitude to draw maps with little concern for an eventual judicial rebuke.

“Everybody knows everything is at stake,” said Stephanie Schriock, president of the group EMILY’s List, which recruits and trains women to run for office and plans to spend $20 million on legislative races. “We just have to go in and win chambers.”

Organizations like EMILY’s List, the Democratic Governors Association and the Democratic Legislative Campaign Committee have seen a sharp increase in donations, nearing parity with Republicans who almost always outraise and outspend them, according to an analysis of IRS data by The Associated Press.

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Re: Campaign Finance 2020

#15

Post by Addie » Mon Aug 26, 2019 5:51 pm

The Hill
California's big donors are giving the edge to Buttigieg

California always loves the next new thing. And this summer’s West Coast sensation isn’t a breakout star from a surprise hit film, or the latest Apple gadget you didn’t know you needed.

It’s Pete Buttigieg. At least when it comes to political donors.

This is an unexpected situation. Major Democratic funders out here are concentrated in two areas: Big Tech up north, Big Entertainment in the south. True to their business models, Hollywood usually leads with its heart while Silicon Valley billionaires drill down on numbers and probabilities. Those separate calculations don’t often add up to the same candidate. But this year, the mayor of South Bend, Ind., is making friends all over the state.

Also unusual: One of the other leading Democratic presidential contenders, Sen. Kamala Harris (D-Calif.), is a “favorite daughter” who should be far out ahead in contribution totals. Leading California donors have strongly supported her previous successful campaigns for state attorney general and the U.S. Senate. As a detail-driven prosecutor who also is an Asian-African-American woman, she checks the boxes for both head and heart, both Silicon Valley and the big studio boardrooms.

But Buttigieg came on strong in the spring and has not let up. In the second quarter of this year, he topped all candidates in nationwide fundraising, bringing in close to $25 million. A sizable share came from California: Harris raised $3.18 million here, but Buttigieg took in $3.75 million — more than half of that from big-money sources in Silicon Valley and Hollywood.

Both candidates will be back fundraising in the state over the next two weeks, before the start of the fall campaign run-up to Iowa and New Hampshire. Harris is by no means out of the money contest in California, but she must confront two obstacles in her financial face-off with Buttigieg.

First: Up in Silicon Valley, where her contact list is deep, the senator finds herself battling for dollars with a third candidate, one who still hasn’t broken into the top polling tier — Sen. Cory Booker (D-N.J). Despite his low numbers, Big Tech is showing allegiance to Booker, a Stanford graduate who has cultivated personal friendships in Silicon Valley for more than 25 years.

He’s invested in Valley start-ups and the Valley has invested in him, donating more than a half-million dollars to Booker in his five years in the Senate. Those old school ties are strong, and this no doubt keeps Harris’ Big Tech fundraising numbers in check. Buttigieg, as the shiny new outsider, gives contributors someone fresh to fund.

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Re: Campaign Finance 2020

#16

Post by Addie » Tue Aug 27, 2019 9:28 am

Daily Beast - Gideon Resnick
Bernie Out-Raises Biden in Obama-Trump Swing Counties

The Vermont presidential contender has the most donors throughout the country as well as in the counties that swung from Obama to Trump.

Former Vice President Joe Biden has built his early polling lead in the 2020 Democratic primary on the argument that he is the Democratic candidate best positioned to take on President Donald Trump. He referenced his standing against Trump in the first TV ad he ran and has spoken repeatedly about winning over Republican voters who, he argues, have grown disenchanted with the president.

But in at least one “electability” metric, Biden is lagging behind his Democratic competition. In the 206 counties that voted for Barack Obama twice before backing Trump in 2016, the former VP has fewer donors than three primary opponents.

According to an analysis of Federal Election Commission data on the Democratic online giving portal ActBlue, 12,040 donors from those Obama-Trump counties made 19,885 donations to Biden during the first six months of 2019. By contrast, Sen. Elizabeth Warren (D-MA) had 13,674 donors make 26,298 donations from those counties and South Bend Mayor Pete Buttigieg had 14,294 donors make 23,320 donations from those counties.

Biden has only been in the race since late April, compared to Warren and Buttigieg, who had launched presidential exploratory committees by the beginning of 2019 and late January respectively. But the latter two have had stronger fundraising months more recently. All three of them trail Sen. Bernie Sanders (I-VT)—whose campaign helped compile the data—when it comes to donors from Obama-Trump counties. The Democratic-Socialist had 33,185 donors make 81,841 donations in those areas, a haul that his team was eager to tout.

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Re: Campaign Finance 2020

#17

Post by Addie » Fri Aug 30, 2019 1:09 pm

ABC News: Andrew Yang's speaking fees, including from JPMorgan, raise campaign finance questions: Experts
ABC News: Firm tied to top Trump campaign aide Brad Parscale has side deal with pro-Trump super PAC

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Re: Campaign Finance 2020

#18

Post by Addie » Wed Sep 04, 2019 8:19 am

LA Times: Small donors don’t cut it for many Democratic candidates. Back to the rich
The Hill: Biden campaign says it's returning money from lobbyists
Yahoo Finance: Here’s How Much All the Presidential Candidates Have Raised So Far

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Re: Campaign Finance 2020

#19

Post by Addie » Sat Sep 14, 2019 10:45 am

WaPo
Candidates dash for cash, seeking money to sustain presidential campaigns and avoid a death spiral

HOUSTON — Candidates for the Democratic presidential nomination are sprinting from coast to coast in search of campaign donations over the next 18 days, moving urgently to stockpile cash for their big fall push — and to avoid a death spiral that a weak third-quarter fundraising tally might prompt.

With the third debate behind them — the fourth is in mid-October, well after the fundraising deadline — the candidates are devoting themselves to finishing with a flourish what is typically a difficult three-month fundraising period, according to a review of invitations and interviews with officials and donors.

Former vice president Joe Biden’s campaign has tentatively arranged at least 16 post-debate fundraisers before the Sept. 30 deadline, including one here Friday and another in Dallas on Saturday. Sen. Kamala D. Harris (Calif.) has at least 17 planned. Pete Buttigieg, the mayor of South Bend, Ind., was scheduled to hold at least 10, including one in Dallas on Friday.

Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (Mass.), who have opted not to host fundraisers catering to wealthy patrons, are revving up their online operations to rake in smaller contributions. The Sanders campaign says it is closing in on 1 million donors and hauled in more than 13,000 contributions on a single day last week. Many Democrats anticipate Warren will also post big numbers when the reports are released in October.

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Re: Campaign Finance 2020

#20

Post by Addie » Tue Sep 17, 2019 6:06 pm

Law & Crime: ‘The Constitution Isn’t Finished’: Legal Heavyweights Call for Amendment to Overturn Citizens United

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Re: Campaign Finance 2020

#21

Post by Addie » Sun Sep 22, 2019 4:12 pm

Axios: Bernie Sanders becomes first candidate to reach 1 million individual donors

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Re: Campaign Finance 2020

#22

Post by Addie » Sun Sep 22, 2019 6:45 pm

Politico: The Money

Who's winning — and losing — the great 2020 money chase. Here's the run-through of every 2020 Democratic candidate’s campaign fundraising.

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Re: Campaign Finance 2020

#23

Post by Addie » Wed Oct 02, 2019 7:40 am

Associated Press
Bernie Sanders and Pete Buttigieg faced skepticism about their 2020 prospects. Both candidates just released large Q3 fundraising numbers.

Bernie Sanders reported Tuesday that he raised $25.3 million over the last three months, the largest quarterly sum a Democratic White House hopeful has posted this year and an amount that ensures he will be an enduring presence in the primary.

Pete Buttigieg, who entered the race as the little-known mayor of South Bend, Indiana, also released his numbers, pulling in $19.1 million for the quarter, an almost $6 million dip from his field-leading sum last quarter but a figure that's all but certain to place him in the top tier.

The large sums, which were posted after the notoriously dry summer fundraising months, come as both candidates have faced skepticism about their prospects. Buttigieg has struggled to break out of single-digit polling, while Sanders has faced a drumbeat of speculation that progressive rival Elizabeth Warren is eating into his support. ...

For candidates, there's a growing sense of urgency as the primary becomes a fierce battle for a limited pool of cash. In the days and hours before Monday's deadline, they pleaded for money, making appeals on social media and collectively blasting out more than 80 emails asking supporters to "chip in" $5, $10 or $50. The third-quarter figures have to be reported to the Federal Election Commission by Oct. 15.

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Re: Campaign Finance 2020

#24

Post by Sterngard Friegen » Wed Oct 02, 2019 9:43 am

For the Democratic primary each candidate's fundraising is of course important. But for the general election fundraising will be most important only for the GOTV of each candidate. Thus, whether Trump raises $500 million or $1 billion and spends it all on TV and media buys, or whether he spends it on mobilizing voters will be important. Voters at that point won't need to know more about Trump or the generic Democrat. They need to actually go to the polls and vote.

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Re: Campaign Finance 2020

#25

Post by Addie » Fri Oct 04, 2019 12:15 pm

Daily Beast
Elizabeth Warren Outraises Joe Biden in Third Quarter With $24.6-Million Haul

The numbers indicate growing momentum for her campaign, which did not initially get off the ground as a fundraising juggernaut.


Sen. Elizabeth Warren’s (D-MA) campaign announced Friday that she raised $24.6 million in the third quarter, a massive haul placing her among the top fundraisers in the 2020 Democratic primary field.

According to the campaign, Warren’s fundraising tally came from 509,000 donors and 943,000 contributions, with an average donation of $26. More than 300,000 of the donors gave for the first time in the third quarter and Warren’s campaign now touts $25.7 million in cash on-hand. The campaign has accrued around 750,000 donors throughout the cycle, according to an aide.

The haul places Warren just behind Sen. Bernie Sanders (I-VT), who raised $25.3 million, which is the single-best reported quarterly haul of any candidate thus far in the 2020 cycle. Perhaps more crucially, Warren’s tally cements the fact that the two candidates who have eschewed the fundraising circuit and relied on small-dollar contributions easily outraised former Vice President Joe Biden, who is also among the frontrunners for the Democratic nomination.

Biden’s campaign announced Thursday that he raised $15.2 million, which put him behind Warren, Sanders and South Bend Mayor Pete Buttigieg. It also represented a decline from his prior total of $21.5 million raised between his late April campaign launch and July. According to NBC News, this drop-off also came in conjunction with Biden attending more fundraisers in the third quarter than in the second.

For Warren, the trend line has moved in the opposite direction. Despite some concerns about early anemic fundraising, the Massachusetts Democrat raised more than $6 million in the first quarter, then more than $19 in the second, and finally almost $25 in the third.
Adding:
Reuters: Biden lags Sanders, Buttigieg with $15.2 million in quarterly fundraising

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