Democratic White House hopefuls see fundraising efforts dwarfed by Donald Trump
The president is raking in donations in comparison to the candidates vying to be his opponent next year.
Bernie Sanders raked in 25.3 million US dollars over the past three months, putting him on top of the Democratic presidential fundraising field.
But in a sign of what he and his rivals are up against, President Donald Trump and his allies raised 125 million US dollars.
Other leading Democrats, including former Vice President Joe Biden and Massachusetts Senator Elizabeth Warren, have yet to reveal their fundraising figures for the third quarter.
— Bernie Sanders (@BernieSanders) October 1, 2019
Defeating Trump is not enough.
We need leadership that will fight for working families and the shrinking middle class, not just the 1%.
That is exactly what I have done my whole life and what I am prepared to do as president. pic.twitter.com/0NZSKIhb5G
But the staggering sum on the Republican side, which was split between the Trump campaign and the Republican National Committee, highlights the cash gulf between Democrats and the Republicans.
It could revive anxieties among Democrats that a protracted primary featuring nearly 20 candidates could be counterproductive while Mr Trump builds a massive cash advantage that can be used against the ultimate nominee.
“This is a (ton) of money,” Bakari Sellers, a top surrogate for California Senator Kamala Harris, tweeted in reference to Mr Trump’s fundraising.
Although activists who contribute small amounts online have been widely celebrated, he said that will not stand up to the Trump operation.
— Elizabeth Warren (@ewarren) September 30, 2019
Our campaign is grassroots funded: That means no fancy fundraisers, no PACs, no federal lobbyists.
Our big quarterly FEC deadline is tonight. Will you chip in $3 before midnight to help power our grassroots campaign? https://t.co/zCo0jCRHef
“Small dollar donations alone ain’t going to save our democracy.”
Mr Sanders posted the largest quarterly sum for a Democratic White House hopeful this year.
The haul ensures the Vermont senator will be an enduring presence in the primary even as Ms Warren and Mr Biden have surpassed him in some polls.
Much of the money he raised came from his army of small-dollar online contributors.
Meanwhile, Pete Buttigieg, who entered the race as the little-known mayor of South Bend, Indiana, pulled in 19.1 million US dollars.
— Joe Biden (Text Join to 30330) (@JoeBiden) September 30, 2019
Wonder why President Trump is lying about me? It's because he knows that I will beat him like a drum.
Chip in $5 before tonight’s public fundraising deadline to help us defeat Donald Trump and stop the outrageous lying and cheating he engages in: https://t.co/I2jAPpnURl pic.twitter.com/yWcclnx5Zo
That’s an almost six million US dollars dip from his field-leading sum last quarter but a figure that is all but certain to place him in the top tier.
Now the question turns to how much money Mr Biden and Ms Warren raised during the third quarter.
The former vice president and the Massachusetts senator are in an increasingly close race for first place, according to several polls.
There is a growing sense of urgency for the White House hopefuls 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” five, 10 or 20 dollars.
The third-quarter figures have to be reported to the Federal Election Commission by October 15.
— Pete Buttigieg (@PeteButtigieg) October 1, 2019
I am profoundly grateful to every single person who has pitched in to power our campaign. Together, we’re building a movement that’s big enough, and hopeful enough, to do things differently and win. Thank you. https://t.co/zLjVuOENN4
Those outside the top tier are facing pressure to post competitive numbers or get out.
They will not only face challenges paying for advertising to amplify their message, but are also likely to struggle reaching fundraising thresholds set by the Democratic National Committee to qualify for future debates.
“If you are being outraised three to one by Elizabeth Warren, Bernie Sanders or Joe Biden, you have no viable path to victory,” said Rufus Gifford, Barack Obama’s former finance director.
“Even if you can compete in the early states … shortly thereafter you will run out of money.”
Over the summer, Ms Harris kept up an aggressive fundraising schedule to stockpile the cash needed to build up her operation in early states.
Yet she did not improve on her past performance amid a series of stumbles and restarts.
The 11.6 million US dollars she reported raising keeps virtually even with her totals from each of the past two quarters, suggesting she has not caught on with much of the party’s activist donor base.
Still, it is enough to keep her in contention in the months to come, and Ms Harris’ campaign manager, Juan Rodriguez, said they were “built to win this primary.”
Others face dimmer odds.
Cory Booker recently warned that unless he juiced his fundraising numbers by an additional 1.7 million US dollars he would likely have to drop out.
The New Jersey senator announced Tuesday he was “proud” of his team for surpassing the goal while pulling in a total of six million US dollars for the quarter.
But campaign manager Addisu Demissie then issued a memo stating they would have to do even better and raise three million US dollars by the end of October.
— Eric Trump (@EricTrump) September 27, 2019
UPDATE: We have now raised almost $15 million in small dollar donations (including 50,000 NEW donors) since @SpeakerPelosi started this impeachment charade 72 hrs ago! Unbelievable numbers!! Keep it going — you and the dems are handing @realDonaldTrump the win in 2020! ��������
The third quarter came to a close as Mr Trump faces an impeachment inquiry in Congress related to his attempts to get the Ukrainian government to investigate Mr Biden.
The development has scrambled politics in Washington but has turned into a fundraising rallying cry for both major political parties.
Mr Trump has turned his outrage over the inquiry into a flood of campaign cash.
Mr Trump and the RNC reported raising 13 million US dollars in the three days after House Speaker Nancy Pelosi announced the probe last week.
And Mr Trump’s son Eric tweeted later that the total grew to 15 million US dollars.
That is a source of worry for some Democrats.
“Trump’s presidency is wounded but not mortally wounded, and their operation is as good as it gets,” Mr Gifford said.