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October 17th, 2019
This week in money-in-politics
 
2020 Democrats burn cash faster than they can raise it

As the Democratic presidential field narrows, some of the top-tier candidates remain strong in fundraising while others struggle to garner enough support to stay in the game, Tuesday’s quarterly filings show.

Having sworn off high-dollar fundraisers, Sens. Bernie Sanders (I-Vt.) and Elizabeth Warren (D-Mass.), the two frontrunners popular among grassroots donors and ranking near the top of all polls, respectively brought in $27.6 million and $24.5 million during the third quarter. Sanders now tops all his Democratic opponents with $33.7 million on hand, with Warren ranking second with $25.7 million.

Former Vice President Joe Biden, who had led national and Iowa polls until being overtaken by Warren earlier this month, raised $15.3 million in the past three months, significantly less than Sanders or Warren. The campaign spent $17.2 million during the same period. 

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Trump was outraised by hundreds of millions in 2016. That won’t happen again in 2020.
 

While some Democrats are spending more money than they are raising to stand out in a crowded presidential primary, President Donald Trump continues to expand his robust fundraising machine. He enters the final quarter of 2019 with $83 million cash on hand, far more than the $61 million then-President Barack Obama had at this point in 2011. Read more

Lindsey Graham builds grassroots support amid defense of Trump


Sen. Lindsey Graham continues to reap the benefits of his national visibility as a powerful Republican lawmaker and ally of President Donald Trump. The senator from South Carolina raised $3.3 million in the third fundraising quarter of 2019, the most money Graham has ever raised in a three-month fundraising period. It also marks the biggest quarterly haul of any of Graham’s fellow GOP Senate candidates. Read More

Leading 2020 Democrats want to get money out of politics — here’s how they plan to do it


Following Sen. Bernie Sanders’ (I-Vt.) plan to bar corporate money from federal politics, former Vice President Joe Biden and Sen. Elizabeth Warren (D-Mass.) each proposed overhauls to federal election rules early this week. The proposals come as Democrats increasingly run on the popular message of getting big money out of politics. Read More
The numbers are in for the third quarter of 2020
 
Although President Donald Trump had a two-year head start, a number of Democratic candidates, through a variety of methods, have managed to pull together sizable war chests throughout the first nine months of the year. 

So far, the vast field of 2020 candidates has pulled in a combined $621.3 million dollars, while outside groups have raised just short of $60 million. 

Candidates running for the House of Representatives have managed to raise over $441.7 million while candidates running for Senate have raised a combined $226.4 million. 

Take a closer look at the numbers here
Follow the money on Presidential fundraising here
 
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