Former Vice President Joe Biden reported Friday that he had $9 million in reserve at the end of 2019, an underwhelming sum that suggests he could struggle to compete with his better funded rivals in the weeks ahead. Biden has lagged behind Sens. With the Iowa Caucuses looming Monday, Biden's campaign
DES MOINES, Iowa — Former Vice President Joe Biden reported Friday that he had $9 million in reserve at the end of 2019, an underwhelming sum that suggests he could struggle to compete with his better funded rivals in the weeks ahead.
How much cash 2020 contenders have on hand offers a key indicator of the health of their campaign. And a poor performance in the caucuses combined with an anemic bank account balance has doomed candidates in the past. The memo to supporters Friday stated that Biden will have the resources to compete while downplaying the importance of being a leading fundraiser
Biden spent about $23 million during that period. In comparison, Sanders spent $50 million and had the most cash still on hand, with $18.2 million in the bank. Buttigieg reported that he spent $34 million during that time and had $14.5 million cash on hand, while Warren spent $33 million with $13.7 million left.Compared to Warren and Sanders, Biden faces a disadvantage.
Meanwhile, Warren and Sanders, the two leading progressives in the race, have relied on an army of small-dollar grassroots donors chipping in small amounts — a source of campaign cash that doesn't easily max out.
Österreich Neuesten Nachrichten, Österreich Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
McConnell's Democratic rival McGrath endorses Biden for 2020Amy McGrath, a former Marine combat aviator who has raised more than $16 million in her effort to challenge Sen. Mitch McConnell in November’s election, said Friday that she was endorsing Joe Biden for president. Now she is trying to win the Democratic Senate nomination and unseat McConnell, one of
Weiterlesen »
Sanders surges, Biden plateaus in latest NBC/WSJ poll of 2020 Democratic primary votersBernie Sanders and Joe Biden are battling for position at the top of the 2020 Democratic presidential primary ahead of the Iowa caucuses.
Weiterlesen »
Former Rep. John Delaney drops his bid for 2020 Democratic nomination'It is clear that God has a different purpose for me at this moment in time,' Delaney wrote on Twitter Friday morning.
Weiterlesen »
7 Top Trends From the Pre-Fall 2020 CollectionsThe latest early-autumn offerings are sprinkled with a little something for everyone:
Weiterlesen »
Barbie Will Be More Diverse In 2020Mattel, the maker of the popular Barbie doll, released new additions to the Fashionista line this week, including a doll with a prosthetic limb, one that is bald and one with the skin condition vitiligo.
Weiterlesen »