'Doomsday scenario': Cash shortage squeezes huge Dem field

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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.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.

Former Colorado Gov. John Hickenlooper spent a half-million dollars more than he raised in the second quarter, finishing June with $840,000 in his campaign account. Former Housing and Urban Development Secretary Julián Castro spent more than 80 percent of the amount he raised, despite a fundraising bounce following his highly regarded debate performance in the closing days of the fundraising period. He was left with about $1.1 million.

He said, “If you don’t have the money, you’re not going to have the infrastructure. And if you don’t have the money or the infrastructure, what are you going to do to break through? At this point, it’s just very, very tough.” “We had the money in our account to continue to try and qualify for the upcoming debate,” Swalwell said. “But we believed that even if we had done that, that when we looked at the September debate, it just wouldn’t add up.”

“Money is a measure of viability,” said Kelly Dietrich, a former Democratic fundraiser and founder of the National Democratic Training Committee, which trains candidates across the country. “And a bad fundraising quarter — your viability will plummet, and it’s really hard to turn around.”

 

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Well they’ll fit right in then won’t they?

Uh oh...

Nearly half the Dem field should drop out.

This Matthew Littman guy with the analogy about not making the playoffs after a tough run is obviously not a Red Sox fan.

Well, this is shocking news. 😂

That's disconcerting...

Running campaigns like they run governments. Kudos for staying true to your visions

trump rapes little girls

That’s great news! Now those same folks should go win the Senate Majority. This is Biden’s Nomination.

U accessed this information in transparency which is very good! But can you access the current President financial information? Even before he became President

That's how the field is whittled down.

Democrats are historically terrible with any kind of budget or fiscal responsibility. They just want to spend our money and enrich themselves.

It must cost more to spread Hate than to actually produce something that actually might do good for this country ! Some one please name something good the Democrats are pushing ?

That’s what democrats do. Put us all in debt

Lol. Its over for the socialist party.

Don't you love how they over spend their campaign budget and then they expect voters to trust them with the Federal budget?

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