The packed Democratic presidential field will likely become less crowded in the coming weeks, with major campaigns of national candidates quickly running out of cash heading into the second televised debate.
“Among those with the highest burn rates, according to Federal Election Commission records, are New York Sen. Kirsten Gillibrand, former Texas Rep. Beto O’Rourke, New Jersey Sen. Cory Booker and Hawaii Rep. Tulsi Gabbard. Former Maryland Rep. John Delaney was also listed as having spent several million more than he raised, but the candidate has since said the numbers were misreported,” reports Fox News.
“It’s never a good sign,” Larry Sabato, director of University of Virginia’s Center for Politics, said. “I’m not going to write them all off, let’s see what happens in the second debate.”
“I would say that for O’Rourke, and several of the others really, a stellar debate performance is essential,” Sabato said. “No one could watch his campaign and say that Beto O’Rourke was doing really well. He’s not. They expected a lot more than this.”
The Trump campaign released their latest financial filings earlier this month; showing the president’s re-election camp took-in a stunning $105 million since announcing his run just weeks ago.
“The Trump campaign announced Tuesday that its re-election operation raised a whopping $105 million in the second quarter, a figure that blows past what the Democratic candidates have been pulling in,” reports Fox News.
“President Trump raised a large chunk of that — $24.8 million — in the 24 hours after his 2020 re-election campaign launch last month. The figures revealed Tuesday indicate fundraising has been steady throughout the quarter,” adds Fox.
“Our massive fundraising success is a testament to the overwhelming support for President Trump,” said Trump campaign manager Brad Parscale Tuesday. “No Democrat candidate can match this level of enthusiasm or President Trump’s outstanding record of results.”
“Our grassroots army is already hard at work—putting us in prime position to re-elect President Trump and Republicans across the country,” RNC Chairwoman Ronna McDaniel said after the filings.
President Trump took-in a whopping $25 million in the first 24 hours of his campaign; raising more cash in his first day than Joe Biden, Bernie Sanders, and Beto O’Rourke combined.
“Presidential Trump brought in nearly $25 million in the first 24 hours of his official reelection efforts, according to Republican National Committee Chairwoman Ronna McDaniel — more than the combined totals of five of his major Democratic rivals,” reports the Washington Examiner.
Read the full report at Fox News.