As billionaire presidential candidates Bloomberg and Steyer burn through money, some 2020 Democrats run low on cash.
Sen. Bernie Sanders, I-Vt., led the nonbillionaire Democratic White House hopefuls in raising $25.2 million and finishing the month with $16.8 million in the bank. Sen. Elizabeth Warren, D-Mass., took in about $11 million. Former Vice President Joe Biden, former South Bend, Indiana, Mayor Pete Buttigieg and Sen. Amy Klobuchar, D-Minn., followed with $8.9 million, $6.2 million and $5.5 million, respectively.
Some campaigns burned cash at a rapid pace in the month before the primary nominating contests started. The Buttigieg and Warren campaigns both spent at least twice what they raised — a cause for concern as the race moves toward March 3. On that day, the 14 Super Tuesday primaries will award more than a third of all pledged delegates.
A handful of candidates — particularly Sanders, Klobuchar, Warren and Buttigieg — have said they saw fundraising boosts following the Iowa caucuses and the New Hampshire primary or the two primary debates this month. Klobuchar and Warren apparently needed the cash injections: their campaigns had only $2.9 million and $2.3 million, respectively, in the bank at the end of January.
Sanders has consistently proven the strongest fundraiser among the Democratic White House hopefuls who do not have billions of their own dollars to spend on the race. He appears to hold the strongest position in the race for the nomination. The senator emerged from Iowa and New Hampshire about even with Buttigieg in the delegate count, and polls from Nevada and key Super Tuesday states California and Texas show him leading the field.
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