Democratic presidential campaigns are spending major money right away — potentially courting danger, but hoping for a big return later
As Elizabeth Warren’s campaign developed its organizing strategy this winter, it spent big to bring on a whopping 161 staffers — nearly twice as many as her closest rival in the Democratic presidential primary.
“The risk is you build it and they don’t come,” said Steve Elmendorf, a Democratic strategist and presidential campaign veteran. He doubts all 18 Democratic campaigns will be around later this year. By signing up you agree to receive email newsletters or alerts from POLITICO. You can unsubscribe at any time.
The decisions come with tradeoffs: Harris was able to hold onto more of the $12 million she raised. Yet she’ll have to build out her staff after other campaigns have hired, in an exceedingly crowded field that will grow even larger. Warren’s spending — her outlays were more than 85 percent of the $6 million she raised after swearing off traditional fundraisers — means she’s relying on the safety net of the $10.4 million in reserves transferred from her Senate committee.
United States Latest News, United States Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Senator Warren lags 2020 Democratic hopefuls in fundraising haulU.S. Senator Elizabeth Warren's presidential campaign raised $6 million in ...
Read more »
Elizabeth Warren unveils a new plan to tax big corporationsDemocratic presidential candidate Elizabeth Warren is proposing a new tax on big corporations
Read more »
Elizabeth Warren says her 2020 campaign raised $6 million in the first quarter, behind major rivalsThe announcement comes amid reports that the progressive Massachusetts Democrat is struggling to raise money after shunning traditional sources of big dollar donations.
Read more »
Warren raises $6 million in first quarterElizabeth Warren raised $6 million in the first three months of the year, highlighting the difficulty ahead competing for money against more prolific fundraisers like Bernie Sanders and Beto O’Rourke
Read more »
Elizabeth Warren releases 2018 tax return, revealing $900,000 in incomeDemocratic presidential candidate Sen. Elizabeth Warren has released her tax return for 2018, reporting that she and her husband paid more than $200,000 in taxes on a joint income of about $900,000 last year.
Read more »
Sen. Elizabeth Warren releases 2018 tax return showing family income exceeding $900,000Sen. Bernie Sanders has said he will release returns by Monday, following other 2020 presidential candidates.
Read more »
Elizabeth Warren releases 2018 tax returns showing $900,000 income'I've put out 11 years of my tax returns because no one should ever have to guess who their elected officials are working for. Doing this should be law,' Warren said.
Read more »
Sen. Elizabeth Warren releases 2018 tax returnsCNN News, delivered. Select from our newsletters below and enter your email to subscribe.
Read more »