6 things we've learned from the 2020 presidential candidates' fundraising reports.
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Sen. Bernie Sanders is greeted by audience members before a Fox News town-hall style event on Monday in Bethlehem, Pennsylvania.Get breaking news alerts and special reports. The news and stories that matter, delivered weekday mornings.WASHINGTON — Now that we can look under the hood of the 2020 candidates’ first quarter FEC fundraising reports, we’re getting a better picture of how candidates are shaping their strategies — and what their limitations are.
He’s also spending very little so far, with a burn rate of under 10 percent and just about $200k spent on payroll and consulting. That means that he’s got plenty left in the bank to compete on a Tier One/Tier Two level, but will have to start growing out his organization to compete on the ground.Yes, it’s a crowded field, and it’s hard to catch fire. But Castro, at a $1.
What’s more, Trump’s latest paperwork shows that — for all the talk of how Democrats are playing the small-dollar fundraising game — he’s still pulling in a lot of those under-$200 donations himself. By our math, small donations made up about 54 percent of the Trump campaign’s haul. That pales in comparison to a Sanders or a Warren, but it’s competitive or better than most of the other top-tier 2020 Democrats.
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