Sunday, October 04, 2015

Bernie Sanders’s $26 million cash haul is a major problem for Hillary Clinton

By Chris Cillizza October 1, WashPost

Democratic presidential candidate Hillary Rodham Clinton technically beat Bernie Sanders by $2 million in the chase for campaign cash over the past three months. But that isn't the story — not even close.

Clinton held 58 fundraising events to raise her total; Sanders held seven. As of the end of September, Sanders had brought in 1.3 million total donations from 650,000 individuals since he began running. Clinton's campaign did not release how many total donors she has. And Sanders ended September with $25 million in the bank; Clinton did not release how much money her campaign had on hand.

Read between the lines, and you get this: Sanders is drawing huge amounts of small-dollar donations via the Web. That means two important things: (1) Sanders has been able to concentrate on meeting and greeting potential voters rather than spending his time courting donors, and (2) He has been able to conserve money because he isn't spending cash on lavish events for donors.
Sanders fundraising is remarkable. The # to keep an eye on now is cash on hand. Very possible he has more than HRC. https://t.co/4UxdsLmMda — David Axelrod (@davidaxelrod) October 1, 2015
(More here.)

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