Sanders campaign reports raising $33M in fourth quarter, has $28M in bank against Clinton
Source: newser
Sanders, a self-described democratic socialist, has now collected $73 million for the primaries through a powerful online fundraising apparatus that should help him compete with Clinton deep into spring. His haul will allow him to spend money at a comparable rate with Clinton, who raised $37 million since the beginning of October and $112 million during 2015 for her primary campaign.
"This people-powered campaign is revolutionizing American politics," said Jeff Weaver, Sanders' campaign manager, in a statement. "What we are showing is that we can run a strong, national campaign without a super PAC and without depending on millionaires and billionaires for their support. We are making history, and we are proud of it."
Clinton is the Democratic front-runner in national polls, but Sanders remains within striking distance against her in Iowa, which holds its caucuses on Feb. 1. Sanders is hoping to surprise Clinton in Iowa and then use his New England ties to defeat her in the New Hampshire primary on Feb. 9, where polls have shown him with a slight advantage.
The campaign finance estimates indicate that Sanders should have the resources to mount an effective challenge: His campaign said it had $28.4 million in the bank at the end of 2015.
Read more: http://www.newser.com/article/61a454427376417e984c3bfcd781a69e/sanders-campaign-reports-raising-33m-in-fourth-quarter-has-28m-in-bank-against-clinton.html
onehandle
(51,122 posts)And the cash will fade for Senator Sanders come February, end in March.
Ellipsis
(9,124 posts)onehandle
(51,122 posts)My guess is 50-60 million this time.
They report after the candidate.
Ellipsis
(9,124 posts)Hillary Clinton's campaign announced Friday that it raised $55 million in the final fundraising period of 2015, and $112 million in primary-election funds for the year. Clinton brought in $37 million in money specifically for use in the primary during the fourth quarter of 2015.
Clinton also raised $3 million for the general election. Her annual total is the most for any non-incumbent in a non-election year and roughly equal to what President Obama raised as a sitting president ahead of the 2012 election, the campaign said.
The totals are further evidence of the Democratic front-runner's fund-raising muscle, despite public fretting from her campaign that the numbers might slip or that challenger Sen. Bernie Sanders might out-raise her.
The campaign had set a 2015 goal of $100 million for use during the primary period. The campaign exceeded that, leaving about $38 million in the bank.
https://www.washingtonpost.com/news/post-politics/wp/2016/01/01/hillary-clintons-campaign-raised-55-million-in-the-latest-fundraising-quarter/
roguevalley
(40,656 posts)they give
Ellipsis
(9,124 posts)I don't disagree with you.
Duval
(4,280 posts)roguevalley
(40,656 posts)azmom
(5,208 posts)of course she's got more money.
Helen Borg
(3,963 posts)Lotsa bribe money!
cali
(114,904 posts)azmom
(5,208 posts)#UnidosConBernie
Le Taz Hot
(22,271 posts)all in small donations. That is absolutely unprecedented! Wow! And, he's not burning through his funds like Hillary is.
MADem
(135,425 posts)I wouldn't call that amount "just short" of what Clinton raised. She raked in 55 million, 37 for herself and the balance to the downticket contests.
Is that his full amount? Or is there more not mentioned that's earmarked for DNC distribution?
virtualobserver
(8,760 posts)George II
(67,782 posts)....who will be on the ballot. That is the way it has worked for decades.
And if (doubtful) he gets elected he's going to expect those other Democratic candidates/Representatitves/Senators to support him?
He and his campaign and his supporters have a lot to learn how this works. Sadly he's operating in a vacuum or his own world.
intersectionality
(106 posts)they've actively not supported candidates in competitive districts. Particularly progressive candidates.
virtualobserver
(8,760 posts)If he is elected, they will forget their responsibility to the American people, and will not support him.
George II
(67,782 posts)....elected, and the funds are raised outside of the candidate's (Hillary Clinton) campaign committee.
Unfortunately we have many people here on DU who don't understand how this all works. But they sure will have denigrating comments about it.
That's why Sanders is mired in the mid-20s in the polls of most states.
virtualobserver
(8,760 posts)What you said is if he does not give them money, they will not support him if he is elected.
That would be ignoring their responsibility to the people.
George II
(67,782 posts)....every other Presidential candidates do that. What makes him so special and exalted that he can't help the organization whose resources he's using.
Says a lot about him.
virtualobserver
(8,760 posts)You said that Democrats would not support their elected President unless they got money. Raised or "given".
Ellipsis
(9,124 posts)He NEEDS iowa and NH to get him to the next phase... whatever that maybe.
Response to George II (Reply #44)
Ellipsis This message was self-deleted by its author.
Duckfan
(1,268 posts)I worked for a U.S. Senate candidate in Oregon in 1990. DNC turned him down for $$support. And he was an unknown. But had strong support from dem's and progressives.
George II
(67,782 posts)Many candidates who have large war chests and virtually uncontested elections contribute what they can to candidates around the country who are being out spent.
I still find it amazing that so many people in this discussion (not necessarily you) are so naive to the way campaigns are funded.
Laser102
(816 posts)neverforget
(9,436 posts)his entire time in Congress. Other than that, he has no respect for the Democratic Party.
Fantastic Anarchist
(7,309 posts)MADem
(135,425 posts)SoapBox
(18,791 posts)This is fantastic.
And we owe Omaha Steve a big kudos as well!
Go Bernie!
Go Berners!
azmom
(5,208 posts)Proserpina
(2,352 posts)oh, well. Guess there's time to do some housework, sudoku, and read Moby Dick while we wait.
Ellipsis
(9,124 posts)Plucketeer
(12,882 posts)Dame Hillary's got more ammo. And just like Bernie, hers comes strictly from the people - supreme court even said so!
Proserpina
(2,352 posts)So they did.
Rosa Luxemburg
(28,627 posts)George II
(67,782 posts)George II
(67,782 posts)hueymahl
(2,497 posts)"All about him." If there has ever been a candidate that is "all about me" that is HRC in a nutshell. Only one that exceeds her self absorbsion is Trump.
George II
(67,782 posts)And yet Sanders wants full access to the Democratic Party resources.
intersectionality
(106 posts)The party wouldn't be stuck in slow motion. They even prevented him from accessing his own data until it was pointed out they were in violation of their own contract. The abandonment of the 50 state solution is much more indicative of how they squander money versus "distributing" to dem candidates. When the 18 million goes further than the DNC's chosen ones let me know.
George II
(67,782 posts)intersectionality
(106 posts)Claim to knowledge you don't have.
hueymahl
(2,497 posts)It is my understanding she can't raise money directly - she just appears at events.
But that was not what I was calling horsrshit on - it was the insinuation that Hillary was doing anything other than looking out for herself while Bernie am was the selfish one. It is the exact opposite.
Duckfan
(1,268 posts)Larkspur
(12,804 posts)directly.
Some of them do attend our fundraising events, which helps if they give us enough lead time to purchase local ads advertising their attendance at our event. Some don't tell us until the day of the event that they are coming, so it's impossible to advertise to Democrats in the region.
George II
(67,782 posts)....the State Democratic Party, which then supports candidates locally and state-wide.
Connecticut is different, however, as far as candidates for State office (Representatives, Senators, and Constitutional officers) are concerned, because most of them now participate in CEP.
Larkspur
(12,804 posts)That's why the federal and state candidates can not directly donate to town committees. However, if they are members of their local DTC's, they can contribute as individuals. They can also setup state PAC's that can contribute to DTCs, but those PACs are separate from their campaigns and most don't want the scrutiny or risk having a bad or incompetent treasurer run that PAC.
TekGryphon
(430 posts)If I wanted to move America to the left, I know who I'd be supporting.
Larkspur
(12,804 posts)How many of those down ticket Democrats are Corporcrats?
Also, she can't raise money for them directly. All she can do is be a guest speaker at an event. If local and state parties and candidates don't invite Bernie to be a guest speaker at their event, don't blame Bernie.
Didn't Bernie attend Iowa's JJB dinner? If he did, then he raise money foe the state Iowa Democratic Party. If he attended any state party fundraising event, then Bernie did help raise money for that state's Democratic Party.
George II
(67,782 posts)...of raising money for the National and State Democratic committees. That committee raised $18M in the 4th quarter over and above attending state fundraising events.
(btw, you made the same mistake I do frequently - our dinner is the only one called "JJB" (B being for Bailey), I get corrected all the time for that!)
virtualobserver
(8,760 posts)George II
(67,782 posts)....it's a fund to help OTHER Democrats to be victorious. It was set up specifically to support other Democratic candidates.
Of course, just from the discussions here, nothing she does is good even if it is good, and nothing Sanders does is bad even if it is bad.
Larkspur
(12,804 posts)raising funds for Clintonista candidates is how she thinks she's doing the Dem Party a favor.
I'm still not fan of the Clintons.
Thinkingabout
(30,058 posts)Hillary knows the importance in having the supporting team.
Punkingal
(9,522 posts)Thinkingabout
(30,058 posts)She understands the value of working with members of Congress to get her agenda accomplished.
BTW, getting some new regulations into place such as beefing up Dodd Frank and invoking the Volcker rule so if the banks start faltering will break them up.
Amimnoch
(4,558 posts)he might actually be worth supporting.
Unfortunately St. Bernard isn't running for King of America, or Despot of America. We still have a Representative Republic, and all his promises are worthless without a Senate or house to make them happen. Also unfortunate for him, there is no version of the 115th congress that will possibly make the promises he's making a reality..
Therefore he's either lying to his supporters with false promises, or a fool.
Thinkingabout
(30,058 posts)Democratic ideas to become reality, good reason why Hillary is fund raising to give to the DNC to get more Democrats elected.
madokie
(51,076 posts)I don't want any of what Hillary is selling, sorry
Thinkingabout
(30,058 posts)George II
(67,782 posts)"While Clinton has coordinated with the National Democratic Committee to raise an additional $18 million, Sanders has not replicated those efforts, despite an arrangement with the national party that allows him to do so."
Laser102
(816 posts)Duval
(4,280 posts)GO BERNIE GO!
daybranch
(1,309 posts)Now is time to make yard signs for Bernie by volunteers. Lets get the message out, Bernie cannot be bought! This is grass roots- make our own signs and let him spend money on ads. We are for democracy- hear us now!