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Bernie Sanders campaign chest falls below $6 million cash amid high spending
Bernie Sanders' campaign had less than $6 million at the start of May, a critical cash shortage as he makes an admittedly tough final play to wrest the Democratic presidential nomination from Hillary Clinton.
Sanders' rival had five times as much money, according to new Federal Election Commission filings, beginning the month with $30 million in the bank.
The two were on roughly equal fundraising footing last month, with Clinton and Sanders each raising more than $25 million. But the Vermont senator spent almost $39 million to Clinton's $24 million, the reports showed.
This year, Sanders has averaged more than $40 million in spending per month, underlining how quickly he could blow through the cash he had on hand at the beginning of May.
Sanders' rival had five times as much money, according to new Federal Election Commission filings, beginning the month with $30 million in the bank.
The two were on roughly equal fundraising footing last month, with Clinton and Sanders each raising more than $25 million. But the Vermont senator spent almost $39 million to Clinton's $24 million, the reports showed.
This year, Sanders has averaged more than $40 million in spending per month, underlining how quickly he could blow through the cash he had on hand at the beginning of May.
Read more: http://www.nydailynews.com/news/national/bernie-sanders-campaign-chest-falls-6-million-article-1.2644707
Clinton campaign has five times more cash on hand than Sanders
Bernie Sanders is facing a potentially critical cash shortage as his battle with Hillary Clinton for the Democratic nomination enters its final phase.
The Sanders campaign had less than $6m (£4.1m) in its war chest at the start of May, according to new Federal Election Commission filings, compared to $30m in the Clinton coffers.
The rivals’ fundraising was on roughly equal footing last month, with each raising more than $25m. But the Vermont senator spent almost $39m to Clinton’s $24m, the reports showed.
This year, Sanders’ average monthly spend was more than $40m, underlining how quickly he could blow through the cash he had on hand at the beginning of May.
The Sanders campaign had less than $6m (£4.1m) in its war chest at the start of May, according to new Federal Election Commission filings, compared to $30m in the Clinton coffers.
The rivals’ fundraising was on roughly equal footing last month, with each raising more than $25m. But the Vermont senator spent almost $39m to Clinton’s $24m, the reports showed.
This year, Sanders’ average monthly spend was more than $40m, underlining how quickly he could blow through the cash he had on hand at the beginning of May.
http://www.theguardian.com/us-news/2016/may/21/clinton-campaign-has-five-times-more-cash-on-hand-than-sanders
Not sure why this was locked in LBN. It's an AP report that's less than 12 hours old.
Oh, well. I'll post it here.
Sid
20 replies
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