Joe Biden is sounding the alarm to his donors.
The former vice president sent a fundraising email to supporters, titled, “Low on Resources,” on Friday, saying that “resources are running low, and I’m worried we might not make it.”
A staffer named “Zach Moneypenny” — yes, really — was the bearer of the bad news.
Vanity fair reports Biden is having major money woes:
While Vice President Joe Biden may still be the front-runner in the 2020 polls, he’s falling woefully behind when it comes to campaign cash. New campaign finance filings released Tuesday reveal that while the 2020 candidate took in $15.7 million in the third quarter, Biden’s campaign only has $8.9 million on hand going into the fourth quarter. And with the Iowa caucuses rapidly approaching in February, his donors are reportedly starting to get nervous about Uncle Joe making it to the finish line.
Biden’s third quarter cash haul falls far behind his fellow top-tier 2020 candidates. Senator Bernie Sanders took in $25.3 million and has $33.7 million cash on hand, while Sen. Elizabeth Warren, Biden’s closest rival in the polls, took in $24.7 million and has $25.7 million on hand. Though slightly further down in the polls, Mayor Pete Buttigieg was one of the top third-quarter fundraisers with $19.2 million and $23.4 million on hand. Even Sen. Kamala Harris, who only took in $11.8 million in the quarter, outranks Biden in cash on hand with $10.5 million. (The Democratic candidates’ totals are all outmatched by President Donald Trump, who raised $85 million in the third quarter, and, combined with the Republican National Committee and various pro-Trump committees, has $158 million on hand.) The former vice president’s comparatively low contribution numbers are particularly notable considering the candidate has relied on traditional fundraising methods of big-money fundraisers and donors to fuel his campaign, while campaign cash victors Sanders and Warren have eschewed wealthy donors in favor of small dollar, grassroots donations. Indeed, 64% of all contributions to Biden have been large donations and only 35% have given $200 or less, as compared with at least 53% of Warren’s donors having contributed $200 or less.
“The fundamental question about fundraising is: Do you have what you need to run your race? And we do,” deputy campaign manager Kate Bedingfield, told the Washington Post.
So Biden really will make it?
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