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Leave it to Democrats, as usual, the 2020 Dems are spending money faster than they can raise it.

Written by on July 19, 2019

In the last fundraising quarter, nearly half of the Democratic presidential candidates are burning through cash reserves faster than donors are giving.

According to Federal Election Commission records the biggest spenders are New York Sen. Kirsten Gillibrand, former Texas Rep. Beto O’Rourke, New Jersey Sen. Cory Booker and Hawaii Rep. Tulsi Gabbard. Former Maryland Rep. John Delaney was also listed as having spent several million more than he raised.

Highest burn rates, second quarter

Kirsten Gillibrand:

Raised $2.3 million. Spent $4.2 million

Beto O’Rourke:

Raised $3.6 million. Spent $5.3 million

Cory Booker:

Raised $4.5 million. Spent $5.3 million

Tulsi Gabbard:

Raised $1.6 million. Spent $1.9 million

While all the candidates still maintain substantial amounts of cash on hand, running a deficit this early into their campaigns is not a very great sign of success.

Though honestly as much as we may think money isn’t the most important aspect of a presidential campaign, it’s certainly an essential component.

Although the Republican National Committee and the president have raked in donations – Trump alone to the tune of $56 million – many Democrats claim that the general election is far from a foregone conclusion.

Money sometimes does not decide the election, a LOT of it has to do with the character of the candidates and their likeability.

What will happen in the 2020 season is up in the air.. personally my opinion is Trump will win… what do you think?

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