Democratic hopefuls raised over $70 million during the first fundraising quarter of the 2020 election cycleless than they did the last time that the party had a large open primary.
By way of instance, Democratic candidates in the 2008 election raised about $81 million .
Democrats’ fundraising haul pales in comparison to the $30 million President Donald Trump increased during the first quarter.
The field of 2020 Democratic presidential candidates will be showing early indications of money problem as donors sit on the sidelines to see how the competition evolves, signaling a protracted primary struggle lies ahead.
As announced White House hopefuls report their very first quarter fundraising totals the effort comes into attention Monday. Early glimpses provided by nine of the over a dozen announced candidates show they’re raising less money compared to prior cycles.
Totals released by those campaigns reveal Democrats increased roughly $66 million. That’s significantly less than the $81 million Democrats the time the party had a huge open primary.
It pales in comparison to the $30 million President Donald Trump increased during the quarter.