Fundraising is one of the essential aspects of any Presidential campaign. With the elections just under ten months, all eyes are on the Democratic nominees. Former Vice President Joe Biden racked up $22.7 million in the fourth quarter of 2019. This is approximately a 150% rise when compared to his third-quarter funding of $15.7 million. Joe Biden’s team must be delighted with the funds they have received in the last quarter. Although Biden didn’t disclose how much money they had in their bank heading into January 2020, he released a video saying, “We had a great quarter, and we’re going to expect another one next time.”
Coincidentally, the last quarter was the biggest quarter so far since the start of Biden’s Presidential campaign. As his team aims to regain the top spot of the Presidential nominees, this kind of fundraising is necessary. Biden has topped the national surveys consistently, and this fund will further help him in regaining top position in the first two nominating states of Iowa and New Hampshire. Biden is ranked third among the democratic nominees who have released the money raised in the last quarter of 2019. Senator Bernie Sanders tops the spot with $34.5 million, and Mayor Pete Buttigieg raised $24.7 million, slightly higher than Biden. However, the good news for Biden is he increased his fundraising from $9 million that is left over at the end of September to $22.7 million by the end of the year.
Digital donations have doubled from the third quarter for Biden’s campaign. Biden and Buttigieg have implemented a different approach to raise cash to that of Warren and Sanders. Biden and Buttigieg faced backslash for organizing fundraising events with wealthier donors. Biden’s campaign team also released names of more than 200 bundlers who helped to raise over $25,000 in funds.
Here’s the video message shared by Biden thanking the supporters:
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I'm excited to share that we raised $22.7 million this last quarter — our biggest quarter so far this campaign! Thank you to everyone who chipped in what you could — your support means the world to me. You truly are the heart of our campaign. pic.twitter.com/L53z9YbLsX— Joe Biden (@JoeBiden) January 2, 2020
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