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Joe Biden’s high-dollar donor strategy wasn’t the best fundraising return on investment over the summer, but it’s the only option he’s got, Democratic strategists said.
Biden raised $15.2 million during 2019’s third financial quarter, well short of Bernie Sanders’ $25.3 million, Elizabeth Warren’s $24.6 million, and Pete Buttigieg’s $19.1 million from July through September. Warren’s haul, up from $19.1 million in quarter two, despite summer being a harder time to bring in money, projects momentum heading into fall as she catches up with the former vice president, the Democratic primary’s front-runner, in the polls.
The article goes on to state the following:
Sanders and Warren, the senators from Vermont and Massachusetts respectively, have shunned private fundraisers in favor of small-dollar donations, drummed up with the help of their powerful email databases. Warren shares videos on social media of her thank you calls to contributors.
The report notes that, unlike his rivals, Biden has persevered with the traditional fundraising model, holding fundraisers at ritzy locations and relying on high-dollar donors.
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Joe Biden raised $15.2 million during 2019’s third financial quarter.
That’s well short of Bernie Sanders’ $25.3 million.
Elizabeth Warren raked in $24.6 million.https://t.co/Q15lH8muTy
— Washington Examiner (@dcexaminer) October 9, 2019
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