Bernie Sanders Brings in Massive $34.5 Million Fundraising Haul

Published on January 3, 2020

Vermont senator and Democratic presidential candidate Bernie Sanders announced Thursday morning his campaign raised a whopping $34.5 million in the final three months of 2019. This number blows past the $25 million he raised in the previous quarter. The Sanders campaign has every reason to be confident heading into the election year.

“He is proving each and every day that working-class Americans are ready and willing to fully fund a campaign that stands up for them and takes on the biggest corporations and the wealthy,” said Sanders’s campaign manager Faiz Shakir. “You build a grassroots movement to beat Donald Trump and create a political revolution one $18 donation at a time, and that’s exactly why Bernie is going to win.”

According to the campaign, Sanders received donations from 40,000 new contributors on the last day of 2019. This signals the campaign’s continuously growing base of support despite earlier concerns about the candidate’s health. In December alone, the campaign said it raised more than $18 million from approximately 900,000 individual contributions. 

The Sanders campaign leads the money race as former Vice President Joe Biden reportedly brought in $22.7 million. Meanwhile, South Bend, Ind. Mayor Pete Buttigieg announced a $24.7 million haul in the same fundraising quarter. Massachusetts Senator Elizabeth Warren announced Friday morning her campaign raised $21.2 million, a 30% dip from her previous quarter totals. This decrease comes alongside a significant drop in the polls for the Warren campaign.

At the same time, however, the Trump campaign says it raised $46 million in the fourth quarter. Additionally, the campaign says it already has $102 million cash on hand. This announcement comes as the Trump administration braces for an impeachment battle after the House voted to impeach the President. 

Related: Could Our President Be Legally ‘Impeached?’ Here’s the Law.

Although Sanders experienced the largest surge, multiple Democratic contenders experienced significant increases from the previous quarter’s fundraising. A month until the Iowa caucuses, it is clear voters are becoming increasingly engaged in this election season. What is not clear, however, is which candidate will end up earning the Democratic nomination.

Andrew Albor is a Columnist at Grit Daily News and is based in New York. He is a third year undergraduate student at Columbia University, studying Political Science and East Asian Studies. He concentrates in American politics, political theory, international relations, and Japanese studies.

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