Clinton leads money hunt in presidential campaign
A snapshot of third-quarter fundraising by the 2016 presidential candidates.
Last quarter, Clinton brought in most of her money from lawyers, $3.1 million, while Bush drew about $845,000.
Between her 2000 Senate run and June 30, Clinton’s political campaigns have raised $3.6 million from six major banks, four of which were among her top five donors, according to the Washington-based Center for Responsive Politics. Othersfinanced their campaigns with vast pools of small donors – including retiredneurosurgeonBen Carson and Texas Sen.
Furthermore, GOP candidates across the board are trailing Democrats in terms of individual contributions. The drop is likely tied to his drop in the polls; once seemingly unbeatable, Bush now typically comes in fifth or sixth, well below political novices like Trump and Carson.
Both of the top candidates seeking the Democratic presidential nomination are trying to appeal to everyday Americans as they pledge to help the many struggling in a still faltering economy. Carson has relied heavily on expensive direct mail and telemarketing consultants to raise money, spending prohibitive sums in the first months of his campaign. Among her husband’s fees were $900,000 from Bank of America. The only problem, contributors aren’t listening. The campaign said the average contribution was $50. In all, he’s spent $1,909,576 on his own campaign. Cruz spent 57 percent of the $12.2 million he raised in the quarter, while Fiorina spent 33 percent of her $6.8-million tally. But Bush has also spent more than a lot of them, leaving him with about as much money in the bank as Marco Rubio.
Almost 250 volunteers have collected more than $23.3 million for Clinton, according to interviews and an analysis of her campaign forms.
No other Republican contender raised as much.
The geographic distribution of donors also tells the story of a Republican Party without a clear-cut fundraising victor. She’s a Clinton, for God’s sake. He raised $2 million in the previous fundraising period. The challenge now for the independent senator from Vermont is to convert all that money – he has $27 million to spend – into a winning campaign for president. Of the bundlers from 2012 who have signed on to a campaign so far, most have gravitated to Clinton, Bush and Rubio. The wife of Goldman Sachs CEO Lloyd Blankfein, Laura Blankfein, gave Clinton the maximum donation of $2,700 last quarter, as did the chairman and CEO of Och-Ziff Capital Management Group, and billionaire Democratic power player George Soros, Politico noted. Sanders’ no-frills approach to the race showed up in his spending report. He ended the campaign with $44,000 on hand – but no debt. He continues to show off his fundraising prowess, harvesting more than $2.5 million in new contributions in the hours that followed Tuesday night’s Democratic debate.
By the numbers, Kentucky Sen. Rand Paul raised all summer for his Republican presidential bid.
Christie’s campaign raised $4.2 million in recent months and had $1.4 million cash on hand at the end of September. “Lindsey] Graham”, Limbaugh notes.
Clinton had appeared at a fundraising rally in an auditorium at JPMorgan Chase, hosted by an executive vice president at the bank who was also a major bundler, the report said. Carson took in just over $8,000 from Wall Street. Here’s a look at the winners, the losers… and Donald Trump.
Regardless of how Bush’s super-pac is faring, his supporters still aren’t terribly impressed. “Ben, Ted, Bernie – they’re saying a few pretty out-there things”, he said. “I’m traveling, we’re advertising, I’m paying bills”. “We’re doing fine”, Christie recently said during a swing through New Hampshire. “We are on track to be in the best position possible come January and February”, senior campaign adviser Mike DuHaime added in a statement. Bush’s quarterly total came to $13.4 million, while Rubio’s amounted to $5.7 million.
Carly Fiorina, Republican Presidential Candidate, said, “I certainly support his recognition of reality”.
No other candidates came close to Clinton and Bush.
His campaign manager said in an interview on Thursday that the Republican National Committee had reached out to Carson’s campaign to find out exactly what they wanted from the format of the debate, and was working to accommodate his requests. Kasich spent 40% of the haul he raised since his July 21 campaign launch – far below the “burn rate” of Bush, the former Florida governor. Kasich’s campaign edged out one key rival: New Jersey’s Chris Christie. Both had the backing of super-PACs with millions of dollars still in the bank, but a drought of traditional campaign cash left them unable to fund the basic necessities of running for office, such as airline tickets and payroll. “A socialist raised $25 million in the same period a libertarian raised $2.5 million – a 10-1 surprise fundraising advantage”.