Politics

2020 Warren campaign pleads for cash amid large fourth-quarter funding shortfall

The 2020 presidential campaign of Democratic Sen. Elizabeth Warren sent out an urgent fundraising email to supporters this week after failing to reach third-quarter goals.

The campaign raised $17 million in the fourth quarter, but that was only a fraction of what she raised in the previous quarter, according to officials.



In the email, the campaign asked supporters to consider donating “$2 or whatever you can” to help close the fundraising gap, Fox Business Network reported.

“So far this quarter, we’ve raised a little over $17 million,” the email, first reported by CNBC, said. “That’s a good chunk behind where we were at this time last quarter.”

In the third quarter, the Massachusetts senator’s campaign raised 24.6 million mostly from small donors, which was the second highest amount among a large, but decreasing, field of Democrats.

That figure trailed only Sen. Bernie Sanders who received some $25.3 million from donors.




Both candidates have criticized big-dollar donors and as such have refused to accept money from them, unlike former Vice President Joe Biden and South Bend, Ind. Mayor Pete Buttigieg.

If Warren’s fourth-quarter total remains at $17 million, it will mark a 31 percent drop from the previous quarter. The quarter ends in four days, FBN reported.

Warren’s campaign has flagged in recent weeks. Though she was running a tight race against frontrunner Biden through most of the fall, her campaign has faltered somewhat after she introduced a sweeping $20 trillion proposal to eliminate private insurance in place of a government-run scheme known as “Medicare-for-All.”

Warren has said that new taxes on the super-rich and corporations would pay for the scheme, but a number of healthcare and government policy analysts have refuted her.

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