Elizabeth Warren has been slipping in the polls for weeks.
Now her dwindling support is starting to show in her campaign’s bottom line.
She is having trouble raising cash. This is not a good sign for her.
CNBC reports:
Elizabeth Warren’s campaign sounds the alarm as fundraising pace slows about 30% in fourth quarter
Sen. Elizabeth Warren’s campaign told supporters in an email on Friday that, so far, it has raised just over $17 million in the fourth quarter, a significant drop from her fundraising haul during the third quarter.
The memo asks backers to step up giving to the campaign.
“So far this quarter, we’ve raised a little over $17 million. That’s a good chunk behind where we were at this time last quarter,” it says.
Warren finished the third quarter bringing in $24.6 million, which was much more than most of the other Democratic primary contenders, including former Vice President Joe Biden and South Bend Mayor Pete Buttigieg. Sen. Bernie Sanders – who, like Warren, shuns big-money fundraisers – led the field with more than $25 million during the third quarter.
If the $17 million total stands that would represent a 30% drop from the previous quarter. The current quarter ends in four days.
The development comes after Warren’s momentum in the Democratic primary race slowed down in recent months.
People are taking notice:
Warren campaign says they’ve raised only $17 million in Q4 with days to go — far less than $24.6 million in Q3.
It’s not just the number that’s notable but talking process/specifics, which campaign has sought hard to avoid —> pic.twitter.com/XONt5mUArO
— Shane Goldmacher (@ShaneGoldmacher) December 27, 2019
🚨🚨🚨🚨🚨🚨🚨🚨🚨
Her campaign is toast https://t.co/5wK3Qma7J4
— Comfortably Smug (@ComfortablySmug) December 27, 2019
Looks like Warren will only be able to pay 1/1024th of her staff smh https://t.co/WFgCAaQIeZ
— Siraj Hashmi (@SirajAHashmi) December 27, 2019
One other note: The new “goal” of $20 million is 20% less than her Q3 number pic.twitter.com/csv69ot4p1
— Shane Goldmacher (@ShaneGoldmacher) December 27, 2019
Just a few months ago, people were predicting she would be the new Democrat front-runner.
It looks like those days are over, for now.
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