REPORT: Cory Booker Campaign Running Low On Cash – May Drop Out Soon

Cory Booker may not be in the race for 2020 for much longer.

His campaign is running extremely low on funds and is signalling that if they don’t raise a lot more money very soon, he could drop out.

NBC News reports:

Next one out? Booker memo warns he may not be in 2020 race ‘much longer’

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Sen. Cory Booker must raise nearly $2 million in the next 10 days or the presidential candidate has no “legitimate long-term path forward,” according to a memo to staff from the campaign manager obtained by NBC News.

The struggling candidate’s campaign manager, Addisu Demissie, warned that after weaker-than-expected fundraising in the early part of September, the campaign needs to rake in another $1.7 million before the last day of the financial quarter on Sept. 30.

“Without a fundraising surge to close out this quarter, we do not see a legitimate long-term path forward,” Demissie wrote in the Saturday memo to staff and supporters. “The next 10 days will determine whether Cory Booker can stay in this race.”

Booker was one of the first candidates to build a substantial operation in critical early states, and his ground game in Iowa has been praised by local activists, but the large headcount is expensive.

Booker addressed the issue on Twitter:

Looks like his campaign is on its last legs.

Oh well.

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