Saturday, October 17, 2015

The haves #1: Sanders and Clinton raise money in different ways

Julie Bykowicz writing for the Associated Press (reprinted in this morning's Daily Star) reports on the cash raised by presidential contenders.

Clinton's campaign raised $29 million in the three months ending Sept. 30. That's less than what she raised in the early months of her campaign, but more than any previous non-incumbent Democratic presidential primary contestant in the third quarter of the year before Election Day.

Most of the money came in through dozens of traditional fundraising events, where the price of entry was often the legal maximum donation of $2,700.

Sanders brought in about $26 million, largely through small contributions collected online. People giving $200 or less accounted for a staggering three-quarters of his money. 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.

"We are doing it the old-fashioned way: 650,000 individual contributions," Sanders said in his closing statement of that appearance, adding: "We are averaging 30 bucks apiece. We would appreciate your help."

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