Biden Raises Middling $15.2M in 3rd Quarter for 2020 Bid - NECN

Biden Raises Middling $15.2M in 3rd Quarter for 2020 Bid

Biden has raised $36.7 million since entering the race in April.

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    Biden Raises Middling $15.2M in 3rd Quarter for 2020 Bid
    Heidi Gutman/Walt Disney Television via Getty Images
    Democratic presidential hopefuls Bernie Sanders, Joe Biden and Elizabeth Warren take part in the third primary debate for the 2020 election at Texas Southern University in Houston, Texas, on Sept. 12, 2019.

    Joe Biden raised $15.2 million for his presidential campaign over the last three months.

    The sum places him well ahead of many lower-tier candidates in the Democratic primary. But it’s a middling amount for one of the top-polling candidates in the Democratic primary and lags behind what Bernie Sanders raised by more than $10 million.

    Biden’s campaign announced his haul Thursday after the former vice president unexpectedly announced it during a fundraiser in Palo Alto, California. He has raised $36.7 million since entering the race in April.

    Pete Buttigieg, the mayor of South Bend, Indiana, also bested Biden during the third fundraising quarter, announcing this week that he raised $19.1 million. California Sen. Kamala Harris raised $11.6 million. Elizabeth Warren is the only top-tier contender who has not yet announced her fundraising figures.

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    With Iowa's caucuses looming in February, a sense of urgency is growing among the candidates as the primary contest turns into a fierce battle for a limited pool of cash.

    President Donald Trump and the Republican National Committee, meanwhile, have a huge cash advantage. They announced Tuesday that they collectively raised $125 million for Trump’s reelection.

    That has heightened Democratic anxiety that a protracted primary could hurt the party’s chances of quickly picking a nominee and rallying the cash needed to fight Trump.