President Trump has more cash on hand than any single Democratic primary candidate, a product of his unorthodox campaign that started amassing money his first day in the White House, a move no other president in U.S. history has done.
While President Trump is gearing up for the general election
, there are still 25 primary Democratic candidates that are fighting and spending to make it to the general election. Bernie Sanders has the most cash on hand, followed closely by Pete Buttigieg, who had a breakout performance at the first debate and tripled his fundraising
quarter-over-quarter. Former Vice President Joe Biden has a moderate $10 million in cash. Mayor Pete, who is the chief executive of a medium-sized city, has over double the cash on hand that the former vice president has.
The amount of cash on hand includes money from fundraising, and any funds from any previous presidential, senate, or congressional campaigns. The cash on hand metric provides insights into how much wiggle room campaigns have to grow their staff, expand their operations, and develop their advertising strategy
. Candidates need to do all three to gain traction in early primary and caucus states.
Many of the middling and cash-strapped candidates will be in danger of running out of funds, or not meeting the DNC’s stringent fundraising threshold to make the September debate stage. The fundraising requirement involves getting 130,000 donors, 400 of whom need to be from at least 20 states.