Joe Biden Announces $22.7 Million in Fourth Quarter Fund-Raising – The New York Times

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For the fourth quarter, Mr. Biden’s campaign had publicly set a goal of receiving 500,000 individual donations. The campaign said on Thursday that it had met that goal, though it did not specify how many donations it had received.

Mr. Biden’s grass-roots strength still lags far behind some of his rivals, such as Mr. Sanders, whose campaign said it received more than 1.8 million donations in the quarter. Mr. Sanders received far more donations in December alone — more than 900,000 — than Mr. Biden had set as a goal for the three-month period.

Unlike Mr. Sanders and Ms. Warren, Mr. Biden is relying on the traditional fund-raising circuit to raise money for his campaign, in addition to what he collects from grass-roots donors. Last week, Mr. Biden released a list of more than 200 people, known as bundlers, who had raised at least $25,000 for his campaign.

Ms. Warren, asked on Thursday about her own fourth-quarter donations, said that her fund-raising total would be released “soon” and, without naming them, made an implicit jab at Mr. Biden and Mr. Buttigieg for relying in part on big-dollar events and bundlers to bring in money from wealthy donors.

“I didn’t spend one single minute selling access to my time to millionaires and billionaires,” she said to reporters after a campaign event in Concord, N.H. “I did this grass-roots all across the country.”

The Biden campaign had already boasted of its fund-raising rebound, announcing in early December that it had raised as much money in the first two months of the fourth quarter as it had during the entire previous quarter.

Source Article from https://www.nytimes.com/2020/01/02/us/politics/joe-biden-fundraising.html

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