Sanders’ Massive January Fundraising

Sanders' Massive January Fundraising

(NewsReady.com) – The presidential campaign of Sen. Bernie Sanders (D-VT) has broken a new donation record by matching the entirety of what he raised during the third quarter (Q3) of 2019 within a single month.

But, with big fundraising comes big spending. The Sanders Campaign allocated $50 million during the fourth quarter (Q4) of last year. Still, his wide network of grassroots supporters could carry him through the rest of 2020, even with the spending required to sway voters across the nation.

A sizable chunk of this new influx of money is being spent on expensive television ads:

The increased cost of TV ads is due, in part, to Michael Bloomberg’s strategy of ramping up the price of them in key campaign states. However, the Sanders Campaign and its anti-billionaire message may only be strengthened by the former mayor of NYC’s actions. How exactly this situation plays out over the next few months remains to be seen.

Until then, we could see Sanders break another fundraising record during February as the 2020 presidential election heats up.

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