New financial disclosure forms show that all but five 2020 Democrats are rapidly running out of money
all of whom have struggled to break free from the pack. Even those not in the red are feeling the pinch.had a breakout performance in the first round of Democratic debates last month, but is nevertheless spending more than 80 percent of the money he’s taking in, leaving his campaign in dire straits. “Some of these candidates need a miracle,”Politico
. “It’s like if you’re a baseball team and you’re 15 games behind in mid-July, the odds are that you’re not making it to the playoffs.” The “playoffs,” in this case, would be the first contests of the Democratic primary in Iowa, New Hampshire, and South Carolina, which are still half a year away. On one hand, that means struggling candidates still have time to right the ship. On the other, they’ll have to maintain campaigns that are already short on resources, a problem that’s likely to worsen as frontrunners become entrenched.
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