DeSantis Burns Cash, and Pence Struggles: 5 Takeaways From 2024 Filings

July 16, 2023
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As a fuller financial picture of the 2024 presidential race emerged with Saturday’s campaign filing deadline, trouble appeared to lurk below the surface for Gov. Ron DeSantis of Florida.

Despite a strong overall fund-raising total of $20 million, Mr. DeSantis is spending hand over fist, and his dependence on large donors suggests a lack of grass-roots support. Former President Donald J. Trump’s campaign recorded $17.7 million in fund-raising, nearly all of which was transferred from another committee that will not report its donors until later this month.

In the meantime, President Biden, his joint fund-raising committee and the Democratic National Committee raised almost as much money as all of the Republican candidates for president combined.

Some of the more modest Republican earners — such as Nikki Haley, the former South Carolina governor and United Nations ambassador — appear to have solid support and lean campaign operations built for the long haul. About a third of the $1.6 million haul by former Gov. Chris Christie of New Jersey came from smaller donors, which is high for Republicans and could speak to relatively broad appeal.

Source: The New York Times