Sanders and Warren hold big lead in the 2020 money race
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Bernie Sanders and Elizabeth Warren have stockpiled millions more than their rivals, including Joe Biden, the AP reports.
Why it matters: The campaign is entering a stretch where having cash on hand can allow candidates to scale up their operations and make a splash nationwide — especially because the first votes in Iowa and New Hampshire are now less than 4 months away.
By the numbers: Sanders had $33.7 million in cash on hand on his third-quarter fundraising report. Warren had $25.7 million; Pete Buttigieg came next at $23.3 million. Biden, next at just $8.9 million, has burned through money at a fast clip over the past three months, while posting an anemic fundraising haul.
- Biden's dwindling war chest "raises questions about his durability as a front-runner," notes the AP.