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Photo: Nathan Congleton/NBC/NBCU Photo Bank via Getty Images

Mike Bloomberg's campaign is sounding the alarm that Bernie Sanders will soon amass an unsurmountable delegate lead if the Democratic field stays split — and took the extraordinary step of suggesting laggards should drop out.

What they're saying: Kevin Sheekey, Bloomberg's top strategist, said: "The fact is if the state of this race remains status quo — with Biden, Pete and Amy in the race on Super Tuesday — Bernie is likely to open up a delegate lead that seems nearly impossible to overcome."

  • "I don’t think many people understand the dire circumstances here."

Why it matters: Based on every national poll, plus steady access to money, Sanders is the indisputable — if underappreciated — frontrunner.

The Bloomberg campaign got high-profile validation of its theory:

  • David Plouffe, Barack Obama's 2008 campaign manager, tweeted in response to Nate Silver's delegate projections through Super Tuesday — which show Sanders with 41%, followed by Bloomberg and Joe Biden with 18% each.
  • "If this happens, Sanders would have a pledged delegate lead he’ll never relinquish."

In a "State of the Race" memo to Bloomberg gurus Sheekey and Howard Wolfson, senior adviser Mitch Stewart and states director Dan Kanninen argue:

  • "If Biden, Buttigieg, and Klobuchar remain in the race despite having no path to appreciably collecting delegates on Super Tuesday (and beyond), they will propel Sanders to a seemingly insurmountable delegate lead by siphoning votes away from [Bloomberg]."

Read the memo.

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Go deeper

New Jan. 6 body camera footage shows Trump supporters attacking officer

New body camera footage obtained by CNN shows the moment a DC police officer was brutally attacked by Trump supporters during the Capitol Hill insurrection.

Driving the news: The release of video comes a day after Republican members of Congress sought to downplay the Jan. 6 events, with some lawmakers calling the rioters "peaceful patriots" and comparing them to tourists.

Mike Allen, author of AM
2 hours ago - Politics & Policy

Liz Cheney's plan to take on Trump

Cheney speaking to reporters after being removed as GOP conference chair yesterday. Photo: Kevin Dietsch/Getty Images

Rep. Liz Cheney (R-Wyo.) plans to make her purge the beginning of a new movement, with campaign travel, fundraising and speeches to challenge Donald Trump for ideological dominance of the GOP.

Driving the news: Sources in Cheney's camp tell me her message will be the importance of the truth, the need to move past Trump, and a push to articulate conservative policy and substance to combat Democrats.

Exclusive: Stephen and Ayesha Curry join One Million Black Women initiative

Stephen Curry and Ayesha Curry. Photo by Steve Jennings/Getty Images

Stephen and Ayesha Curry are joining the advisory council for Goldman Sachs' One Million Black Women initiative, Axios is first to report.

Why it matters: The initiative has committed to invest more than $10 billion in Black women over the next 10 years. It comes as banks and large companies are increasingly putting money behind rhetoric about advancing racial equity.