Julian Castro raised $3.5 million in third quarter, but his cash on hand dipped to less than $700K

[TexasTowelie]

by Alex Samuels, Texas Tribune


Democratic presidential candidate Julián Castro raised $3.5 million in the third quarter of this year, according to his filing with the Federal Election Commission.

The haul is a significant bump from the $2.8 million the Democratic underdog and former San Antonio mayor raised in the second fundraising quarter. Still, his total is paltry compared with that of some Democratic rivals; U.S. Sen. Bernie Sanders raised $25.3 million in the third quarter, with U.S. Sen. Elizabeth Warren not far behind. Former Vice President Joe Biden, meanwhile, raised $15.2 million.

Castro spent $3.9 million in the third quarter, meaning his cash on hand has shrunk from $1.1 million at the end of the second quarter to $672,333 at the end of the third.

Instead of blasting out its numbers to email subscribers, Castro’s campaign, along with those of a few other Democrats, quietly submitted his report just an hour or so before the midnight Oct. 15 deadline — immediately after the fourth Democratic debate in Ohio. According to Castro’s online filing, he spent nearly $4 million in the latest quarter.

Read more: https://www.texastribune.org/2019/10/15/julian-castro-raised-35-million-third-quarter/

[Amishman]

1. He'll likely be the next to drop

Too unknown, too bland, and has a policy platform that manages to be both progressive and generic at the same time. He's broke and lacks momentum.