Bernie Sanders is feeling the cash shortage. His campaign has been burning through money so quickly that he had $5.8 million in the bank at the beginning of the month. Hillary Clinton, in contrast, had $30 million. It’s not because one was far more successful at fundraising than the other in April. In fact, Sanders even beat out Clinton, collecting $26.9 million versus Clinton’s $26.4 million, but the senator from Vermont spent much more heavily in April, $38.6 million versus $23.9 million. The amount Sanders raised in April was also a sharp decline from March, when he managed to collect $44.7 million from supporters.
Burning through cash is hardly new for the Sanders campaign. The senator has spent an average of $40 million per month since January, compared to Clinton’s $26 million. The former secretary of state, meanwhile, “stands in likely the strongest financial position of any candidate in either party as she faces the final days of her primary battle,” notes the Wall Street Journal.
On the Republican side, the amount Donald Trump raised in April looks like change in comparison to the Democrats. Trump managed to bring in $1.7 million in April, when he lent his campaign another $7.5 million. Trump has lent his campaign a total of $43.4 million.
