3rd quarter fundraising megathread

[Mr. Morden]

Here’s the AP on the funding gap between Bush and Rubio:

http://bigstory.ap.org/article/5493938f4ca740b985920f64d7979c60/can-rubios-lean-campaign-keep-bushs-behemoth

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[Likely Voter]

Rubio's Super PAC isn't really where the action is, he is relying on an even more secretive outside type of group.

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http://www.nytimes.com/2015/10/12/us/politics/nonprofit-masks-dark-money-ads-backing-marco-rubio.html?_r=0

I suspect that at some point Trump will try to make a point about how Rubio is being funded by this super secret fund.

[Mehmentum]

Bush has raised a lot of money.  Trump has deep pockets.  Carson and Cruz can rely on grassroots support to remain competitive.  Rubio and Fiorina are the ones to look out for.

[eric82oslo]

Bush has raised a lot of money.  Trump has deep pockets.  Carson and Cruz can rely on grassroots support to remain competitive.  Rubio and Fiorina are the ones to look out for.

Rubio is starting to get all the endorsements, so I don't think we should be worried about him. Don't forget Christie too, he's on the rise.

[Likely Voter]

Bush raised a ton of Super Pac money during the first six months of this year, but not a lot of actual campaign money. In Q2 he only had a couple of weeks so actually it was pretty good on a $/day basis, but it looks like he will raise the same amount in Q3 with 3 whole months, putting him well behind Carson and possibly behind Cruz. It is telling that it appears Bush is waiting until the last minute to release his fundraising (only 3 days until the legal deadline).

Remember that campaign cash is worth more than Super PAC cash. His Super PAC is currently paying around 4 times as much for TV airtime as his campaign is paying (because campaigns legally get the discount rate).

[Maxwell]

Fiorina raises $6.8 Million in the third quarter, far surpassing her previous total and beating Rubio and Paul, but not quite that impressive and way behind Carson and Cruz

[exopolitician]

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http://www.politico.com/story/2015/10/bernie-sanders-post-debate-campaign-haul-214789

[Mr. Morden]

Cruz has $13.5 million cash on hand:

https://www.washingtonpost.com/news/post-politics/wp/2015/10/15/ted-cruz-to-report-13-5-million-cash-on-hand-at-or-near-the-top-of-the-gop-field/

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[Mr. Morden]

Sounds like the Bush campaign is going to report a high burn rate, as it looks like they’re now having to cut back on expenses:

http://www.politico.com/story/2015/10/jeb-bush-2016-campaign-finances-214730

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[mencken]

Sounds like the Bush campaign is going to report a high burn rate, as it looks like they’re now having to cut back on expenses:

http://www.politico.com/story/2015/10/jeb-bush-2016-campaign-finances-214730

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Does anyone think Bush will have raised <$7 million? I am tempted to say yes, but on the other hand this quarter does include July when Bush had just entered the race and still seemed like a serious candidate.

[The Mikado]

Sounds like the Bush campaign is going to report a high burn rate, as it looks like they’re now having to cut back on expenses:

http://www.politico.com/story/2015/10/jeb-bush-2016-campaign-finances-214730

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Does anyone think Bush will have raised <$7 million? I am tempted to say yes, but on the other hand this quarter does include July when Bush had just entered the race and still seemed like a serious candidate.

We'll find out later today, but they've implied that the number is higher than 11 million.

[Senator Cris]

Chris Christie raised $4.2 million for his bid for the Republican presidential nomination in the last three months. The third-quarter filing is the first look at the New Jersey governor’s fundraising.

Mr. Christie, who ranks in the single-digits in polls, has spent $2.8 million and has $1.4 million in cash on hand, a burn rate of 67%, according to figures provided by his campaign.

http://blogs.wsj.com/washwire/2015/10/15/chris-christie-raised-4-2-million-last-quarter-spent-2-8-million/

[The Other Castro]

Bush raises $13.4 Million in 3rd Quarter.

http://www.cnn.com/2015/10/15/politics/jeb-bush-fundraising-2016-elections/index.html

[Likely Voter]

Bush raises $13.4 Million in 3rd Quarter.

http://www.cnn.com/2015/10/15/politics/jeb-bush-fundraising-2016-elections/index.html

That would put Bush in 2nd place (among GOP) for the quarter (about $1m ahead of Cruz but ~$7m behind Carson). However Bush appears to be 4th in terms of cash on hand with $10m, behind Carson, Cruz and Rubio. Bush started the quarter with $8.5m so the burn rate is high and only getting higher now that they are spending on advertising (even if he has switched from private jets to commercial).

[Mr. Morden]

Jindal raised $579,000 for the quarter, and spent $832,000.  Combined with the $ he raised last quarter, he now has $261,000 cash on hand:

http://thehill.com/blogs/ballot-box/presidential-races/257074-jindal-ends-third-quarter-with-cash-on-hand

[Mr. Morden]

Christie raised $4.2 million, spent $2.8 million, and has $1.4 million cash on hand:

http://blogs.wsj.com/washwire/2015/10/15/chris-christie-raised-4-2-million-last-quarter-spent-2-8-million/

Kasich raised $4.375 million, spent $1.71 million, and has $2.66 million cash on hand:

http://www.cleveland.com/open/index.ssf/2015/10/john_kasich_raises_nearly_44_m.html

[Maxwell]

That's a good number for Bush out of context - In context, however, it speaks volumes about how his campaign is slowing down significantly. Within 2 weeks he raised $11 Million in the 2nd quarter, through the whole third quarter he only raises $2.4 Million more, and is burning money at an alarming rate. I don't think he can continue to run the kind of frontrunner operation he wishes to run if things continue in the downward trend.

Also, interesting Christie is spending more than Kasich, it must be Kasich's SuperPAC's who are blowing millions in New Hampshire.

[Mr. Morden]

Bush raises $13.4 Million in 3rd Quarter.

http://www.cnn.com/2015/10/15/politics/jeb-bush-fundraising-2016-elections/index.html

That would put Bush in 2nd place (among GOP) for the quarter (about $1m ahead of Cruz but ~$7m behind Carson). However Bush appears to be 3rd in terms of cash on hand with $10m, behind Carson and Cruz (who has $13.5m). Bush started the quarter with $8.5m so the burn rate is high and only getting higher now that they are spending on advertising (even if he has switched from private jets to commercial).

Isn't Bush also behind Rubio in cash on hand?  ($11 million vs. $10 million):

https://uselectionatlas.org/FORUM/index.php?topic=219971.msg4752675#msg4752675

[Likely Voter]

Bush raises $13.4 Million in 3rd Quarter.

http://www.cnn.com/2015/10/15/politics/jeb-bush-fundraising-2016-elections/index.html

That would put Bush in 2nd place (among GOP) for the quarter (about $1m ahead of Cruz but ~$7m behind Carson). However Bush appears to be 3rd in terms of cash on hand with $10m, behind Carson and Cruz (who has $13.5m). Bush started the quarter with $8.5m so the burn rate is high and only getting higher now that they are spending on advertising (even if he has switched from private jets to commercial).

Isn't Bush also behind Rubio in cash on hand?  ($11 million vs. $10 million):

https://uselectionatlas.org/FORUM/index.php?topic=219971.msg4752675#msg4752675

I was actually fixing that as you typed this

[Likely Voter]

On the GOP side here are estimates so far

Candidate Raised COH
Carson   20.0   12.0
Bush   13.4   10.0
Cruz   12.0   13.5
Fiorina   6.8   5.5
Rubio   6.0   11.0
Christie   4.2   1.4
Paul   2.5   2.0
Jindal   0.6   0.3

still waiting for half the field.

[Mr. Morden]

Gilmore raised $106,000, though $43,000 was his own money.  He spent $71,000 ($40,000 was just to get on the ballot in SC), leaving him with $34,000 cash on hand:

http://www.politico.com/story/2015/10/jim-gilmore-fec-self-funds-2016-campaign-214853

[Likely Voter]

this Politico article sums up the fundraising numbers and appears to be being updated as more come in
http://www.politico.com/story/2015/10/fec-2016-campaign-finance-fundraising-candidates-214825

Bloomberg also has a nice table that is being updated
http://www.bloomberg.com/politics/graphics/2015-october-fec-filings/table/

[Maxwell]

That's a lot more than I thought it would be. I thought he would have to take out a loan on his house for the South Carolina primary deadline.

[Likely Voter]

The FEC has started posting the detailed reports
http://docquery.fec.gov/pres/2015/Q3/

So far just Carly, Jindal, Perry and Paul

[Likely Voter]

Kasich
raised $4.38 million
cash on hand $2.66 million
spent $1.7 million
(Campaign cited 72 days to raise money during quarter vs 92 days for most candidates)