Out of money, Booker's 2020 campaign faces dire straits: 'We don't see a legitimate long-term path forward'

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Out of money, Booker's 2020 campaign faces dire straits: 'We don't see a legitimate long-term path forward'
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Out of money, Cory Booker's 2020 campaign faces dire straits: 'We don't see a legitimate long-term path forward'

Democratic Presidential Candidate Sen. Cory Booker speaks during a presidential forum hosted by the Congressional Hispanic Caucus Institute on September 10, 2019 in Washington, DC. His campaign acknowledged on Saturday the need for an influx of cash if it wants to remain afloat.Senator Cory Booker has acknowledged the dire financial straits facing his struggling presidential campaign.

The admission was prompted by a report from NBC News, which obtained an internal memo by campaign manager Addisu Demissie warning staffers of no"legitimate long-term path forward" without a swift cash infusion. Booker ended the second quarter of 2019 with around $5 million cash on hand, according to disclosures filed with the Federal Election Commission. The amount was comparable to Beto O'Rourke, whose campaign has a similarly sized coffer and who polls around the same level as Booker, ranging from 0 to 4 percent.

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