Why are so many Democrats still running for president? They need the cash.
pointing out how Elizabeth Warren has transferred some of her Senate campaign funds into the war chest for her presidential run.
But voters should be keeping a close eye on the money the presidential candidates raise that will eventually switch over to campaigns for something other than the presidency. This creates the lure of having a national spotlight, however fleeting, as a presidential candidate and the corresponding access to more and richer donors on a national scale.
The evidence is strong that this has been a central strategy for most of the Democrats running, or had been running for president this year. Former Colorado Gov. John Hickenlooper is out of the presidential running, but his candidacy helped boost his stature and his war chest for his new run for the U.S. Senate. Washington Gov. Jay Inslee is also out of the White House race, and now he also has more cash and more exposure ahead of his plans to run for reelection.
Running for statewide office in a giant state like Texas is an expensive proposition; one that forces potential candidates to face fundraising challenges similar to a presidential run. So why not raise those funds as a presidential candidate and keep a more logical connection to donors nationwide? This strategy might also explain why Sen. Kamala Harris will remain in the race for some time. Even as an incumbent Democrat in a solid blue state like California, the size and cost of any statewide campaign in the Golden State is daunting. Harris now has much more money to spend on a likely reelection bid in 2022, especially if she continues to hold off on some spending in her presidential primary run.
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