Julián Castro says he’ll drop out of the race if he doesn’t raise $800,000 by end of October

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Presidential candidate Julián Castro warned supporters that he will drop out of the Democratic primary if his campaign doesn’t raise $800,000 in the next 10 days.

In a fundraising email sent to supporters on Monday, Castro said: “If I can’t raise $800,000 in the next 10 days — I will have no choice but to end my race for President. If I can’t make the next debate stage, we cannot sustain a campaign that can make it to Iowa in February.”

New Jersey Sen. Cory Booker made a similar threat in September, saying that without an additional $1.7 million he would not be able to compete to win the Democratic presidential nomination. His campaign raised $2 million in the 10-day period.

In the email, Castro wrote the threat is “not a fundraising gimmick.” Campaign manager Maya Rupert said: “Our campaign is facing its biggest challenge yet. Secretary Castro has run a historic campaign that has changed the nature of the 2020 election and pushed the Democratic party on a number of big ideas. Unfortunately, we do not see a path to victory that doesn’t include making the November debate stage — and without a significant uptick in our fundraising, we cannot make that debate.”

The Democratic National Committee requires candidates in the November debate to secure 165,000 individual donors, plus a polling threshold of either 3% in four DNC-approved polls or 5% in two DNC-approved early voting state polls, Washington Examiner reports. Castro has met the donor mark, but does not have any qualifying polls.

 

Image courtesy of Gage Skidmore

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Author: HEDGE

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