Iowa caucuses are just round the corner. For those who don’t know, it’s a crucial process during which voters across one U.S. state get the first chance in the nation to cast their ballot for both Republican and Democratic candidates. The day can make or break a candidate's bid for the White House.
But apart from voters and, of course, the presidential hopefuls, it is also a crucial time for donors, who use the results to decide if they want to continue supporting their candidate.
Bernie Sanders, it appears, has nothing to worry about in this regard.
His campaign raised $75 million in 2015 and $20 million more in just January. Around 1.3 million people have donated $3.25 million to Sanders — a record number of donors at this early stage of the race.
However, even more interesting is the fact that a majority of Sanders’ $75 million raised last year came from donations under $200, with an average of just $27.
It is in stark contrast to his Democratic rival Hillary Clinton, who has raked in a bulk of her campaign funds from millionaires and billionaires.
Highlighting Sanders’ latest fundraising record, his campaign manager Jeff Weaver said: “Working Americans chipping in a few dollars each month are not only challenging but beating the greatest fundraising machine ever assembled.”
The 74-year-old politician also took to Twitter and denounced big money in politics:
I am proud to tell you that I am the only candidate on the Democratic side that does not have a super PAC.— Bernie Sanders (@BernieSanders) January 31, 2016
I do not represent corporate America and I don’t want their money.— Bernie Sanders (@BernieSanders) January 31, 2016
We need to create a culture which cannot just be based on the worship of money.— Bernie Sanders (@BernieSanders) January 31, 2016
Sure, Clinton has her own fair share of small donors but the way Sanders’ run is solely running on small contributions — and breaking records with them — is astounding.
And it also shows how Sanders, and not Clinton, could be the real champion of “everyday Americans.”
Banner / Thumbnail : Reuters