Julián Castro announced Monday in an email to supporters that his presidential campaign needs to raise $800,000 by the end of October or he will end his 2020 bid.
The fundraising tactic is a last-ditch effort for a candidate who has struggled to raise money for much of his campaign; he entered the fourth quarter of 2019 with less than $700,000 in the bank. In the email, the former Housing and Urban Development secretary writes that the donations are needed to help him qualify for November's Democratic debate, something he has failed to do so far."I'm asking you to fight for me like never before," Castro says in the email.
However, he has failed to reach the polling threshold.Read More"The campaign needs a significant influx of resources to fund operations needed to secure his spot on the November debate stage," an aide said Monday."To secure these polls, the campaign will need an influx of resources to fund operations in battleground states."Castro is not the first campaign to tie dropping out of the race to a fundraising strategy. New Jersey Sen.
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