What third-quarter fundraising can tell us about 2020. Via FiveThirtyEight:
When a presidential candidate raises a lot of money, they’re probably going to tell you about it, which leads to a lot of headlines like this:
Those headlines aren’t wrong, but they also don’t tell you that much on their own. That’s because each candidate who’s bragging about his or her fundraising total is doing it in a vacuum. It’s tough to know whether to care about, say, Bernie Sanders’s haul without knowing what the other candidates brought in.
Luckily, all candidates must file detailed reports of their fundraising and spending at least once a quarter. This information, which is made public by the Federal Election Commission, allows for a better kind of analysis: one that compares each candidate to all the others. We’re going to help you do that., a nonprofit investigative news organization, are teaming up to track those filings and update this page with the latest numbers each quarter.
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