(AmericanProsperity.com) – The presidential campaign of former Vice President Mike Pence reported $1.2 million cash on hand and over $600,000 in debt on October 14. The GOP presidential candidate said the same day he has only raised $3.3 million in the third quarter, which puts him behind other presidential rivals such as Florida Governor Ron DeSantis and former South Carolina Governor Nikki Haley.
As reported by Politico, the Republican leader gave himself $150,000, which according to the media outlet represents a massive figure for a politician who hasn’t amassed too much wealth during his political career. Politico also noted this is a substantial amount of money for Pence, in comparison to the less-than-six-figure salary he received when he was the governor of Indiana from 2013 to 2017.
Different reports have pointed out Pence’s disappointing fundraising numbers show the lack of traction the former Vice President has gained in the primary. The reports also noted that this data can get worse and that his presidential campaign hasn’t notified whether Pence has amassed enough donors to qualify for the next debate, which will take place on November 8 in Miami, Florida.
Speaking on condition of anonymity, a Pence ally told Politico that the Republican leader is planning to stay in the race, even when the fundraising quarter was “brutal” for him. The Pence ally also explained the debt number will be “impossible to pay back,” and noted that the former Vice President is fully aware of this. The person also said that Pence will be forced to do “debt-retirement fundraisers” when he finally drops out of the race.
An Iowa Republican operative also told this media outlet on condition of anonymity that it was going to be difficult for Pence to make it to this state and its “evangelical-rich caucuses.” When asked about the GOP presidential candidate’s fundraising haul, the person told Politico that sounded like a regular “Senate race.”
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