‘Mayor’ Pete Runs Out of Obama Speeches to Pilfer. Drops Out of Democratic President Race. By Victoria Taft
https://pjmedia.com/election/mayor-pete-runs-out-of-obama-speeches-to-pilfer-drops-out-of-democratic-president-race/
Mayor Pete Buttigieg has told his staff that he’s pulling out of – suspending – his Democratic presidential campaign.
The former South Bend, Ind., mayor had his campaign staff leak the news to media outlets Sunday afternoon. Buttigieg was expected to speak to supporters in South Bend Sunday night.
CNN, which also received a head’s up from Buttigieg insiders, said his biggest problem was money:
Buttigieg raised more than $80 million during his 2020 run, including impressive $25 million haul in the second quarter of 2019 that allowed the former mayor to invest heavily in Iowa, a state where he and his top aides believed his Midwestern roots, veteran status and focus on faith could build a broad coalition of support across the state.
But Buttigieg’s money was not everlasting. The campaign entered February with just $6.6 million in the bank and they struggled to hit their goal of raising $13 million in the weeks leading up to Super Tuesday.
Part of the problem was small dollar donors. The percentage of Buttigieg’s fundraising from small dollar donors — over time — has fallen from 65% in early 2019 to just 29% in January, according to his financial filings.
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