Democratic Presidential Candidates Race to Raise—and Spend—Funds

As first-quarter reports roll in, ‘burn rate’ looms as concern for 2020 field

Early finance reports for the 2020 Democratic presidential candidates show they invested heavily in kickoff rallies and fundraising in efforts to build national campaigns, which will need to generate steady streams of cash.

Massachusetts Sen. Elizabeth Warren raised about $6 million in the first three months of the year, and spent almost as much, according to her newly filed Federal Election Commission report. Her campaign paid about $1.2 million in salaries, the report shows.

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