There are a whole lot of Democrats who have lined up to dislodge Donald Trump in the 2020 president election. Beto O’Rourke has already drawn the attention of the media. He raised a huge lot of money in the first 24 hours of his campaign. The amount is $6.1 million and some of the others pale in comparison to O’Rourke. Kamala Harris had to be satisfied with around $1.5m on her first day, while for Amy Klobuchar the going was also tough.

It took her 48 hours to latch on to her first million. The bottom line for Democratic candidates is to ensure that the existing incumbent of the White House does not return for a second term.

The Guardian reports Beto O’Rourke as saying that his ability to raise funds is an example of the power of the people. He looks at his success as proof that a true grassroots campaign for president can deliver the goods. The funds did not come from PAC donations but very little is known about the sources. O’Rourke is playing it close to his chest.

Unequal balance of money

The record haul of $6.1 million by Beto O’Rourke is more than that of Bernie Sanders who raised $5.9 million in his first 24 hours. The former has kept mum on aspects like the number of donors and the average size of the contributions.

Don’t miss the latest news!
Click on the topic you interest most. We'll keep you updated with all the news you shouldn't miss.
Donald Trump Democratic Party

In contrast, Sanders revealed the number of donors who chipped in for him. Incidentally, Kamala Harris, Beto O’Rourke and Joe Biden are top favored Democratic candidates.

Big money has an important role to play in the US elections and the Democrats, at present, appear to be posing their trust in small individual donations instead of corporate funding.

The Guardian goes on to add that past statistics show the gradual rise in expenses from $3.6 billion in 2010 to $3.8 billion in 2014 and $5.7 billion in 2018. However, there is an unequal balance of money. It is paradoxical that while many social programs suffer from lack of funds, there is always more than enough money for elections.

Beto O’Rourke is a man to watch out for

According to New Zealand Herald, Beto O’Rourke appears to have the ability to win over the people.

That is a plus point for him. The funds he raised in the first 24 hours were more than what other contenders of his party raised. They were even more than a veteran like Bernie Sanders, another hopeful, achieved in a corresponding period. In the opinion of observers, in an extremely crowded Democratic primary field, so it's important to get noticed. Beto O'Rourke has done just that and if he can continue the trend, he could spring a surprise and become a top contender for the Democratic nomination.

Don't miss our page on Facebook!
Click to read more