New York Times Declares Andrew Cuomo Has ‘No Small Donors’

By NTK Staff | 11.13.2017 @3:57pm
New York Times Declares Andrew Cuomo Has ‘No Small Donors’

The paper reported Monday that the 2020 presidential hopeful raised 99 percent of his funds from $1,000 donations or more.

The New York Times knighted Gov. Andrew Cuomo (D-NY) as the “Master of the $50,000 Fundraiser” in a headline about the 2020 hopeful’s fundraising tendencies on Monday.

Describing the governor’s $25 million war chest as “the largest tower of campaign contributions of any Democratic politician in America,” the Times ponders that his massive campaign haul might be a prelude to a presidential run.

But Cuomo achieved this fundraising feat in a manner detached from the streak of bottom-up populism sweeping both major parties. According to the report, over 99 percent of his contributions totaled higher than $1,000:

He has virtually no small donors.

Since the beginning of 2015, Mr. Cuomo has raised more than 99 percent of his campaign money from donations larger than $1,000 and nearly 99.9 percent of his funds from donors who gave at least $200, according to an analysis by The New York Times. At one point last year, Mr. Cuomo went six months without reporting a single individual donor who gave less than $200.

The strategy of exclusively seeking high-dollar donors directly contrasts with the tactics of another 2020 hopeful, Sen. Bernie Sanders (I-VT). During the 2016 campaign, Sanders famously cited the statistic that his average campaign donation was approximately $27.

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