Beto O’Rourke’s Q3 Fundraising Number Will Astound You … and He’ll Still Likely Lose Beto O’Rourke’s Q3 Fundraising Number Will Astound You … and He’ll Still Likely Lose – NTK Network

Beto O’Rourke’s Q3 Fundraising Number Will Astound You … and He’ll Still Likely Lose

The Texas congressman has captured liberal hearts across the nation and is raising money hand over fist, but he's still on track to lose in November.

By NTK Staff | 10.12.2018 @10:30am
Beto O’Rourke’s Q3 Fundraising Number Will Astound You … and He’ll Still Likely Lose

When is the last time you pitched someone on a sure-fire losing effort, and they gave you $38 million anyway? Never?

That’s the position Rep. Beto O’Rourke (D-TX) is in. The photogenic congressman from Texas, who’s challenging Sen. Ted Cruz (R-TX) in one of the most-watched U.S. Senate races in the country this year, posted an astounding third-quarter fundraising number on Friday.

For those unfamiliar, $38 million is not a contribution number any U.S. Senate candidate typically puts up, even in the final quarter before an election – that is, unless they’re self-funding, which O’Rourke is not.

In fact, $38 million is presidential campaign-level reporting. For reference’s sake, in 2007 CNN wrote that Hillary Clinton was no longer “inevitable” because then-Sen. Barack Obama (D-IL) raised $32.5 million in one quarter in 2007. That’s nearly $6 million less than O’Rourke, a Senate candidate, just raised.

And will an Obama-like run actually be O’Rourke’s next step? As NTK Network pointed out on Thursday, despite O’Rourke’s massive fundraising numbers – and the fawning profiles he can brag on – he’s still down nine points to Cruz in a recent Quinnipiac poll, and eight points in a New York Times poll completed this week.

At least one of those fawning profiles of O’Rourke recently speculated that he could run for president even if he loses in November. With an eight-figure warchest, that’s certainly possible. The top of O’Rourke’s press page suggests that Iowa – not Texas – may be on O’Rourke’s mind.

O’Rourke’s record haul surpassed a 2000 quarterly fundraising record set by Rick Lazio’s Senate campaign against Hillary Clinton. Lazio raised $22 million in the third quarter of 2000. That effort, too, was ultimately an unsuccessful one.

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