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

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.

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

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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