WASHINGTON—Bernie Sanders’ campaign had less than $6 million at the start of May, a critical cash shortage as he makes an admittedly tough final play to wrest the Democratic presidential nomination from Hillary Clinton.
Sanders’ rival had five times as much money, according to new Federal Election Commission filings, beginning the month with $30 million in the bank.
The two were on roughly equal fundraising footing last month, with Clinton and Sanders each raising more than $25 million. But the Vermont senator spent almost $39 million to Clinton’s $24 million, the reports showed.
This year, Sanders has averaged more than $40 million in spending per month, underlining how quickly he could blow through the cash he had on hand at the beginning of May.
