'Beto Boom' goes bust, bigly | Analysis by CillizzaCNN
On Monday night, O'Rourke announced that he had raised just $3.6 million between April 1 and June 30, a massive decline from the $9.4 million the former Texas congressman -- and 2018 Senate nominee -- raised in just 18 days as a 2020 candidate in the first quarter of this year. And the bad news didn't end there. He also spent more money than he took in over the past three months: O'Rourke had a burn rate of 146%, according to calculations from NBC News.
In each episode of his weekly YouTube show, Chris Cillizza will delve a little deeper into the surreal world of politics. Click to subscribe! Those days feel like 100 years ago now. O'Rourke's performance from the time he formally entered the race on March 14 is best described as listless. He seems like a man without a plan, lost amid a sea of more knowledgeable and more aggressive rivals. Yes, it is still early in the 2020 race. But O'Rourke's trend line since he got into this thing is straight down. He needs a major moment sometime soon.
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