10 things you need to know today: October 16, 2015

Clinton and Sanders lead both parties in cash on hand, Dennis Hastert reportedly reaches plea deal, and more

Hillary's feeling rich.
(Image credit: AP Photo/Eric Gay)

1. Clinton and Sanders match entire GOP field in cash on hand

Democratic presidential candidates Hillary Clinton and Sen. Bernie Sanders (I-Vt.) head into fall with nearly as much campaign cash in the bank as the 15 Republican candidates combined, according to Federal Election Commission quarterly financial reports released Thursday night. Democrats outpaced GOP hopefuls in raising direct contributions, although Republicans rely more heavily on super PACs. Clinton raised the most in the third quarter with $29.9 million, but Sanders gained on her, raising $26.2 million.

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Harold Maass, The Week US

Harold Maass is a contributing editor at The Week. He has been writing for The Week since the 2001 debut of the U.S. print edition and served as editor of TheWeek.com when it launched in 2008. Harold started his career as a newspaper reporter in South Florida and Haiti. He has previously worked for a variety of news outlets, including The Miami Herald, ABC News and Fox News, and for several years wrote a daily roundup of financial news for The Week and Yahoo Finance.