Based on fundraising numbers alone, it's clear that former Virginia Sen. Jim Webb didn't stand a chance at toppling Hillary Clinton in the race for the Democratic nomination. When Webb announced Tuesday that he would be dropping his presidential bid, Politico reports that he had an estimated $317,000 on hand — a sum that Clinton trounces by 80 times over, with her on-hand cash totaling a whopping $25.7 million.
And it wasn't just the front-running Democrat that Webb lagged behind in fundraising. Even Harvard professor and long-shot candidate Lawrence Lessig — who didn't register high enough in national polls to qualify for the first debate — has more cash on hand than Webb. Lessig has raised over a $1 million, about 1.5 times Webb's total.
The Week
Escape your echo chamber. Get the facts behind the news, plus analysis from multiple perspectives.
Sign up for The Week's Free Newsletters
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
From our morning news briefing to a weekly Good News Newsletter, get the best of The Week delivered directly to your inbox.
-
A Spinal Tap reunion, Thomas Pynchon by way of Paul Thomas Anderson and a harrowing Stephen King adaptation in September moviesthe week recommends This month's new releases include 'Spinal Tap II,' 'One Battle After Another' and 'The Long Walk'
-
'Vampire energy' could be causing your electric bill to riseUnder the Radar Wasted energy could account for up to 10% of home use
-
Sudoku medium: September 10, 2025The Week's daily medium sudoku puzzle
-
New York court tosses Trump's $500M fraud fineSpeed Read A divided appeals court threw out a hefty penalty against President Trump for fraudulently inflating his wealth
-
Trump said to seek government stake in IntelSpeed Read The president and Intel CEO Lip-Bu Tan reportedly discussed the proposal at a recent meeting
-
US to take 15% cut of AI chip sales to ChinaSpeed Read Nvidia and AMD will pay the Trump administration 15% of their revenue from selling artificial intelligence chips to China
-
NFL gets ESPN stake in deal with DisneySpeed Read The deal gives the NFL a 10% stake in Disney's ESPN sports empire and gives ESPN ownership of NFL Network
-
Samsung to make Tesla chips in $16.5B dealSpeed Read Tesla has signed a deal to get its next-generation chips from Samsung
-
FCC greenlights $8B Paramount-Skydance mergerSpeed Read The Federal Communications Commission will allow Paramount to merge with the Hollywood studio Skydance
-
Tesla reports plummeting profitsSpeed Read The company may soon face more problems with the expiration of federal electric vehicle tax credits
-
Dollar faces historic slump as stocks hit new highSpeed Read While stocks have recovered post-Trump tariffs, the dollar has weakened more than 10% this year
