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Buttigieg and Biden haven't invested in any ads in the crucial Super Tuesday states: WSJ analysis

Buttigieg and Biden haven't invested in any ads in the crucial Super Tuesday states: WSJ analysis

Former South Bend, Ind., Mayor Pete ButtigiegPete ButtigiegLGBTQ voters must show up at the polls, or risk losing progress Buttigieg says it's time to 'turn the page' on Trump administration Sunday shows preview: Coronavirus cases surge in the Midwest; Trump hits campaign trail after COVID-19 MORE and former Vice President Joe BidenJoe BidenDemocrats warn GOP will regret Barrett confirmation Trump campaign eyes election night party at his sold-out DC hotel Harris blasts GOP for confirming Amy Coney Barrett: 'We won't forget this' MORE have yet to spend any money on ads in Super Tuesday states as the important March 3 date grows closer. 

According to ad tracker Kantar/CMAG, the only candidates that have spent sizable amounts of ad money in Super Tuesday states are Sen. Bernie SandersBernie SandersObama book excerpt: 'Hard to deny my overconfidence' during early health care discussions Americans have a choice: Socialized medicine or health care freedom Ocasio-Cortez says Democrats must focus on winning White House for Biden MORE (I-Vt.) and billionaires Michael BloombergMichael BloombergTexas and North Carolina: Democrats on the verge? The Hill's Campaign Report: 2020 spending wars | Biden looks to clean up oil comments | Debate ratings are in Biden breaks all-time television spending record MORE and Tom SteyerTom SteyerTrump leads Biden in Texas by 4 points: poll Democrats seem unlikely to move against Feinstein 2020 election already most expensive ever MORE.

Sens. Amy KlobucharAmy KlobucharStart focusing on veterans' health before they enlist Durbin says he will run for No. 2 spot if Dems win Senate majority Democrats seem unlikely to move against Feinstein MORE (D-Minn.) and Elizabeth WarrenElizabeth WarrenAll fracked up: Biden's Keystone State breakdown What do Google, banks and chicken salad have in common? Final debate: War Admiral vs. Seabiscuit MORE (D-Mass.) have spent some money on advertising in the 14 states, though the sum of their spending combined is less than $2 million, The Wall Street Journal reports.

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Sanders has paid for $11 million worth of ads, a modest number in comparison to Bloomberg's $156 million and Steyer's $37 million in ad spending in Super Tuesday states.

Sanders's fundraising prowess helped him raise $25 million in January alone, allowing him to spend competitively with Steyer and Bloomberg, both of whom supplement their campaign accounts with their own personal fortunes. 

The lack of spending for both Buttigieg and Biden in Super Tuesday states is unsurprising considering the amount of money each of the candidates had on hand going into the Iowa caucuses in the beginning of February.

Prior to the contest, Buttigieg clocked less than $7 million on hand, Biden just over $7 million and Klobuchar and Warren less than $3 million, according to the paper.

Biden in particular has had campaign fundraising issues in the past, and bundlers for the camp have anticipated further problems with donations given his lackluster finishes in both the Iowa and New Hampshire nominating contests earlier this month. 

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Buttigieg specifically has executed a high-risk, high-reward strategy. His campaign poured $14 million into Iowa and New Hampshire in January. The results were strong, with the former mayor virtually tying Sanders in Iowa and narrowly coming in second place in New Hampshire.

However, the former mayor's money dump seemed to have emptied his campaign's coffers. On Thursday Buttigieg sent an email to supporters saying that he needs to raise $13 million by Super Tuesday to remain competitive.

Warren reportedly raised more than $10 million in January, but spend $23 million. The imbalance caused her campaign to dip into $400,000 of a $3 million line of credit, but according to her campaign the move "ultimately wasn’t necessary.”

Warren received a bump thanks to a strong primary debate performance in Las Vegas Wednesday, raising nearly $3 million that day.

Additionally, Klobuchar raised $5.5 million in January and Biden raised $9 million, but like many of their fellow candidates they spent more than they brought in — $7.6 million and $11 million, respectively.