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Sanders and Clinton rake in cash for campaign

Bernie Sanders’ presidential campaign said Sunday it raised more than $20 million in January, mostly from small donors, in what it called a “powerful demonstration” of grassroots support.

Bernie Sanders’ presidential campaign said Sunday it raised more than $20 million in January, mostly from small donors, in what it called a “powerful demonstration” of grassroots support.

That would represent a dramatic acceleration in fund-raising by the Democratic presidential candidate from Vermont, who averaged raising about $11 million a month in the last quarter of 2015 — $33 million for the period — and it would indicate an ability to stay in the US race for the longer haul.

Campaigns are not req-uired to report January tot-als just yet, so the Sanders announcement was seen as an effort to create a sense of growing momentum and broad-based appeal on the eve of the key Iowa caucuses. His main rival Hillary Clinton, who has not released January figures, said Sunday that she raised $37 million in last year’s fourth quarter, or just over $12 million a month.

Ms Clinton’s campaign said for all of 2015, she raised $112 million — the most ever of any non-incumbent candidate in a non-election year. She has set a goal for the first quarter of this year of $50 million, and has aggressively stepped up efforts, deploying her husband Bill Clinton, her daughter Chelsea. The Sanders campaign said “nearly all” of its January take came from over 770,000 online donors.

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