BuzzFeed’s Ruby Cramer has run the numbers, and they aren’t pretty:
O’Malley began the fourth quarter with about $800,000 — a paltry sum compared to Clinton’s $33 million and Sanders’s $27 million. But according to an analysis of his itemized contributions and expenses, O’Malley set out on the final stretch to Iowa with effectively even less money than his latest financial disclosures suggest.
At the time of the filing deadline, the campaign had yet to pay some of his September expenses, including payroll. O’Malley reported spending about $72,000 in September, compared to $806,000 in August and $915,000 in July.
The sharp drop in spending, according to a campaign aide, does not reflect a pared-down operation. O’Malley spent more in the summer months, the aide said, because of start-up costs associated with the campaign, which launched in late May, as well as large one-off expenditures for mail and digital programs.
Still, the last O’Malley report did not include September paychecks.
Staffers might want to brace themselves in case those November paychecks don’t come through.