Joe Biden isn't the Democratic frontrunner when it comes to fundraising, according to figures released by his campaign Thursday. The Biden campaign says the former vice president raised $15.2 million over the last three months, some $7 million less than in the previous quarter of 2019, the New York Times reports. The Biden haul puts him behind at least two of his rivals: Bernie Sanders announced a $25.3 million third-quarter total earlier this week, while Pete Buttigieg, who led the second quarter with $24.8 million, pulled in $19.1 million. Elizabeth Warren, who has overtaken Biden in some polls, hasn't announced her third-quarter fundraising total yet. The deadline is Oct. 15.
At a fundraiser in California Thursday, Biden warned against a "socialist" response to President Trump, the Times reports. "You don’t need some radical, radical socialist kind of answer to any of this—you've just got to make capitalism work like it’s supposed to work," he said. "We’ve got to save capitalism from this guy." Tickets for the event went for up to $2,800. Biden is going to need funds to counter Trump as well as his Democratic rivals: Sources tell Politico that Trump plans a $1 million anti-Biden ad campaign in early-voting states Iowa, South Carolina, New Hampshire, and Nevada. The ads will repeat Trump's claim that Biden and his son Hunter were engaged in corruption in Ukraine, the sources say. (Read more Joe Biden 2020 stories.)