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Cory Booker could end 2020 U.S. presidential bid if fundraising doesn’t increase

Click to play video: 'Cory Booker seeks cash, support to stay in race' Cory Booker seeks cash, support to stay in race
WATCH ABOVE: At a rally in Iowa, Senator Cory Booker said he needs everyone's help with his campaign. Earlier, his campaign said he must raise $1.7 million or he will be forced to drop out – Sep 21, 2019

Lagging in polling and fundraising, Democratic presidential candidate Cory Booker’s campaign on Saturday said he may end his run unless donations from supporters increase quickly.

“If we’re not able to build the campaign organization, which means raise the money that we need to win the nomination, Cory’s not going to continue running and consuming resources that are better used on focusing on beating Donald Trump,” campaign manager Addisu Demissie said.

READ MORE: Fierce Democratic debate had Biden clashing against liberals Warren, Sanders

In a memo made public Saturday, Demissie said the New Jersey senator needed to raise an additional $1.7 million by Sept. 30 to remain competitive in the crowded field of candidates seeking the nomination.

With such a fundraising surge, the campaign does “not see a legitimate long-term path forward,” according to the memo.

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WATCH: Cory Booker jokingly calls himself ‘Dwayne Johnson’ after mistakenly introduced as Sen. Michael Bennett

Click to play video: 'Cory Booker jokingly calls himself ‘Dwayne Johnson’ after mistakenly introduced as Sen. Michael Bennett' Cory Booker jokingly calls himself ‘Dwayne Johnson’ after mistakenly introduced as Sen. Michael Bennett
Cory Booker jokingly calls himself ‘Dwayne Johnson’ after mistakenly introduced as Sen. Michael Bennett – Aug 23, 2019

“This isn’t an end-of-quarter stunt or another one of those memos from a campaign trying to spin the press,” the memo said, offering “a real, unvarnished look under the hood of our operation.”

Booker has qualified for a spot in the next debate, in October. But he struggled with fundraising and yet to break through in either early state or national polls.

Demissie said in a telephone call with reporters that “we’re trying to win.”

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