Welcome to The Hill's Campaign Report, your weekly rundown on all the latest news in the 2020 presidential, Senate and House races. Did someone forward this to you? Click here to subscribe .

We're Julia Manchester, Max Greenwood and Jonathan Easley. Here's what we're watching this week on the campaign trail.

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LEADING THE DAY:

Aides and allies of former Vice President Joe Biden Joe BidenFormer Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick Bloomberg rolls out M ad buy to boost Biden in Florida MORE for weeks have dismissed concerns about his third-quarter fundraising haul, arguing that the $15.7 million he pulled in over the past three months is more than enough to allow him to compete in the early primary and caucus states.

That may be true, for now, but his third-quarter filings to the Federal Election Commission (FEC) show some warning signs for the former vice president. Biden reported having just $9 million in cash on hand, significantly less than his top rivals for the Democratic nomination. What's more, he spent more money than he brought in during the third quarter, leaving him with a burn rate of 112 percent.

By comparison, Sen. Bernie Sanders Bernie SandersSirota reacts to report of harassment, doxing by Harris supporters Republicans not immune to the malady that hobbled Democrats The Hill's Morning Report - Sponsored by Facebook - Republicans lawmakers rebuke Trump on election MORE (I-Vt.) has $33.7 million on hand, while Sen. Elizabeth Warren Elizabeth WarrenOvernight Defense: Appeals court revives House lawsuit against military funding for border wall | Dems push for limits on transferring military gear to police | Lawmakers ask for IG probe into Pentagon's use of COVID-19 funds On The Money: Half of states deplete funds for Trump's 0 unemployment expansion | EU appealing ruling in Apple tax case | House Democrats include more aid for airlines in coronavirus package Warren, Khanna request IG investigation into Pentagon's use of coronavirus funds MORE (D-Mass.) has $25.7 million and South Bend, Ind., Mayor Pete Buttigieg Pete ButtigiegBillionaire who donated to Trump in 2016 donates to Biden The Hill's Morning Report - Sponsored by Facebook - GOP closes ranks to fill SCOTUS vacancy by November Buttigieg stands in as Pence for Harris's debate practice MORE has $23.3 million. And they're all spending money at a slower rate than Biden.

But Biden isn't the only one facing a spending dilemma. Indeed, roughly two-thirds of the Democratic presidential candidates face a similar challenge, one that could spell trouble for their campaigns in the months ahead.

Here's a rundown of how much the candidates are spending relative to what they're raising. Note that we've excluded former Rep. John Delaney John DelaneyCoronavirus Report: The Hill's Steve Clemons interviews Rep. Rodney Davis Eurasia Group founder Ian Bremmer says Trump right on China but wrong on WHO; CDC issues new guidance for large gatherings The Hill's Coronavirus Report: Kansas City Mayor Quinton Lucas says country needs to rethink what 'policing' means; US cases surpass 2 million with no end to pandemic in sight MORE (D-Md.) and billionaire philanthropist Tom Steyer Tom SteyerTV ads favored Biden 2-1 in past month Inslee calls Biden climate plan 'perfect for the moment' OVERNIGHT ENERGY: Trump administration finalizes plan to open up Alaska wildlife refuge to drilling | California finalizes fuel efficiency deal with five automakers, undercutting Trump | Democrats use vulnerable GOP senators to get rare win on environment MORE, because their campaigns are largely self-financed.

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Joe Biden: 112 percent (raised $15.7 million)

Michael Bennet Michael Farrand BennetOVERNIGHT ENERGY: House Democrats tee up vote on climate-focused energy bill next week | EPA reappoints controversial leader to air quality advisory committee | Coronavirus creates delay in Pentagon research for alternative to 'forever chemicals' Senate Democrats demand White House fire controversial head of public lands agency Next crisis, keep people working and give them raises MORE: 116 percent (raised $2.1 million)

Cory Booker Cory Anthony BookerThe movement to reform animal agriculture has reached a tipping point Watchdog confirms State Dept. canceled award for journalist who criticized Trump 3 reasons why Biden is misreading the politics of court packing MORE: 119 percent (raised $6 million)

Steve Bullock Steve BullockCourt removes Pendley from role as public lands chief On The Trail: Making sense of this week's polling tsunami McConnell locks down key GOP votes in Supreme Court fight MORE: 106 percent (raised $2.3 million)

Pete Buttigieg: 97 percent (raised $19.1 million)

Julián Castro: 113 percent (raised $3.5 million)

Tulsi Gabbard Tulsi GabbardRepublicans call on DOJ to investigate Netflix over 'Cuties' film Hispanic Caucus campaign arm endorses slate of non-Hispanic candidates Gabbard says she 'was not invited to participate in any way' in Democratic convention MORE: 110 percent (raised $3 million)

Kamala Harris Kamala HarrisTexas Democratic official urges Biden to visit state: 'I thought he had his own plane' The Hill's Campaign Report: Biden on Trump: 'He'll leave' l GOP laywers brush off Trump's election remarks l Obama's endorsements A game theorist's advice to President Trump on filling the Supreme Court seat MORE: 125 percent (raised $11.6 million)

Amy Klobuchar Amy Klobuchar3 reasons why Biden is misreading the politics of court packing Social media platforms put muscle into National Voter Registration Day Battle lines drawn on precedent in Supreme Court fight MORE: 163 percent (raised $4.8 million)

Beto O'Rourke Beto O'RourkeJimmy Carter says his son smoked pot with Willie Nelson on White House roof O'Rourke endorses Kennedy for Senate: 'A champion for the values we're most proud of' 2020 Democrats do convention Zoom call MORE: 144 percent (raised $4.5 million)

Tim Ryan Timothy (Tim) RyanNow's the time to make 'Social Emotional Learning' a national priority Mourners gather outside Supreme Court after passing of Ruth Bader Ginsburg Lincoln Project hits Trump for criticizing Goodyear, 'an American company' MORE: 142 percent (raised $425,700)

Bernie Sanders: 85 percent (raised $25.3 million)

Elizabeth Warren: 76 percent (raised $24.6 million)

Marianne Williamson Marianne WilliamsonMarianne Williamson discusses speaking at People's Party Convention Fewer people watched opening night of Democratic convention compared to 2016 Marianne Williamson: Democratic convention 'like binge watching a Marriott commercial' MORE: 94 percent (raised $3 million)

Andrew Yang Andrew YangBiden's latest small business outreach is just ... awful Doctor who allegedly assaulted Evelyn Yang arrested on federal charges The Hill's Campaign Report: Biden weighs in on police shootings | Who's moderating the debates | Trump trails in post-convention polls MORE: 44 percent (raised $9.9 million)

READ MORE

Third-quarter fundraising sets Sanders, Warren, Buttigieg apart, via The Hill's Reid Wilson and Max Greenwood

FROM THE TRAIL:

Biden faces a new threat from Buttigieg, who is fresh off an eye-opening debate performance and positioning himself to be a top contender for the support of centrist Democrats if the former vice president falters. The Buttigieg campaign says it raised $1 million from tens of thousands of donors in the hours after Tuesday's debate concluded and recent polls show he's on the rise in Iowa, The Hill's Jonathan Easley and Amie Parnes report.

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The Hill : Five Takeaways from the Democratic debate.

The Hill : Who came out on top at the Democratic debate?

Democratic divisions over how to tackle Big Tech were on display at the latest primary debate as presidential contenders sparred over whether to break up Silicon Valley's giants, how social media should handle President Trump Donald John TrumpFederal prosecutor speaks out, says Barr 'has brought shame' on Justice Dept. Former Pence aide: White House staffers discussed Trump refusing to leave office Progressive group buys domain name of Trump's No. 1 Supreme Court pick MORE's tweets and whether the government is doing enough to prevent interference in U.S. elections using social media, The Hill's Emily Birnbaum and Maggie Miller report.

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Democrats are facing an uphill fight to win back Ohio in 2020 as Republicans look to solidify their grip on the Buckeye State two years after Trump carried it by 8 points, The Hill's Julia Manchester reports .

Trump's reelection campaign says it is hiring staff and opening field offices in Minnesota and New Mexico, two traditionally blue states the president's strategists have identified as having potential to flip in 2020, The Hill's Jonathan Easley reports .

Democrats are concerned the House impeachment inquiry could bleed into the primary season and take presidential candidates such as Sens. Elizabeth Warren (D-Mass.) and Bernie Sanders (I-Vt.) off the campaign trail, The Hill's Amie Parnes reports .

PERSPECTIVES:

Michael Starr Hopkins : Democrats have reason to worry after last presidential debate.

Jessica Tarlov : Despite health concerns, 'Bernie or bust' is a potent political force.

Steve Israel and Tom Davis : Can Democrats and Republicans be friends again?

Valerie Jarrett : Democratic debates must include gender equity solutions.

Moira Donegan : Warren was attacked from all sides and didn't bat an eye.

William Saletan : Democrats could be in trouble if they nominate Warren.

POLICY ROLLOUTS:

Warren wants to eliminate "big money" in politics, taking aim at donations from PACs and urging her fellow presidential contenders to be transparent in their fundraising ( The Hill ) ... Sanders released new proposals that would aggressively raise rates on corporations and the wealthiest Americans ( The Hill ) ... NARAL Pro-Choice America will host a presidential forum focused on reproductive rights and abortion ( The Hill ) ... Former Rep. Beto O'Rourke (D-Texas) has a plan to address barriers disabled people face during air travel ( The Hill ) ... Sen. Kamala Harris (D-Calif.) is pitching a $100 billion plan to fight what she characterized as Trump 's "war on rural America" ( The Hill ) ...

FROM CONGRESS:

Sen. Gary Peters Gary Charles PetersHillicon Valley: Subpoenas for Facebook, Google and Twitter on the cards | Wray rebuffs mail-in voting conspiracies | Reps. raise mass surveillance concerns Postmaster general says postal service can't return mail-sorting machines The Hill's Campaign Report: Trump faces backlash after not committing to peaceful transition of power MORE (D-Mich.) is running narrowly ahead of his Republican rival in what is likely to be one of the critical battleground states in next year's election, The Hill's Reid Wilson reports.

Sen. Cory Booker (D-N.J.) is the latest Democrat to endorse the primary challenger to Rep. Daniel Lipinski Daniel William LipinskiFive things we learned from this year's primaries Hispanic Caucus campaign arm endorses slate of non-Hispanic candidates Bottom line MORE (D-Ill.), according to The Hill's Julia Manchester .

MONEY WATCH:

Democratic presidential candidates raised a combined $186 million during the third quarter, setting a breakneck pace even as Trump stockpiles a massive campaign account.

Three of the candidates who hope to face Trump next year -- Sanders, Warren and Buttigieg -- have set themselves apart from the crowded field, both by raising more and keeping more money on hand than their rivals. The Hill's Ried Wilson and Max Greenwood report .

Democratic fundraising platform ActBlue on Thursday announced that it has raised $297 million in the third quarter, putting it on track to raise $1 billion this year, The Hill's Rachel Frazin reports.

Members of Congress are taking advantage of the Washington Nationals going to the World Series with a number of them planning fundraisers centered around the team's appearance in the Fall Classic, The Hill's Alex Gangitano reports .

POLL WATCH:

MOODY'S ANALYTICS : Trump is on trajectory to win a second term in office according to three different historically accurate economic forecasting models.

EMERSON COLLEGE : Biden and Warren are tied in Iowa, with Buttigieg on the rise.

ECONOMIST/YOUGOV : Democrats have a 10-point lead on the generic congressional ballot.

MARK YOUR CALENDARS:

There are 108 days until the Iowa caucuses, 116 days until the New Hampshire primary, 127 days until the Nevada caucuses, 134 days until the South Carolina primary and 137 days until Super Tuesday.

ONE FUN THING:

THE MCKINNON EFFECT: Comedian Kate McKinnon is back as a campaign staple after playing Hillary Clinton Hillary Diane Rodham ClintonBloomberg rolls out M ad buy to boost Biden in Florida Hillicon Valley: Productivity, fatigue, cybersecurity emerge as top concerns amid pandemic | Facebook critics launch alternative oversight board | Google to temporarily bar election ads after polls close Trump pledges to make Juneteenth a federal holiday, designate KKK a terrorist group in pitch to Black voters MORE and Kellyanne Conway Kellyanne Elizabeth ConwaySpecial counsel investigating DeVos for potential Hatch Act violation: report George and Kellyanne Conway honor Ginsburg Trump carries on with rally, unaware of Ginsburg's death MORE on "Saturday Night Live" during the 2016 election campaign. McKinnon played Elizabeth Warren earlier this month on SNL's "Weekend Update" segment and the Massachusetts senator's campaign is taking note!

Warren's campaign used the segment in an ad earlier this week to tout her latest fundraising numbers.

"You raised all of this money without any corporate donations, is that right?" "Weekend Update" host Colin Jost asked McKinnon's Warren.

"That's right," McKinnon replies. "That's grassroots."

The real-life Warren is then seen in a number of clips making phone calls to supporters.

I don't spend call time asking rich donors to throw big dollar fundraisers or underwrite my campaign. My call time is spent with grassroots donors, thanking them for chipping in whatever they can. Mind if I make just a few more? pic.twitter.com/TDo9EkNpA1 — Elizabeth Warren (@ewarren) October 15, 2019

Warren isn't the only candidate to get spoofed on "SNL" this season. Maya Rudolph played Harris earlier this month, while Lin-Manuel Miranda played former Housing and Urban Development Secretary Julián Castro after the show was criticized for not including Castro in a previous skit.

We'll definitely be watching "SNL's" next new episode to see which other candidates get spoofed.

Have a great weekend!