John Kasich's campaign may be out of cash before April

Keep an eye on the burn rate here. Kasich went into January with $3.3 million. He raised $1 million in January. He raised $3.4 million in February. That is a total of $7.7 million in available cash of which $4.4 was raised in Jan-Feb. He entered March with $1.25. This means in January and February he spent nearly $6 million. By comparison, Ted Cruz raised $12 million in February alone.

To be sure, Kasich probably saw a bump in fundraising after around the Ohio primary but his burn rate for non-intense efforts was such that unless he raised at least $5 million over the past two weeks that he is essentially running on empty.

That comports with my post from last week on candidate advertising buys. Kasich is not buying ads in Arizona and is not spending a lot in Utah.