Fourth Quarter Fundraising -- Another Blah Quarter for Johnson
As TJW reported last quarter, Tim Johnson's fundraising is lagging far behind last cycle. Johnson's disappointing fundraising continues with the latest figures, which reflect contributions through December 31, 2005.
Johnson raised $34,732 for the fourth quarter, bringing his total for the cycle up to $109,093. Of the $34,732, a mere $18,232 was from individual contributors, with the rest coming from PACs like the National Beer Wholesalers Association PAC (at $2,500, almost 7.5% of his quarterly fundraising). He continues to outspend his fundraising, leaving him with $80,022 cash on hand and $69,246 in debt, for a campaign net worth of $10,776. Even if Johnson wanted to pay back Tom DeLay's money, he'd have to borrow to do it!
Johnson's challenger, David Gill, raised not much less than Johnson at $24,728 and, for the second consecutive quarter, outstripped Johnson in individual contributions with $22,680 to Johnson's $18,232. Gill has no debt and is $37,735 in the black.
Maybe, as TJW suggested back in November, the raft of GOP scandals coming to light is starting to weigh down Republican contributions. Or maybe Johnson is coasting, feeling secure in the fact that he defeated Gill the last time. I guess the latter is more encouraging for Johnson than the former, but either way these numbers have to be giving the challenger encouragement.
Johnson raised $34,732 for the fourth quarter, bringing his total for the cycle up to $109,093. Of the $34,732, a mere $18,232 was from individual contributors, with the rest coming from PACs like the National Beer Wholesalers Association PAC (at $2,500, almost 7.5% of his quarterly fundraising). He continues to outspend his fundraising, leaving him with $80,022 cash on hand and $69,246 in debt, for a campaign net worth of $10,776. Even if Johnson wanted to pay back Tom DeLay's money, he'd have to borrow to do it!
Johnson's challenger, David Gill, raised not much less than Johnson at $24,728 and, for the second consecutive quarter, outstripped Johnson in individual contributions with $22,680 to Johnson's $18,232. Gill has no debt and is $37,735 in the black.
Maybe, as TJW suggested back in November, the raft of GOP scandals coming to light is starting to weigh down Republican contributions. Or maybe Johnson is coasting, feeling secure in the fact that he defeated Gill the last time. I guess the latter is more encouraging for Johnson than the former, but either way these numbers have to be giving the challenger encouragement.
posted by Michael | 9:36 PM
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