| Today is the deadline for candidates to file their FEC Pre-Special Report, which in this race will cover the period from July 1 through August 12. At the moment, Joan Buchanan is the only candidate whose report is up. And the bombshell is that she lent her campaign another $250,000 back in mid-July. So it turns out that she was already at $500,000 before she made a loan of another $250,000 last Friday. Buchanan's fundraising has continued to be anemic, with a mere $30,000 for the six-week period (and a grand total of $94,000). But with her own money added in, she's easily at the head of the pack money-wise.
On the debit side of the ledger, Buchanan spent nearly $400,000 in the last six weeks ($531,000 total), almost all of it on salaries for her field operation. So she's in the final two-week stretch with an army of paid canvassers and plenty of operating capital. And if you're wondering what has possessed her to invest so much of her own money into her campaign, I can tell you that she's spent a fair amount of money on polling. So she must be seeing something that's encouraging her to keep spending.
UPDATE: Garamendi's report is up. He raised $217,000 in the period for a campaign total of $517,000.
Expenditures for the period were $341,000 ($381,000 total). Garamendi reports CoH of $133,000, less debt of $82,000, effectively leaving him with about $50,000. He's also raised another $45,000 since the Pre-Special reporting period, according to his 48-Hour reports. Garamendi's campaign had spent $50,000 on TV as of 8/12.
UPDATE 2:
And DeSaulnier's report is up. DeSaulnier raised $169,000 for the period ($380,000 total).
Expenditures were $206,000 ($278,000 total). The campaign reported $108,000 CoH and $128,000 debt, including a $15,000 loan from the candidate. So DeSaulnier is limping into the final stretch with virtually no money. That's what happens when you do things like pay Ellen Tauscher's fundraisers nearly $40,000. |
