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Congressional fundraising: Franken, Bachmann lead the pack

Congressional fundraising: Franken, Bachmann lead the pack
REUTERS/Rich Clement
Sen. Al Franken raised nearly $2 million and has about that same figure on hand going into his first re-election campaign.
  • It’s no surprise by now that Michele Bachmann would have the best fundraising quarter among Minnesota’s U.S. House delegation, and that was the case again between January and March, when she took in $678,665 (the next closest was Erik Paulsen, who took in nearly $360,000). But this was Bachmann’s second-weakest fundraising quarter in the last three years (she took in $570,000 during the first three months of 2012, before announcing her run for re-election), and she spent more than she brought in ($890,000).
  • Sen. Al Franken raised nearly $2 million and has about that same figure on hand going into his first re-election campaign. He has no Republican opponent and has more than twice as much on hand as either Paulsen or John Kline, two House Republicans who have left the door open to a run against him.
  • Contributions from Political Action Committees made up more than half the total figure brought in by four Minnesotans: Kline (51 percent), Betty McCollum (62 percent), Collin Peterson (82 percent) and Rick Nolan (83 percent). With the exception of Peterson, those proportions are much higher than the candidates’ total PAC shares from the 2012 cycle, so those numbers will go down as we get closer to November 2014 (PAC contributions made up 79 percent of Peterson’s total fundraising last cycle).
  • Minnesotans raised about $3.95 million in the first quarter, off from $4.02 million during the same quarter in 2011.

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Comments (1)

On the bandwagon

Looks like Franken has become a genuine politician. Lots of funding, and little else. I am so tired of pols who use office to advance themselves rather than genuinely serve the citizen, At least with Bachmann the self service is obvious.