WASHINGTON — Rep. Tim Walz raised $381,000 in the second quarter of 2010, his campaign announced this afternoon, taking him to a sum of $1.4 million raised during the campaign cycle.
The announcement follows GOP challenger Randy Demmer’s own fundraising report earlier today that he raised $304,000 in the second quarter.
While those totals are close, Walz’s early fundraising advangage combined with frugal spending this quarter to give him a sizeable cash advantage. Walz now has $854,000 cash-on-hand and no outstanding debt, campaign manager Richard Carlbom said, while Demmer reported $271,000 cash-on-hand.
“Tim Walz is proud of the grassroots, people-powered campaign that provides the resources needed to win in November,” said campaign manager Richard Carlbom. “He continues to fight for fiscal responsibility in Washington with Pay-As-You-Go budgeting rules and Tim is running his campaign the same way – his campaign will report zero debt.”
Given the close totals, it will be interesting to see exactly where all the funds came from (individuals, PACs, inside the state or out, or even loans). A full accounting will come sometime in the next week, as campaigns are required to disclose their receipts to the Federal Elections Commission by July 15.
CQ Politics and the Cook Political Report rate the race Likely Democrat, while the Rothenberg Political Report has it as a safe seat. Walz received 62.5 percent of the vote in 2008, two years after he unseated Rep. Gil Gutknecht by six percentage points.