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JPZenger

(6,819 posts)
Tue Jun 3, 2014, 10:43 AM Jun 2014

Corbett now has 4 times as much campaign dollars left as Wolf

Last edited Tue Jun 3, 2014, 03:25 PM - Edit history (2)

http://www.philly.com/philly/news/nation_world/20140522_How_to_catch_Wolf__GOP_strategists_begin_counting_ways.html

Tom Wolf was willing to spend his own money and take out a multi-million dollar loan to get this far. However, almost all of that money has been spent. Corbett now has 4 times as much campaign cash left to spend as Wolf - over $6 million vs. about $1.5 million.

Wolf also had to spend a couple million more on the primary than he expected - on ads to defend himself from attack ads by McCord and Schwartz.

For those who are able, now is the time to donate to the PA. Dem Party, Wolf's Campaign and legislative races.
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Corbett now has 4 times as much campaign dollars left as Wolf (Original Post) JPZenger Jun 2014 OP
Wow. I thought Wolf was in good shape yeoman6987 Jun 2014 #1
I saw a poll the other day that said Wolf was 20 percent ahead. hrmjustin Jun 2014 #2
I'm not worried. Lugnut Jun 2014 #3
I'm not real sure that's a big impediment right now PRETZEL Jun 2014 #4
Forget the DNC; it's $15 million in debt, w/$8 mil. bank loan due in June Divernan Jun 2014 #5
 

yeoman6987

(14,449 posts)
1. Wow. I thought Wolf was in good shape
Tue Jun 3, 2014, 10:45 AM
Jun 2014

I will donate some. Although he is going to have to have big time donors now to equal Corbett. Before this article, I thought Corbett was gone in January.

Lugnut

(9,791 posts)
3. I'm not worried.
Tue Jun 3, 2014, 10:56 AM
Jun 2014

I don't think all the money in the world would save Corbett's butt. If you put any stock in the polling he'll be gone anyway.

PRETZEL

(3,245 posts)
4. I'm not real sure that's a big impediment right now
Tue Jun 3, 2014, 01:27 PM
Jun 2014

the primary was a very highly contested race (despite the final numbers) and more than likely alot of donors, especially big ticket ones were just waiting to see who won.

Also, the chances of the DNC offering any money before now could have been pretty slim. Now that we have our candidate and the polling numbers initially are looking good, I think the DNC will ultimately put in a good amount.

Divernan

(15,480 posts)
5. Forget the DNC; it's $15 million in debt, w/$8 mil. bank loan due in June
Thu Jun 5, 2014, 08:17 AM
Jun 2014

I was shocked to learn this.

The Democratic National Committee knows it’s in a hole. But officials at the stripped-down official party arm insist they’re climbing back out.

Sure, the DNC is $15 million in debt, with an over $8 million bank loan due in June — an amount that exceeds its current cash on hand.
President Barack Obama may be starting to pay more attention to the DNC now that he’s feeling the midterm pressure, but that attention comes after five years of presidential disengagement, the last year spent prioritizing the independent Organizing for Action that sprouted from his reelection campaign.


Read more: http://www.politico.com/story/2014/02/dnc-were-still-here-104025.html#ixzz33lY69ZjZ


And although the DNC plans to outline grand plans for a resurgence at its winter meeting starting Thursday in Washington, former chairman Howard Dean fears it may never be as influential as it was when it helped re-elect President Barack Obama. "They can't be a force until they get rid of their debt," said Dean, who was DNC chairman from 2005-2009. "There was a very strong infrastructure that helped [Obama] get elected. "The problem is, they've also privatized a lot of that. It's not clear to me whether the DNC will ever be as strong as it was, but we'll have to see."

According to Roll Call, the DNC ended 2013 with $4.7 million in the bank and $15.6 million in debt, while the Republican National Committee had $9.1 million in the bank, debt free. The RNC figure has since climbed to $9.8 million, Politico says.

Politico reported that while super PACs are getting a major slice of donor money, the DNC is also facing competition as a political force from Organizing for Action, which was launched during Obama's last re-election campaign.

"They have a huge climb back because of OFA," said Dean, the 2004 Democratic presidential nominee and former Vermont governor, who Politico says is skeptical of his former group's ability to bounce back.


Read Latest Breaking News from Newsmax.com http://www.newsmax.com/Newsfront/Howard-Dean-DNC-debts-millions/2014/02/27/id/555132#ixzz33lZcfSej
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