Two GOP Challengers Have More Cash Than McHenry

Every fundraising quarter there are a handful incumbents who raise eyebrows by allowing a pesky challenger to outraise them. But during the 4th quarter, Rep. Patrick McHenry (R-N.C.) accomplished the even rarer feat of having two challengers report more cash on hand than he did on Dec. 31.

And what's even more interesting is that both those challengers are fellow Republicans.

McHenry raised about $112,000 during the fourth quarter of 2009 and had about $149,000 in cash on hand as of Dec. 31.

Dentist and Iredell County Commissioner Scott Keadle topped those totals with about $270,000 in receipts from October to December and about $274,000 in the bank at the end of 2009.

Another Republican, entrepreneur Vance Patterson , reported $250,000 in receipts and the same amount in cash on hand at the end of 2009.

Both challengers were able to outperform McHenry in the money chase by reaching deep into their own pockets.

http://blogs.cqpolitics.com/eyeon2010/2010/02/two-gop-challengers-have-more.html

???

Go figure.

I bet there's lots of corporate strings attached to McHenry's pile o' money.