Thursday, Feb 6, 2014
* From a press release…
The PAC he’s talking about is here.
And $200K ain’t much, if you ask me. They’re gonna need a lot more than that to do any damage to Bruce Rauner.
* Meanwhile, the Daily Herald looks at the money race in the Republican US Senate primary…
Truax did report raising $107K in the fourth quarter. However, you have to be extra careful when looking at federal candidate disclosure reports.
$18,200 in Truax contributions during the fourth quarter were specifically set aside for the general election. In the third quarter, the money Truax raised included $21,800 for the general election.
Truax reported having a little over $44K on hand at the end of the fourth quarter. But he can’t use $40,000 of that until after the primary ($18,200 plus $21,800).
So, the bottom line is that Truax had only about $4K on hand for the final push.
* Also, it’s worth pointing out here that Jim Oberweis loaned himself a half million dollars. That means he may have to eventually approach PACs and others to help pay off his debt to himself.
This is common practice in campaigns.
Bruce Rauner, on the other hand, is breaking tradition and flat-out contributing money to his campaign. None of his bigtime contributions to himself are listed as loans. I asked the Rauner campaign about this the other day and this is the e-mailed reply…
If you got it, you got it, I suppose.