Posted by Barton Lorimor (@bartonlorimor)
* From Crain’s…
Gov. Pat Quinn’s campaign fund is bursting with nearly $8.8 million, giving the Democrat a 6-1 financial advantage over Republican challenger Bruce Rauner, an early sign of what is likely to be one of the most expensive elections in Illinois history.
Mr. Rauner raked in nearly $9.2 million during the first three months of 2014, a crucial period of fundraising that included the March 18 primary, in which he defeated state Sen. Kirk Dillard by a closer margin than expected.
But Citizens for Rauner Inc. spent nearly all that money, leaving the campaign with almost $1.4 million available on March 31. Fundraising is not expected to be an issue for Mr. Rauner, a private-equity investor from north suburban Winnetka who already has reportedly contributed $6.6 million to his own campaign over the past 13 months.
So what if he spent it all? Even if Quinn has more cash on hand at the moment, the Governor won’t be writing himself checks like Rauner…
Of the more than $9 million raised — more than half, $5.3 million — came from Rauner’s own pocket, according to campaign spokesman Mike Schrimpf.
Quinn didn’t raise more in the opening quarter than Rauner contributed.
Rauner’s quarterly report is here. Gov. Quinn’s is here.
* Mayor Emanuel reported $7 million in cash on hand…
Nearly $104,000 came from political donors in Texas, courtesy of a fundraiser thrown in Austin by the concert promoters who put on the Lollapalooza music festival in Grant Park every summer. The fundraiser, hosted at a private home by the co-founders of C3 Presents, coincided with the mayor’s trip to sell Chicago to tech-savvy entrepreneurs attending Austin’s South By Southwest festival.
* Oberweis says he and Durbin are both millionaires
* Carl Officer forms SuperPAC to support GOP candidate: “I am sure we will hear the moans and groans from our Democrat friends regarding our decision in this endorsement and support of a Republican,” Officer said. “However, we ask them to consider whether we do not need a totally different approach for all Illinoisans to have a chance to carve out their share of that American dream.”