SUBSCRIBE to Capitol Fax      Advertise Here      Mobile Version     Exclusive Subscriber Content     Updated Posts    Contact
CapitolFax.com
To subscribe to Capitol Fax, click here.
Rauner claims he raised $8 million with $3.5 mil on hand

Tuesday, Jul 15, 2014

* AP

Republican Bruce Rauner says he raised about $8 million in the second quarter and has about $3.5 million on hand for his bid for Illinois governor.

The Winnetka businessman’s campaign released fundraising totals Tuesday for the three-month period that ended June 30.

Rauner also claims to have received more than 8,500 contributions in the quarter. Gov. Quinn was vastly outraised, but he has lots more cash on hand.

- Posted by Rich Miller        


25 Comments
  1. - Oswego Willy - Tuesday, Jul 15, 14 @ 2:47 pm:

    Reality?

    Rauner’s numbers are more about the amount he spends, versus what he raises.

    Rauner can get any amount of money meeting any need, with a half dozen phone calls to big donors.

    As to the 8,500 donors, good on them, but the news in Rauner financials for this race is not keeping track of the incoming, it’s really about the Rauner outgoing.

    What is the amount being spent, when money is no worry.

    Rauner will not be outspent or out-raised, no matter the snapshot of the D-2.


  2. - Norseman - Tuesday, Jul 15, 14 @ 2:48 pm:

    Like the old saying goes, you can’t take it with you. Rauner is spending it while Quinn evidently wants to hold on to the money for awhile.


  3. - Whatever - Tuesday, Jul 15, 14 @ 2:49 pm:

    Quite the burn rate! Looks like a lot of consultants are getting well paid. Hope they can actually turn out votes for Bruce.


  4. - wordslinger - Tuesday, Jul 15, 14 @ 2:50 pm:

    Boy, he’s burning through money. Has he been on TV that much? I haven’t seen anything since the “she’s a Democrat, but I still lover her” spot.


  5. - When I'm in the Thompson Center I eat at Arby's - Tuesday, Jul 15, 14 @ 3:03 pm:

    If Rauner began the Quarter with 1.4 Million, raised 8 million, and closed with 3.5 million, then he spent 6 million in 3 months!

    6 MILLION! Between April 1 and June 30, the DEAD PERIOD!

    Brace yourself for a full-on Rauner ad onslaught in the next 4 months.


  6. - Anonymous - Tuesday, Jul 15, 14 @ 3:03 pm:

    When you’ve got a virtually endless wick, burn rate isn’t a concern; spending on what you feel is necessary to get the job done is.


  7. - Anonymous - Tuesday, Jul 15, 14 @ 3:10 pm:

    I’m curious how much of those expenditures were donations to others. IE the report earlier that they raised 800k+ the first week of July, and sent 750k to the ILGOP


  8. - Rahm's Parking Meter - Tuesday, Jul 15, 14 @ 3:12 pm:

    The burn rate is still too high.


  9. - The Prince - Tuesday, Jul 15, 14 @ 3:12 pm:

    WS: He had a negative ad on TV this morning. Rauner will not go dark. And after Labor Day we will see the Mother of All Media Buys.


  10. - The Prince - Tuesday, Jul 15, 14 @ 3:15 pm:

    OW: Good call on the characterization of the D2: it is a snapshot in time, like a balance sheet is in the world of GAAP. And the only poll that counts is the one they take on Election Day.


  11. - Oswego Willy - Tuesday, Jul 15, 14 @ 3:22 pm:

    Perspective?

    If I were the Rauner Crew, I would have waited, and asked Ken Griffin to wait until July 10th or so to donate the $2.5 million

    But, the burn rate would have put, on hand about a million with $750K still to the ILGOP.

    Now we might know why Ken Griffin gave the $2.5 million, as he did, when he did;

    So $3.5 million on hand looks better than a million on hand…

    While they both make over a million a week in personal income.

    Mind boggling. The Rauner Crew is worried about a possible “light” coffer report when money is no object it no worry!

    Yikes.


  12. - Downstate - Tuesday, Jul 15, 14 @ 3:26 pm:

    Ironic that the liberal is putting money away for the rainy day, while the conservative is spending it as fast as it’s coming in.


  13. - Honest Abe - Tuesday, Jul 15, 14 @ 3:29 pm:

    All the more reason if he does not show his tax returns he can not be trusted by the people of this state


  14. - Anonymous - Tuesday, Jul 15, 14 @ 3:52 pm:

    ==But, the burn rate would have put, on hand about a million with $750K still to the ILGOP.==

    They reported raising over $850k from July 3-7, so that 750k would have no effect on the June 30 COH


  15. - Oswego Willy - Tuesday, Jul 15, 14 @ 4:01 pm:

    ===They reported raising over $850k from July 3-7, so that 750k would have no effect on the June 30 COH===

    Apologies, typing shorthand on the phone.

    This is what I meant, good point;

    ==But, the burn rate would have put, on hand about a million with $750K still to the ILGOP.==

    “But, the burn rate would have put, on hand about a million with $750K still to go the ILGOP.”

    With $3.5 less $2.5, a million on hand. Period, new thought.

    Thanks for pointing out the $850+K raised.

    The point still remains; the $2.5 million is huge in making the balance on hand $3.5 million, not that it remotely matters in reality, just in optics.

    The irony of “only” having a million on hand for a man who made over a million a week in 2012 is just mind blowing.

    (Tips cap to - The Prince - for the props)


  16. - Anonymous - Tuesday, Jul 15, 14 @ 4:02 pm:

    Abe, I believe he has shown his returns for ‘11 and ‘12 and has yet to file his return for ‘13.


  17. - Smells like Arby's - Tuesday, Jul 15, 14 @ 4:07 pm:

    Report is live

    http://elections.illinois.gov/CampaignDisclosure/D2Quarterly.aspx?id=538140


  18. - Oswego Willy - Tuesday, Jul 15, 14 @ 4:20 pm:

    In this report, Ken Griffin reported $2.5 million and $500K in donations.

    That’s $3 million. COH, $3.5 million.

    The burn rate is ridiculously high, even with the unlimited piggy bank.

    Take out the $3 million, that’s $5 million “raised”, and $500K on hand, a 90% burn rate.

    But, Griffin DID give the $3 million, and will give more to “influence”, because the “.01%ers” aren’t influencing enough.

    Fascinating D-2, and of the $8 million raised, 37% of it came from Griffin.


  19. - Snucka - Tuesday, Jul 15, 14 @ 4:24 pm:

    In other news, Dan Rutherford’s campaign fund purchased $1.1 million in mutual funds.


  20. - Whatever - Tuesday, Jul 15, 14 @ 4:51 pm:

    Pam Kinsey got $80k for one month! Bruce calls his gig bucks friends for money, and she get a a commission. Good work if you can get it.


  21. - Arthur Andersen - Tuesday, Jul 15, 14 @ 5:47 pm:

    -the burn rate is too high-

    (sobs quietly)


  22. - Just The Way It Is One - Tuesday, Jul 15, 14 @ 6:08 pm:

    Just a “spit in the bucket,” for ‘ol Bruce, as the ‘ol saying goes, especially when you’ve got $uper-duper, Mind-Boggling wealthy buds like the RICHEST MAN in ILLINOIS, ‘ol Kenny G., droppin’ in 37 cents out of every buck you bring in, like in this LAST Reporting Period, and, well, whenEVer that same bud feels like writin’ out ANOTHER such Check…let alone if ‘ol Bruce decides himSELF to drop in a Gazillion more for himself whenever he feels like it…! (This is what they call “buying Elections”–for those of you in abject denial, by the way, or at least TRYing to buy it)…!


  23. - DateNight - Tuesday, Jul 15, 14 @ 7:58 pm:

    Rauner bought his daughter’s way into an elite prep school, but he can’t buy the voters of Illinois.


  24. - Anonymous - Wednesday, Jul 16, 14 @ 7:47 am:

    there`s nothing that can`t be fixed with money


  25. - Lawyer In Peoria Il - Friday, Jul 18, 14 @ 10:13 am:

    Spot on with this write-up, I seriously believe that this website needs a great deal
    more attention. I’ll probably be returning to read more, thanks
    for the information!


Sorry, comments for this post are now closed.


* Reader comments closed for the weekend
* SUBSCRIBERS ONLY - More on the state grant suspensions
* SUBSCRIBERS ONLY - Fundraiser/event list
* How can we miss you if you won't go away?
* Question of the day
* Supreme Court justice ordered to testify
* Chicago downgraded
* Today's number: 4-6 weeks
* SUBSCRIBERS ONLY - Human service cuts and state grant suspensions
* Stating the obvious
* *** UPDATED x1 - Double-down *** They really make this too easy...
* Crain's: "Market-based" solution is rigged
* *** UPDATED x1 *** Even more problems for Schock
* Yesterday's blog posts

Support CapitolFax.com
Visit our advertisers...

...............

...............

...............

...............

...............

...............

...............

...............


Search This Blog...

Search the 98th General Assembly By Bill Number
(example: HB0001)

Search the 98th General Assembly By Keyword

          
        * We are live from MWC 2015 (Video)
        * The Week in iPad Cases: Rugged protection from Roocase and Kensington, and more
        * Take my advice: Do not take this guy's advice
        * First time carrying an iPhone daily driver
        * Level Up! The “Coming Soon” Edition
        * Grifta Morphing Gamepad works for consoles and Android gaming
        * Android’s Global Smartphone Profit Share only 11 percent, says Strategy Analytics

        * This Week's Top Downloads
        * The Federation Mourns (Comic)
        * AOMEI OneKey Recovery Creates a Custom Windows Recovery Partition
        * Create Better Ice Breakers By Knowing Your Audience and Objectives
        * BuzzFeed Says Its Dress Post Proves It Owns You. And It’s Right.
        * Perform Calculations, Conversions Right In The Chromebook App Launcher
        * Ask a Hospital for Financial Aid If You Can’t Pay the Bill

        * White Sox remain positive after Sale's injury
        * Sale's absence opens opportunity for Rodon, others
        * Sale fractures right foot in accident at home
        * Chris Sale fractures foot, resting for 3 weeks
        * Athletic Mitchell striving for consistent results
        * Sale fractures right foot in accident at home
        * Terrobytes: Jesse Crain and Nate Jones continue to make progress

        ...............


        Main Menu
        Home
        Illinois
        YouTube
        Pundit rankings
        Obama
        Subscriber Content
        Durbin
        Burris
        Blagojevich Trial
        Advertising
        Updated Posts
        Polls

        Archives
        February 2015
        January 2015
        December 2014
        November 2014
        October 2014
        September 2014
        August 2014
        July 2014
        June 2014
        May 2014
        April 2014
        March 2014
        February 2014
        January 2014
        December 2013
        November 2013
        October 2013
        September 2013
        August 2013
        July 2013
        June 2013
        May 2013
        April 2013
        March 2013
        February 2013
        January 2013
        December 2012
        November 2012
        October 2012
        September 2012
        August 2012
        July 2012
        June 2012
        May 2012
        April 2012
        March 2012
        February 2012
        January 2012
        December 2011
        November 2011
        October 2011
        September 2011
        August 2011
        July 2011
        June 2011
        May 2011
        April 2011
        March 2011
        February 2011
        January 2011
        December 2010
        November 2010
        October 2010
        September 2010
        August 2010
        July 2010
        June 2010
        May 2010
        April 2010
        March 2010
        February 2010
        January 2010
        December 2009
        November 2009
        October 2009
        September 2009
        August 2009
        July 2009
        June 2009
        May 2009
        April 2009
        March 2009
        February 2009
        January 2009
        December 2008
        November 2008
        October 2008
        September 2008
        August 2008
        July 2008
        June 2008
        May 2008
        April 2008
        March 2008
        February 2008
        January 2008
        December 2007
        November 2007
        October 2007
        September 2007
        August 2007
        July 2007
        June 2007
        May 2007
        April 2007
        March 2007
        February 2007
        January 2007
        December 2006
        November 2006
        October 2006
        September 2006
        August 2006
        July 2006
        June 2006
        May 2006
        April 2006
        March 2006
        February 2006
        January 2006
        December 2005
        April 2005
        March 2005
        February 2005
        January 2005
        December 2004
        November 2004
        October 2004

        Blog*Spot Archives
        November 2005
        October 2005
        September 2005
        August 2005
        July 2005
        June 2005
        May 2005

        Syndication

        RSS Feed 2.0
        Comments RSS 2.0
        WordPress

        Loading


        * Ex-Gov. Quinn pushes consumer rights, blasts Ra.....
        * Exelon warns nuke plants could close with finan.....
        * Chicago Nears Fiscal Freefall..
        * George Will: Reversing course in Illinois..


        * Moody's downgrades Chicago's rating over pensions
        * Butler picked as new Illinois lawmaker
        *
        * $1 million offered for ideas on stopping Chicago violence
        * Des Plaines alderman accused of trespassing in home
        * Plainfield teacher accused of sexually assaulting student
        * Moody's downgrades Chicago's rating over pensions
        * Bank official held in alleged fake robbery case
        * 2 skiers die at Breckenridge in span of 4 days
        * Ex-Gov. Quinn pushes consumer rights, blasts Rauner's budget

        * Tim Butler, congressional staffer, selected to fill former Rep. Rich Brauer's seat
        * Schock reimburses costs for lavish 'Downton Abbey' office decor
        * Brauer replacement could be chosen as early as Saturday
        * Quinn advocates consumer rights, blasts Rauner's budget
        * Rauner says he's 'staying out' of Chicago mayor's race
        * Quinn advocates consumer rights in Loyola speech
        * Judge won't delay sentencing for former state lawmaker Farnham
        * Lt. Gov. Sanguinetti says GOP should court women, Latinos
        * Explore salary information for the state of Illinois
        * State Rep. Raymond Poe to be back at work next week

        * Illinois hospitals, health care groups oppose Rauner's cuts to managed care
        * Why even mid-sized trading firms are hurting
        * What's happening with Chinatown's Tony Hu?
        * What's going on at Quick Leonard Kieffer?
        * National Louis University's radical rethink


          * Man held without bail in molestation of 4 girls
          * Lawyers wary of claim about Chicago police 'black site,' say abuse citywide
          * Waukegan man charged with shooting Fox Lake bar bouncer
          * Chicago ties 140-year-old record for coldest Feburary
          * Prosecutors: Pizza order led to driver's robbery, shooting in Dolton
          * 2 counties to decide on plan for Indiana Toll Road
          * Guilty verdict in Indiana gang murder conspiracy trial
          * Man charged with drug-induced homicide in death of Spring Grove woman
          * Trial set to begin for man accused in fatal stabbing at Naperville bar
          * Man surrenders to police after four-hour standoff in Lakeview


          * Illinois Not Alone In Post-Recession Budget Woes
          * Rauner’s Budget Poses Risk For Emanuel’s Re-election
          * History Series: The Importance Of "Poles" In Campaigning
          * Child Care Providers Rally in Capitol
          * Listen to State Week - February 27, 2015
          * Parents, Day Care Providers Worry About Child Care Funding
          * Inaccurate voter data could hurt Asian voter blocs, other ethnic groups
          * Concerns raised over interrogation tactics aren't unique to Homan Square
          * Unique Flavors
          * A Daily Realization


          * Scott Zeramby: Consider the environment as marijuana industry emerges in Illinois
          * Tim Butler, congressional staffer, selected to fill former Rep. Rich Brauer's seat
          * Charles Krauthammer: The fatal flaw in the Iran deal
          * Quote of the Day: Saturday, Feb. 28, 2015
          * Schock reimburses costs for lavish 'Downton Abbey' office decor
          * Brauer replacement could be chosen as early as Saturday
          * Quinn advocates consumer rights, blasts Rauner's budget
          * Our Opinion: Turbulent times ahead for Illinois lawmakers
          * Rauner says he's 'staying out' of Chicago mayor's race


          * post game show 2-28-15
          * Plays of the Game - Northwestern
          * Wisconsin man arrested after standoff on I-94 in Indiana
          * Basketball pick em game 17: Nebraska
          * Plainfield teacher accused of sexually assaulting student
          * Wichita State wins regular-season title; SIU to play Missouri State at Arch Madness
          * Police: Heroin-dealing suspect arrested in Washington Park with 2,600 doses
          * Street Reach: Red Bud woman honors homeless dad by helping the homeless
          * After a wintry start, week offers hope for warmth
          * Efficiency Stats - Northwestern


          * Marmion meets its match against No. 1 Oak Park
          * St. Charles North proud of 10th-place state finish
          * Desharnais scores 2 goals in Canadiens' 4-0 win over Toronto
          * Wizards end losing streak with 99-95 win over Pistons
          * Christie to Calif. Republicans: No rush to pick 2016 nominee

          * Mark Kirk's prepping for a barnburner — an...
          * Why are Democrats suddenly cheering in Ohi...
          * Mark Kirk's prepping for a barnburner — an...
          * Congresswoman Robin Kelly to Host Housing ...
          * Jewish disability activists lobby Congress
          * Combined Insurance Honored as Top Military...
          * Duckworth returns to Washington; Will she ...
          * Combined Insurance Honored as Top Military...
          * Seven Other Members Who Aren’t David Scott...
          * Oscars shocker: Most of the nominees are b...

          * "Skip It" Numbers Grow as Bibi Speech Looms...
          * Before the Assyrians Had to Flee ISIS...

          * AIPAC: We never opposed Netanyahu’s Congre......
          * Mark Kirk's prepping for a barnburner — an......

          * It Was So Much Fun, We're Voting Again On April 7th
          * Is Rauner urging Wilson to support Emanuel, or is he not?
          * Where's Weyermuller? At a Speakeasy with Chicago Young Republicans
          * Big Pharma's PR problem could stymie lawmakers' efforts to limit vaccine choices
          * State Rep. Wheeler: Human-Trafficking -- Closer to Home than You Think
          * FCC approves net neutrality
          * Crowdfunding proposal introduced in Illinois House
          * Di Leo: Illegal Immigration - Inflated Uproar Over A Single Issue?
          * Damage control.
          * Still crazy after all these years.


          * IEMA Urges People to Prepare for Severe Weather - Tornadoes, floods and severe storms can happen any time of year
          * IDHS helps more than 5,000 individuals with disabilities find jobs - Program offers necessary tools to earn a living wage and become more independent
          * 24th Anniversary Desert Storm Remembrance Ceremony
          * Illinois Department of Human Rights Announces 2015 Spring Training Schedule
          * Snow and Freezing Rain to Impact Travel in Illinois - IDOT Crews Prepared to Battle Winter Weather this Weekend




              Hosted by MCS SUBSCRIBE to Capitol Fax Advertise Here Mobile Version Contact Rich Miller