Capitol Fax.com - Your Illinois News Radar » Today’s number: $80 Million cash on hand
SUBSCRIBE to Capitol Fax      Advertise Here      About     Exclusive Subscriber Content     Updated Posts    Contact Rich Miller
CapitolFax.com
To subscribe to Capitol Fax, click here.
Today’s number: $80 Million cash on hand

Thursday, Feb 18, 2016 - Posted by Rich Miller

* From ICPR…

Hi Rich,

Here’s this week’s Illinois Sunshine update - we added up all of the funds on hand for both parties, and found that Dems have over $34 Million and the GOP has over $28 Million.

Just one month before the March 15th Illinois Primary, both political parties in Illinois have amassed major war chests to aid their goals of upsetting (or defending) the balance of power in state government. The Democratic side, consisting of Senate, House, Leadership, and Party Committees, currently holds over $34 Million. Illinois Republican funds, consisting of those plus the Governor’s committee, currently have over $28 Million ready to spend. The top three Super PACs in the state, each with an individual balance of over $1 Million, have a total of $16 Million in the bank.

This all amounts to nearly $80 Million in cash on hand between both parties. This is in addition to the $17 Million already spent in the first month and a half of 2016.

Democratic funds come mostly from rank and file committees and the Leadership committees (which have fewer contribution limits than a normal PAC.) The Republican side is financed mostly by the Governor’s candidate committee, which maintained an impressive and steady balance for most of 2015.

Senate, House and Super PACs

The 39 Democratic State Senators have over $10 Million in their committee funds, while the 20 Senate Republicans have $2.8 Million. Of that $2.8 Million, $550,000 comes from Republican Leader Christine Radogno’s PAC. Another $300,000 is from the committee for Sam McCann, who faces a fierce primary race for the 50th District.

In the House, the 71 Democratic members have raised $16.8 Million, while the 47 Republicans have only $4 Million available. Illinois House Republican Leader Jim Durkin’s committee makes up $820,000 of House Republican funds.

Last but not least, there are three Super PACs that have set themselves apart in this election cycle by raising far more than any others (the fourth most funded, Personal PAC, has $690,707 on hand.) These totals are not included in the parties’ “Total Funds” above, but there are clear links between two of these committees and the Republican Party. The goal of Turnaround Illinois is to support the Governor’s agenda, and it has become the second highest donor to Liberty Principles PAC. The two groups also share donors. The IllinoisGO connection is more tenuous, but many believe it exists to fund Democrats who are willing to support the Governor’s agenda. Their heavy involvement in the Dunkin vs Stratton race has given weight to this theory.

These groups have already made a statement in certain races, and will almost certainly continue to do so until the General Elections in November.

Here’s the link to the entire update: http://conta.cc/24cVDmd. It is also included below.

Best,

Sarah Brune
Executive Director
Illinois Campaign for Political Reform

       

15 Comments
  1. - Oswego Willy - Thursday, Feb 18, 16 @ 3:58 pm:

    To - AA - and - Wordslinger -,

    I am so sorry the Firm is “outside, looking in”.

    It’s on me. I’m sorry.

    Man, $80 million. Whew.


  2. - Chicago Cynic - Thursday, Feb 18, 16 @ 3:59 pm:

    I love those guys, but the headline on the email they sent is totally misleading. It suggests D’s have $6 million more but when you add in the Gov’s Superpacs - which are at the bottom of a long email, it shows a $10 million+ deficit.

    Cmon ICPR - show some knowledge of how this game actually works.


  3. - 47th Ward - Thursday, Feb 18, 16 @ 4:04 pm:

    ===and found that Dems have over $34 Million and the GOP has over $28 Million.===

    I agree with Willy that not all Republicans are Raunerites, but for purposes of this comparison, it’s fair to say Liberty Principles, IL Go and the Turnaround SuperPac are in the Republican column.

    So as Cynic correctly notes, that lede is about as misleading as it can get. Democrats do not have a fundraising advantage. Not even close.


  4. - kimaye - Thursday, Feb 18, 16 @ 4:06 pm:

    dumping buckets of green gasoline on a fire


  5. - Oswego Willy - Thursday, Feb 18, 16 @ 4:15 pm:

    - 47th Ward -

    I’m glad you see that. It breaks my heart, bud


  6. - Upside Down - Thursday, Feb 18, 16 @ 4:15 pm:

    The balance in the state’s general revenue fund today is $45 million.


  7. - Anonymous - Thursday, Feb 18, 16 @ 4:30 pm:

    $80Mill.

    Both Madigan and Rauner will obviously give their share generously, without expectations or strings in exchange for their cash and support.


  8. - Cabildero - Thursday, Feb 18, 16 @ 4:31 pm:

    Wait a minute. I thought the Gov controlled $34 million.


  9. - PENSIONS ARE OFF LIMITS - Thursday, Feb 18, 16 @ 4:54 pm:

    These numbers are much more pertinent than budget numbers.


  10. - Sarah Brune (ICPR) - Thursday, Feb 18, 16 @ 4:58 pm:

    For clarification: the purpose of this research was not to show that one side has a fundraising advantage, but rather to show how much money is in the system and where it’s coming from. Both sides have raised an inordinate amount of money and will continue to do so.

    While much of the Super PAC money is tied to Republicans, which I do explain, I felt it was disingenuous to add those funds to the Republican total - they are not declared that way with the SBOE (which is a choice Super PACs can make when registering their committee.) I do include them in the totals in the top paragraph, and they are included in the overall cash on hand.


  11. - Bleh - Thursday, Feb 18, 16 @ 5:21 pm:

    How much of this is going to Dunkin?


  12. - Arthur Andersen - Thursday, Feb 18, 16 @ 6:26 pm:

    It’s ok, Willy. -sobbing-


  13. - zatoichi - Thursday, Feb 18, 16 @ 7:20 pm:

    That’s a lot of commercials to ignore, ads that blur into the background, robos to hang up on, and mailers to file in the trash.


  14. - burbanite - Thursday, Feb 18, 16 @ 9:23 pm:

    Illinois United for Change, may want to keep an eye on that one too.


  15. - illinois manufacturer - Friday, Feb 19, 16 @ 8:26 am:

    The govs friend Ken is having some problems at Citadel and seems more interested in art right now …wonder if that would have an effect on his donations.


Sorry, comments for this post are now closed.


* Roundup: Ex-Chicago Ald. Danny Solis testifies in Madigan corruption trial
* Open thread
* Isabel’s morning briefing
* SUBSCRIBERS ONLY - Today's edition of Capitol Fax (use all CAPS in password)
* Live coverage
* Selected press releases (Live updates)
* Yesterday's stories

Support CapitolFax.com
Visit our advertisers...

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

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

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

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

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

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


Loading


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

Archives
November 2024
October 2024
September 2024
August 2024
July 2024
June 2024
May 2024
April 2024
March 2024
February 2024
January 2024
December 2023
November 2023
October 2023
September 2023
August 2023
July 2023
June 2023
May 2023
April 2023
March 2023
February 2023
January 2023
December 2022
November 2022
October 2022
September 2022
August 2022
July 2022
June 2022
May 2022
April 2022
March 2022
February 2022
January 2022
December 2021
November 2021
October 2021
September 2021
August 2021
July 2021
June 2021
May 2021
April 2021
March 2021
February 2021
January 2021
December 2020
November 2020
October 2020
September 2020
August 2020
July 2020
June 2020
May 2020
April 2020
March 2020
February 2020
January 2020
December 2019
November 2019
October 2019
September 2019
August 2019
July 2019
June 2019
May 2019
April 2019
March 2019
February 2019
January 2019
December 2018
November 2018
October 2018
September 2018
August 2018
July 2018
June 2018
May 2018
April 2018
March 2018
February 2018
January 2018
December 2017
November 2017
October 2017
September 2017
August 2017
July 2017
June 2017
May 2017
April 2017
March 2017
February 2017
January 2017
December 2016
November 2016
October 2016
September 2016
August 2016
July 2016
June 2016
May 2016
April 2016
March 2016
February 2016
January 2016
December 2015
November 2015
October 2015
September 2015
August 2015
July 2015
June 2015
May 2015
April 2015
March 2015
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




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