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Kennedy raised just $700K in second quarter, spent almost all of it

Tuesday, Jul 18, 2017

* Press release…

Chris Kennedy’s campaign for governor announced today that it continues to gain momentum from supporters throughout Illinois, having received nearly 6,000 contributions totaling about $1.79 million since the campaign launched earlier this year, with more than $700,000 of that coming in the second fundraising quarter.

The announcement comes on the same day that the campaign named Bill Daley as campaign finance chairman. Daley, former U.S. Secretary of Commerce under President Bill Clinton, served more recently as Chief of Staff to President Barack Obama.

“Illinois residents’ votes aren’t for sale. They won’t replace one billionaire for another. That’s why thousands of Illinois residents contributed to Chris Kennedy’s campaign,” Daley said. “Chris is the only candidate ready to bring fundamental change to Springfield and restore the promise of the American Dream to Illinois families. The latest poll numbers, coupled with the fundraising progress to date from across the state, proves that Chris has the support to do just that.”

The poll, released last week, shows that without spending any money on advertisements, Kennedy leads the race by 6 points at 44 percent.

* The campaign filed its report on paper last night because it had some software issues. The filing shows he raised $704K and spent $652K, a very high burn rate. Chris appears to be the only Kennedy family member who has trouble raising money.

He sure knows how to spend it, though. Compare his money raised and money spent to Daniel Biss, for instance…


* And the rest…



- Posted by Rich Miller        

53 Comments
  1. - Curl of the Burl - Tuesday, Jul 18, 17 @ 9:59 am:

    Biss’s fundraising and cash-on-hand is pretty good considering he is running against a Kennedy and a Pritzker. I am thoroughly impressed. Even if he (likely) does not survive the primary he has surely shown that he will be a future player and will be ready to compete statewide in 2020 or 2022. He would be a good U.S. Senate candidate when Dick Durbin retires.


  2. - Arsenal - Tuesday, Jul 18, 17 @ 10:01 am:

    Ugh, Bill Daley.


  3. - TopHatMonocle - Tuesday, Jul 18, 17 @ 10:02 am:

    Question: How many political consultants and campaign staffers does it take to screw in a lightbulb?

    Chris Kennedy’s answer: I don’t know, but here’s $400,000 to figure it out. Be sure to spend it all in the next three months.

    …Three months later…

    Chris Kennedy: Hey weren’t you guys supposed to screw in that lightbulb?


  4. - Epic - Tuesday, Jul 18, 17 @ 10:02 am:

    Man, Biss raised more and spent less then Kennedy. That’s the type of fiscal responsibility I’m looking for in a candidate/S

    Anyway another step in the slow decline of Kennedy, he’s going to fight to stay in first but at some point JB will overtake him. I assume of course, crazier things have happened


  5. - Veil of Ignorance - Tuesday, Jul 18, 17 @ 10:03 am:

    Biss looking like the one who’ll square off w/Pritzker next March. Good for him to pace himself. Little surprised by Pawar’s numbers…thought they might be higher.


  6. - JoeMaddon - Tuesday, Jul 18, 17 @ 10:03 am:

    Chris Kennedy’s inability to raise money is baffling.

    Chris Kennedys ability to burn through is cash is not surprising.

    Chris Kennedy’s attempt to run as an outsider while bringing on Bill Daley is just amusing.


  7. - Blue Bayou - Tuesday, Jul 18, 17 @ 10:04 am:

    Daley’s support is a negative for Kennedy, if you’re a progressive.


  8. - Joe Bidenopolous - Tuesday, Jul 18, 17 @ 10:05 am:

    Bill Daley. HAHAHAHAHAHAHAHAHA. His political acumen has proven to be an elusive commodity. At least he’s not floating his own name for the umpteenth time.


  9. - Wizzard of Ozzie - Tuesday, Jul 18, 17 @ 10:06 am:

    Not good numbers at all from Kennedy. But he clearly delayed payments from the 1st quarter that showed up on this one.

    Also, there are a lot of big money people on his D-2 (Lester Crown, Dan Levin, etc), which says to me that he’s just making the full ask. He’ll have to do better… or he can’t win.


  10. - DuPage - Tuesday, Jul 18, 17 @ 10:07 am:

    Rauner: Ha! Pocket change!


  11. - Juvenal - Tuesday, Jul 18, 17 @ 10:08 am:

    Sweet baby Jesus, Bill Daley was a lead architect on Bruce Rauner’s transition team.

    What is Kennedy thinking?


  12. - wordslinger - Tuesday, Jul 18, 17 @ 10:08 am:

    The big money Kennedy myth is just that. It ain’t 1960.

    Ted Kennedy had to take a second mortgage in his Senate race vs. Mitt Romney.


  13. - Curl of the Burl - Tuesday, Jul 18, 17 @ 10:18 am:

    J.B. raised pretty much every penny from…himself…


  14. - Oswego Willy - Tuesday, Jul 18, 17 @ 10:20 am:

    I go back to my previous comment and leak it at this…

    ===- Oswego Willy - Thursday, Jun 8, 17 @ 9:45 pm

    For me, this is more signaling and preparation…

    Kennedy is going to need $8-10 million to honestly compete, and build a significant ground game to feed off the 44% that Kennedy had at a baseline.

    Now, Pritzker, if these monies are used to go very negative, direct negative to Rauner, and use the “bounce” of the AFL-CIO endorsement to build infrastructure with the AFL-CIO… and protect GA Dems… all the while doing all this spending as a signal that Pritzker isn’t going anywhere, if anything, digging in deeper… and preparing for stormier weather ahead, and also preparing to show off that infrastructure by feeding it the needed monies for that growth.

    Gotta figure that Pritzker will get close to that $50 million when March finally comes, but this $12… this is groundwork and signaling that that $50 million is no joke, and it’s going to be spent to do the job that needs to be done.

    We’ll see how it plays.===

    It played poorly for Kennedy.

    Kennedy is $7-8 million short, and that 44% name ID starting now, which should be noted it’s also been stagnant, is going to be hurting to stop Pritzker and Biss in growing, and won’t be helping Kennedy build and solidify that 44%.

    It’s embarrassing for Kennedy.

    Like “run to the elevator and hide” embarrassing.


  15. - W.S. Wolcott - Tuesday, Jul 18, 17 @ 10:21 am:

    I can’t believe no one jumped on Drury yet. That usually happens by comment 10 for sure.


  16. - TopHatMonocle - Tuesday, Jul 18, 17 @ 10:21 am:

    Curl of the Burl, go to JB’s website and click the donate button. It will literally take you to a page where he says “I don’t want your money”.


  17. - Anonymous - Tuesday, Jul 18, 17 @ 10:22 am:

    Kennedy did get a contribution from Larry David. That’s gotta be first for Illinois.


  18. - Mama - Tuesday, Jul 18, 17 @ 10:30 am:

    There are to many people running on the Dems ticket. That is not good.

    Who the heck is Daiber, and where is he from?


  19. - Oswego Willy - Tuesday, Jul 18, 17 @ 10:30 am:

    Ok, let’s look a Pawar and get a real perspective of what his COH means in the overall

    Pawar has $230K, COH

    Jim Edgar, the “dormant CFE” account has $387K,

    Edgar has been out of politics since…

    I offer up the “CFE Rule” for anyone running for Governor of Illinois…

    If you don’t have more cash on hand by the July before the March Primary than CFE has had parked… you can’t be taken seriously.

    The exception, (because this is a “rule”) is if a self-funder with widely acknowledged liquid assets that can pass “CFE” with a phone call and an EFT.

    That’s not Pawar.

    Pawar fails, per the “CFE Rule”


  20. - Curl of the Burl - Tuesday, Jul 18, 17 @ 10:30 am:

    Mr. Monopoly - er, TopHatMonocle - while that is all well and good Mr. Pritzker is going to have a brutal primary and could potentially face a man with $67 million CASH ON HAND and no primary.


  21. - Shytown - Tuesday, Jul 18, 17 @ 10:31 am:

    Not a good showing for Kennedy. That fundraising is as flat as a month old open can of coke. And bringing on Bill Daley doesn’t inspire a ton of confidence and kind of ironic bringing on another big family name after trying to reinvent himself as a political outsider.


  22. - Arsenal - Tuesday, Jul 18, 17 @ 10:32 am:

    ==Curl of the Burl, go to JB’s website and click the donate button. It will literally take you to a page where he says “I don’t want your money”.==

    That would be really funny, but I can’t find a donate button at all, which I suppose amounts to the same thing. But I’m here for the lolz, dammit.


  23. - Anonymous - Tuesday, Jul 18, 17 @ 10:32 am:

    A banner day for Kennedy. In a good way.


  24. - Springfieldish - Tuesday, Jul 18, 17 @ 10:32 am:

    W.S. - Business before pleasure.


  25. - Anon - Tuesday, Jul 18, 17 @ 10:33 am:

    Lots of money going for out of state consulting services.


  26. - Anon - Tuesday, Jul 18, 17 @ 10:36 am:

    Sorry, thats lots of money going to outside consulting from Kennedy. Also, very little support from people with the last names Kennedy, Shriver, lawford, or smith. Also, very little support from people in the Kennedy political world from MA and elsewhere. Just poor effort all the way around.


  27. - titan - Tuesday, Jul 18, 17 @ 10:38 am:

    +++ - Anonymous - Tuesday, Jul 18, 17 @ 10:22 am:
    Kennedy did get a contribution from Larry David. That’s gotta be first for Illinois. +++

    No, he contributed to Rahm in 2011


  28. - Anon0091 - Tuesday, Jul 18, 17 @ 10:45 am:

    “- Anonymous - Tuesday, Jul 18, 17 @ 10:32 am:

    A banner day for Kennedy. In a good way.”

    You mean like in a “vow of poverty” sort of way?


  29. - Amalia - Tuesday, Jul 18, 17 @ 10:46 am:

    chief of staff to President Obama is somehow a negative if you are progressive. so President Obama made a bad choice?


  30. - Anon - Tuesday, Jul 18, 17 @ 10:48 am:

    Amalia, thats a poor point. Bill Daley was a “door closed” chief of staff. He never fit in in the Obama White House.


  31. - Anon0091 - Tuesday, Jul 18, 17 @ 10:48 am:

    Actually Amalia, Bill Daley is a negative in lots of ways. This might be a better illustration.

    http://wgntv.com/2014/11/06/bill-daley-named-to-bruce-rauners-transition-team/


  32. - Arsenal - Tuesday, Jul 18, 17 @ 10:50 am:

    ==No, he contributed to Rahm in 2011==

    Well, Ari is his agent.


  33. - Anon0091 - Tuesday, Jul 18, 17 @ 10:50 am:

    Kennedy needs to pick a lane. As I’ve said for months, Mr. Outsider is an absurdly hypocritical look for him as he originally tried to be Mr. Insider. So now you’ve got Mr. Outsider railing against the system by tapping that well known rabble-rousing outsider BILL DALEY as a FR chair for the campaign? Umm, yea.


  34. - Six Degrees of Separation - Tuesday, Jul 18, 17 @ 10:52 am:

    What is even funnier is that Larry David was the star of a cable show called “Curb Ypur Enthusiasm.”


  35. - TopHatMonocle - Tuesday, Jul 18, 17 @ 10:52 am:

    Arsenal, looks like they took the page down. Luckily the internet never forgets (someone tell that to prospective Rauner staffers). Here is the archived page:

    https://web.archive.org/web/20170618110915/jbpritzker.com/contribute


  36. - cover - Tuesday, Jul 18, 17 @ 10:54 am:

    = I can’t believe no one jumped on Drury yet. That usually happens by comment 10 for sure. =

    OK, I’m game: Scott Drury has friends?


  37. - Good night - Tuesday, Jul 18, 17 @ 10:58 am:

    It’s time for this to be a Pritzker v Biss race. The others need to say good night. These 2 are the only serious candidates. Let the primary begin!


  38. - Sue - Tuesday, Jul 18, 17 @ 11:02 am:

    Someone needs to ask every Dem candidate their plans for addressing the budget in advance of their nomination. Given the influence of public unions on the Dem side it would be nice to know how they think they can be any better at addressing pensions and state spending requirements along with appropriate revenue availabilties. I think they will all see that Rauner isn’t causing our fiscal problems and that whoever is the next governor will face the same realities


  39. - Periwinkle - Tuesday, Jul 18, 17 @ 11:07 am:

    Pawar’s had a nice run and can leave on a high note, but this confirms that right now he’s not in a position to be a serious contender. Time to consider dropping out and campaigning for his friend Biss.


  40. - Arsenal - Tuesday, Jul 18, 17 @ 11:08 am:

    == I think they will all see that Rauner isn’t causing our fiscal problems==

    He’s just not fixing them and letting them get worse through apathy.


  41. - Anon0091 - Tuesday, Jul 18, 17 @ 11:18 am:

    If it’s supposed to be a Pritzker v Biss race, doesn’t Biss need to start showing up in polls? Double digits would be nice. I haven’t seen the Kennedy poll but if Pritzker and Kennedy combine for 84 points, that means Biss is probably no more than 5 percent. He needs to show he has some appeal outside of Evanston and the North Shore.


  42. - City Zen - Tuesday, Jul 18, 17 @ 11:19 am:

    ==it would be nice to know how they think they can be any better at addressing pensions and state spending requirements along with appropriate revenue availabilities.==

    I’ll save you the trouble: Each candidate will regurgitate “progressive income tax” and get everyone to think only millionaires (ie someone else) will pay more under the new structure. Then they will offer zero guarantee that the brackets won’t trickle down to the not-so rich because once the progressive tax pandora’s box is opened, they won’t have to answer to anyone.


  43. - City Zen - Tuesday, Jul 18, 17 @ 11:24 am:

    ==Pawar’s had a nice run and can leave on a high note==

    Perhaps Cook County Board Commissioner? Preckwinkle is vulnerable.


  44. - My Name - Tuesday, Jul 18, 17 @ 11:41 am:

    Biss is looking better and better.

    Can anyone confirm that Biss was an option in Kennedy’s recent poll?


  45. - Oswego Willy - Tuesday, Jul 18, 17 @ 12:07 pm:

    My sincere congratulations to Sen. Biss.

    His continued “slow and steady” growth, both in financials and organization is something to take quite seriously, and when petition time rolls around, we avian will see if Team Biss can continue to show growth and the upward arrow seen with the filing.


  46. - Robert the Bruce - Tuesday, Jul 18, 17 @ 12:17 pm:

    ==Can anyone confirm that Biss was an option in Kennedy’s recent poll?==
    Not sure, but Biss hasn’t spent much money yet. Polling numbers move after candidates spend.


  47. - Arsenal - Tuesday, Jul 18, 17 @ 1:12 pm:

    ==so President Obama made a bad choice?==

    Yes. I think at this point even Obama would acknowledge that Daley wasn’t right for his team.


  48. - JP Altgeld - Tuesday, Jul 18, 17 @ 1:28 pm:

    OW came to play in this exchange. Lots of good stuff.


  49. - west wing - Tuesday, Jul 18, 17 @ 1:29 pm:

    Glenn Poshard, who’s helping the democratic county chairs as a speaker, served with Bill Daley on the transition team. That group wasn’t a partisan group - it was bi partisan, non partisan.


  50. - Oswego Willy - Tuesday, Jul 18, 17 @ 2:22 pm:

    - JP Altgeld -

    Thanks. Appreciate it.

    These reports tell much more than the dollars. That’s part of the “Parlor-Game” fun of campaigns.

    OW


  51. - Free Set of Steak Knives - Tuesday, Jul 18, 17 @ 5:24 pm:

    Kennedy’s performance is embarrassing.

    I hope someone posts all of his consultants so they can be pilloried.


  52. - Anonymous - Tuesday, Jul 18, 17 @ 7:52 pm:

    Bill Daley is a good Democrat, not a loonie tax and spender.


  53. - Been There - Tuesday, Jul 18, 17 @ 9:18 pm:

    Lots of money on research. Sometimes that’s enough to knock out the competitors if it pans out the right way. Of course I’m sure there is plenty of research about Kennedy also.


Sorry, comments for this post are now closed.


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