Hot on the heels of Ted Cruz’s $1 million+ Q3 comes news that David Dewhurst raised $2.64 million in contributions. He also threw in $2 million of his own money, and has $4 million in cash on hand.
That’s serious money, and having raised that much in essentially a month is impressive, no matter how you slice it. Still, Dewhurst was always seen as the “bank” in the race, and as someone who’s run successful, high profile statewide races before, it’s no surprise that his fundraising operation hit the ground running. A good portion of that $2.64 million is no doubt coming from Dewhurst supporters who were sitting on the sidelines waiting for him to get into the race, or business interests hoping to “back the winning horse.” It will be interesting to see if he can maintain that torrid pace in Q4.
If there’s any cause for optimism among the Cruz campaign is that Dewhurst only put in $2 million of his own money in Q3, which means he still may be underestimating Cruz, as Dewhurst is purported to be so rich that he could easily give 10 times that much.
I hope to provide some additional context to those fundraising totals in the next day or so…
(Note: Totals corrected. When I first put this up, I said he raised $2.4 million, but that’s actually how much he raised over the last 31 days in the period.)
Tags: 2012 Election, David Dewhurst, Elections, fundraising, Ted Cruz, Texas, Texas Senate Race
[…] Lawrence Person's BattleSwarm Blog Attacking so fast they won't know what hit them… « Dewhurst Raises $2.64 Million, Throws in $2 Million in Self-Funding, Has $4 Million On Hand […]
[…] this is a prelude to saying that Dewhurst’s and Cruz’s Q3 fundraising numbers are interesting, but hardly dispositive. There’s still a lot […]
[…] chicken-feed, those numbers seem really disappointing to me, especially given that he pulled in $2.64 million in donor contributions in Q3. Those are just donor numbers, and we don’t know much of Dewhurst’s own […]