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Nevilledog

(51,197 posts)
Fri Jul 15, 2022, 02:49 PM Jul 2022

JD Vance's Campaign Fundraising Is Down to Its Bootstraps



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Roger Sollenberger found true love, suckers
·
Jul 15, 2022
NEW: JD Vance's Senate campaign is a quarter of a million dollars in the hole, with just four months until the election. Me @thedailybeast

thedailybeast.com
JD Vance's Campaign Fundraising Is Down to Its Bootstraps
It’s not the full picture for Vance, whose fundraising operation includes a leadership PAC and joint fundraising committees. But even that isn’t much better.

Roger Sollenberger found true love, suckers
@SollenbergerRC
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Vance is a household name & he just won the primary, but he can't convert that to small-dollar support. He relies on outside money from wealthy benefactors like billionaire Peter Thiel, who has put $15 million behind Vance's candidacy—nearly five times the amount Vance has raised
11:14 AM · Jul 15, 2022


https://www.thedailybeast.com/jd-vances-campaign-fundraising-is-down-to-its-bootstraps

No paywall
https://archive.ph/mDxCe

The JD Vance campaign is broke.

That’s the key takeaway from Federal Election Commission filings this week, which show that between mid-April and the end of June, the Vance team raised a million dollars, spent more than that, and is a quarter of a million dollars in the hole with just four months until election day.

It’s something of a head-scratcher from a candidate with national name recognition, who won the GOP primary for a critical Senate seat smack in the middle of the fundraising period.
But the Vance campaign has never been a major money draw.

Over the first three months of the year, the campaign directly raised $38,000, total, and got so close to bottoming out its cash reserves that in late March Vance personally floated himself a $600,000 bridge loan.

Fortunes turned with Trump’s endorsement in April, and Vance caught a windfall heading into the May 3 primary, but he hasn’t seemed able to translate the win into financial support. Eight weeks later, the campaign was in the red, reporting about $628,000 in the bank and $883,000 in debt—a deficit of more than $250,000.

The Vance campaign declined to comment.

*snip*


Go Tim Ryan!
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JD Vance's Campaign Fundraising Is Down to Its Bootstraps (Original Post) Nevilledog Jul 2022 OP
sell some shitty books Casady1 Jul 2022 #1
Good news. Just A Box Of Rain Jul 2022 #2
Goes to show that money can't always buy love. onecaliberal Jul 2022 #3
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