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(48,807 posts)
Fri Jul 15, 2022, 01:49 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

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
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


No paywall

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.


Go Tim Ryan!
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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