Monday, May 05, 2008

Tim Walberg's First Quarter Fundraising

This was a long time ago, but in the interests of completeness... (I posted Renier's on April 14... but it's been a busy month since then.)

From Congressman Tim Walberg's report to the Federal Election Commission:

Column A
This Period
Column B
11. Contributions (other than loans) From:
(a) Individuals/Persons Other than Political Committees
(i) Itemized156900.00
(ii) Unitemized20695.70
(iii) Total Of Contributions From Individuals177595.70486962.11
(b) Political Party Commitees0.000.00
(c) Other Political Committees (such as PACS)87500.00337833.86
(d) The Candidate0.00500.00
(e) Total Contributions (11(a)(iii) + (b) + (c))265095.70825295.97
12. Transfers From Other Authorized Committees0.00747.50
13. Loans
(a) Made Or Guaranteed By The Candidate0.000.00
(b) All Other Loans0.000.00
(c) Total Loans ((a) + (b))0.000.00
14. Offsets to Operating Expenditures (Refunds, Rebates, etc) 582.7612872.89
15. Other Receipts1069.834504.22
16. Total Receipts (11(e) + 12 + 13(c) + 14 + 15) 266748.29843420.58
17. Operating Expenditures100087.13331445.98
18. Transfers to Other Authorized Committees0.000.00
19. Loan Repayments:
(a) Of Loans Made or Guaranteed by the Candidate0.000.00
(b) Of All Other Loans0.000.00
(c) Total Loan Repayments ((a) + (b)) 0.000.00
20. Refunds of Contributions To:
(a) Individuals/Persons Other Than Political Committees200.002350.00
(b) Political Party Committees0.000.00
(c) Other Political Committees (such as PACs) 0.00294.12
(d) Total Contribution Refunds (28(a) + (b) + (c)) 200.002644.12
21. Other Disbursements0.000.00
22. Total Disbursements (17 + 18 + 19(c) + 20(d) + 21) 100287.13334090.10
23. Cash On Hand At Beginning Of Reporting Period438005.38
24. Total Receipts This Period (line 16) 266748.29843420.58
25. Subtotal (23 + 24) 704753.67
26. Total Disbursements This Period (line 22) 100287.13334090.10
27. Cash On Hand At Close Of The Reporting Period (25 - 26) 604466.54

Walberg raised $265,095.70, with $177,595.70 (or about 67 percent) from individuals. Remember, this includes a fundraiser with Vice President Dick Cheney, where those that attended had to pay $500 to get in (or $1,000 for a photo with the VP). For the whole cycle, Walberg has raised about $825,000.

It's worth noting that Walberg's receipts this quarter, as with the last couple of quarters, were less than his leading Democratic challenger. This bodes badly for an incumbent. It's also worth noting that Walberg's percentage of receipts from individuals was also less than Schauer's. It's not good to be relying so much on PAC money, Congressman.

Walberg also spent more than Mark Schauer, leaving him with $604,466.54 cash-on-hand. Once again, this is less than Mark Schauer.

I know that I'm making a big deal about this, but Walberg is an incumbent member of Congress, and he's been raising money since January of 2007. Mark Schauer is not an incumbent and has only been in the race since August of 2007. Walberg is not in a strong position for an incumbent.

Some significant* contributions: Altria Group, Inc. PAC (the new, friendly name for Philip Morris-- tobacco money!), AT&T Federal PAC, ConocoPhillips Spirit PAC (oil company), Friends of John Boehner (House minority leader), GlaxoSmithKline PAC (pharmaceutical company), the NRA, Republican National Coalition for Life PAC, Right to Life MI PAC, RJ Reynolds PAC (more tobacco money!), Verizon Communications, and the usual assortment of local conservative business leaders.

Basically, it's par for the course. Walberg has the support of the big businesses and traditional Republican interest groups-- pro-gun and anti-abortion. Oh, and a bunch of listings for Club PAC, which is the Club for Growth. But I figured everyone just sort of assumed that by now.

* Note that significant is in terms of importance as I perceive it, not amount contributed.

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