The headline on Postman’s blog was “Reichert bests Burner, a bit, in latest money totals,” but a closer look at the numbers doesn’t bode so well for the incumbent. According to Postman, Dave Reichert will report raising $340,800 from July through September, compared to $304,901 for Democratic challenger Darcy Burner. So yeah, Reichert raised a bit more than Burner in the third quarter.
According to Postman, Reichert also leads Burner in total dollars raised Year To Date (YTD), $830,440 to $518,630, but of course, the whole point of raising money now is to spend it later, and despite Reichert’s presidential fundraiser, Burner still leads $370,228 to $339,400 in the all important category of Cash On Hand (COH).
That puts Burner in a pretty damn good position heading into an election year against one of the GOP’s most vulnerable incumbents. How good a position? Well, a quick comparison of the numbers this cycle to those at the same point in the previous cycle is quite stunning.
|Oct. 2005, YTD:||$937,829||$105,156|
|Oct. 2005, COH:||$455,120||$43,952|
|Oct. 2007, YTD:||$830,440||$518,630|
|Oct. 2007, COH:||$339,400||$370,228|
In October of 2005, Reichert led Burner by a substantial ten-to-one margin, with over $455,000 in the bank (both went on to raise about $3.1 million each,) but this time around Reichert’s fundraising is noticeably down while Burner’s — fueled by her $123,000/3,200 donor netroots fundraiser — is way up, actually giving her a $31K lead in the number that really matters, Cash On Hand… and that’s after Reichert brought President Bush into the district for a high-donor fundraiser. And note, the YTD numbers represent “net receipts”; if you only look at contributions and subtract out Reichert’s $64,000 2Q “committee transfer,” Reichert’s fundraising is running about 20-percent below last cycle’s efforts.
It’s harder to raise money when you are in the minority, as Reichert is discovering, but it still ought to be easier as an incumbent than as a challenger, especially this early in the contest. If the Reichert folks were as pleased with their candidate’s anemic showing as they claimed to Postman, I’m guessing they wouldn’t have buried their announcement on a Friday afternoon.