Iowa Statewide Democrats Smash Republican Fundraising Totals.
It may be time for Iowa Republicans to sound the alarm bells. Fundraising totals just posted today for Iowa’s latest reporting period show Democrats destroying their GOP counterparts in every single competitive statewide race. All told, Democrats’ statewide candidates raised a combined $2,866,382 to Republicans’ $1,250,516. However, largely thanks to Governor Kim Reynolds’ war chest, Republicans still have a combined cash-on-hand advantage in those same races: $4,015,141 to Democrats’ $2,700,608. This latest report covered the six weeks after the June 5 primary.
Fred Hubbell led the way with an eye-popping $2.6 million raised. Unlike in some past finance reports, all of that money was brought in from individuals and PACs. None came from the candidate or his wife’s own wealth. That’s noteworthy, as it shows a real sense of momentum and investment from donors in Iowa and around the country in Hubbell’s candidacy. And Hubbell himself could still dump more of his personal money into the race at any point if he so chose. There’s a reason that several national political prediction websites have moved the Iowa governor’s race to toss-up, and Hubbell’s fundraising advantage is a big part of that.
Hubbell has also now raised $9.5 million in all for his candidacy. Terry Branstad set the Iowa record for fundraising with $9.6 million in his 2014 campaign. Hubbell will clearly blow past that by the time all this is over.
In the three down-ballot statewide races that are seen as competitive, Democrats out-raised each Republican incumbent. Both Secretary of State Paul Pate and State Auditor Mary Mosiman posted particularly meager finance reports. State Treasurer Mike Fitzgerald was the only Democrat to see their Republican opponent raise more money, but that race is seen as a safe hold for Democrats (and Fitzgerald has much more cash-on-hand).
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