Just in from the watchdogs at Democracy NC (click here to read the entire report):
State Legislators Pile Up $8 Million for Campaigns;
Incumbent Advantage Will Grow with PACs’ “Gratitude Money”
A review of financial reports by the watchdog group Democracy North Carolina shows that state legislators running for reelection have stockpiled more than $8 million in cash for the final months of the 2014 campaign.
Legislators of both parties can also expect a windfall in special-interest donations when the General Assembly adjourns, likely this week, said Bob Hall, director of the nonpartisan group.
The 101 Republican legislators seeking election to the NC House or Senate hold $6.8 million in cash, more than four times as much as the $1.5 million held by the 52 Democrats. (The other 17 legislators are retiring or running for another office, or they were defeated in the primary.)
Senate President Pro Tem Phil Berger (R-Rockingham) led all lawmakers with $1,015,460 in cash as of June 30, the deadline for the most recent financial report. The next report is not due until late October. Senate Republican Majority Leader Harry Brown (R-Onslow) is next with $444,267, followed by Democratic Senator Josh Stein (D-Wake) with $347,413.
Because Speaker Thom Tillis is running for the U.S. Senate, the Republicans in the House who have the most cash are Rep. Tim Moore (R-Cleveland) with $251,573 and Rep. Nelson Dollar (R-Wake) with $246,216. Both men have Democratic opponents in the general election, but neither challenger had more $9,000 as of June 30.
“The combination of big-money fundraising and highly partisan redistricting means we’re seeing less competition in general elections,” said Hall “It’s hard to hold legislators accountable when they don’t have competition.”
Of the 153 legislators seeking reelection, 74 – or nearly half of them – face no opposition from the other major party. Read More