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Romanoff on accepting PAC money: 'I was wrong'

By Felicia Sonmez

U.S. Senate candidate and former Colorado House Speaker Andrew Romanoff (D) said Wednesday that he had erred in accepting money through a leadership PAC.

"I believe I was wrong then, and I'm right now, and more candidates for public office should follow my lead," Romanoff said on ABC/Washington Post's "Top Line" program.

Romanoff has made his opposition to accepting PAC money a cornerstone of his upstart bid against Sen. Michael Bennet (D). Romanoff hit on the theme this week in his first TV ad of the race, a 30-second spot in which Romanoff says that he won't "take a dime" of special interest money in his campaign. But beginning in September 2004, Romanoff accepted money through his personal PAC, the Romanoff Leadership Fund. He shut down the fund in January.

Romanoff has consistently trailed Bennet in the polls; a recent Survey USA poll showed him 17 points behind. He also faced a 7-to-1 disadvantage in cash on hand as of late March, although he received a boost in late June when former president Bill Clinton announced his endorsement of Romanoff.

Meanwhile, Bennet -- who was appointed by Gov. Bill Ritter (D) in January 2009 -- put up his latest TV ad of the race this week. The spot highlights his triumph over dyslexia as a child and his efforts to "fix a broken Washington for Colorado."

Asked whether his campaign has seen an increase in support and fundraising since receiving Clinton's endorsement, Romanoff replied, "Yes and yes." He said he's confident he'll win the Democratic nod in August and noted that "as President Clinton said in his endorsement last week, I've also got the best chance to hold this seat in November." Without naming Bennet, Romanoff charged that his opponent "voted to keep banks too big to fail" and has "become one of the top recipients of Wall Street cash" in Congress.

Bennet's spokesperson, Trevor Kincaid, said that Romanoff had his facts wrong.

"Michael Bennet has consistently stood up to big financial institutions, fighting for smart, effective regulation and stronger protections for consumers," Kincaid said, noting that the financial regulatory reform bill that Bennet voted for in May helps reduce the likelihood of bank failures.

Kincaid also noted that other senators in competitive races have taken in more money from financial sector donors this cycle, and pointed out that Sen. Charles Schumer (D-N.Y.) has collected nearly four times as much from financial sector donors as Bennet has.

Mail-in ballots will be sent to voters the week of July 19 ahead of the August 10 primary. On the Republican side, former Lt. Gov. Jane Norton (R) is facing off against Weld County District Attorney Ken Buck (R), who is holding a rally and fundraiser Thursday with Sen. Jim DeMint (R-S.C.).

By Felicia Sonmez  |  July 8, 2010; 3:30 PM ET
Categories:  Senate  
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Comments

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Posted by: itkonlyyou53 | July 8, 2010 11:52 PM | Report abuse

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Posted by: itkonlyyou53 | July 8, 2010 11:12 PM | Report abuse

rickedelson, you answered your own question. The financial industry gives him money because he sits on that committee. If he got the seventh highest, I bet the six who got more are on that committee too or are in leadership. Corporations are NOT partisan..... they buy influence in both parties.

Posted by: baldinho1 | July 8, 2010 9:51 PM | Report abuse

MORE HILARITY FROM TEABAGGER-LAND


Nevada: Teabagger Sharron Angle Scrubs Her Own Words Faster Than She Scrubbed Her Website


Realizing that she actually is "being held accountable for every idle word" that comes out of her mouth is really screwing up Sharron Angle's ability to pander to her nutty Teabagger followers.


YESTERDAY:
A caller to Sharron Angle said that Obama had "basically extorted $20 billion from a private company," and asked Angle what she thought of "the $20 billion slush fund."


"Government shouldn't be doing that to a private company," Angle replied. "And I think you named it clearly: It's a slush fund."


http://voices.washingtonpost.com/plum-line/2010/07/sharron_angle_the_20_billion_o.html


TODAY:
"Having had some time to think about it, the caller and I shouldn't have used the term slush fund; that was incorrect" said Angle.


http://voices.washingtonpost.com/plum-line/2010/07/angle_i_shouldnt_have_used_ter.html?wprss=plum-line

.

Posted by: DrainYou | July 8, 2010 6:49 PM | Report abuse

MORE HILARITY FROM TEABAGGER-LAND


Nevada: Teabagger Sharron Angle Scrubs Her Own Words Faster Than She Scrubbed Her Website


Realizing that she actually is "being held accountable for every idle word" that comes out of her mouth is really screwing up Sharron Angle's ability to pander to her nutty Teabagger followers.


YESTERDAY:
A caller to Sharron Angle said that Obama had "basically extorted $20 billion from a private company," and asked Angle what she thought of "the $20 billion slush fund."


"Government shouldn't be doing that to a private company," Angle replied. "And I think you named it clearly: It's a slush fund."


http://voices.washingtonpost.com/plum-line/2010/07/sharron_angle_the_20_billion_o.html


TODAY:
"Having had some time to think about it, the caller and I shouldn't have used the term slush fund; that was incorrect" said Angle.


http://voices.washingtonpost.com/plum-line/2010/07/angle_i_shouldnt_have_used_ter.html?wprss=plum-line

.

Posted by: DrainYou | July 8, 2010 6:48 PM | Report abuse

Chicago has a nice Mayor. Call him if you want to raise ruckus.

(((rolling)

Besides, 2nd amendment case was fought in Chicago. And won. Now complain????

Everyone wanted it that way.
The right to keep and bear arms in Chicago.

yeppers, nice, uh?


Posted by: TheBabeNemo | July 8, 2010 6:40 PM | Report abuse

(rolling)

I keep thinking Romanoff and his restaurant when I see Andrew's name.

Well, a solution to this would be if Mr. Romanoff seeked out and received Mr. Elway's endorsement.

Half the Bronco fans in Colorado would vote for him.

Ya know, those Republicans stick together.

Posted by: TheBabeNemo | July 8, 2010 6:20 PM | Report abuse

Chris, in your next post on this race, please mention this fact: in his first year in the Senate, Michael Bennet has become the seventh largest recipient in the entire Senate of donations from Financial Services firms. Bennet serves on the Senate Banking Committee. Here in Colorado, we want to know: why are the banks investing so much in Mr. Bennet?

BTW, I am a Democrat, worked hard for Barack Obama in 2008 and will again in 2012.

Posted by: rickedelson | July 8, 2010 5:49 PM | Report abuse

Romanoff only seems to have come to his epiphany about PACs well after he began his most recent campaign, probably when he realized the Senator Bennett was doing a great job fund raising and that there was little PAC money going to be available to him anyway. His Colorado house campaign was still raking in PAC money (from oil companies and insurance companies) well after the last session of the Colorado legislature that he participated in. Check with the SOS office and see in he wasn't still taking in campaign contributions after December 2008 and into 2009.

Posted by: jbowen431 | July 8, 2010 4:57 PM | Report abuse

In Chicago last night, there were 12 people shot, with 2 dead. That is in addition to what happened last weekend.


Hundred of people get shot in Chicago every year - it is practically a free-fire zone.


WHAT has Obama done about this ? Obama has been ignoring the problems of his own inner city the ENTIRE TIME HE HAS BEEN IN POLITICS.

Meanwhile, Obama spends his time getting the Justice Department to sue Arizona


and getting the Justice Department to DROP CHARGES AGAINST THE BLACK PANTHERS.

Some set of priorities.

Obama's job performance has been absolutely horrible.


And the FIX BOYCOTTERS just whine that they can not dominate the blog - those crazy leftists.

.

Posted by: FlowersOfPeace | July 8, 2010 4:12 PM | Report abuse

The Spirit of the Great 37 lives on.

.

Posted by: FlowersOfPeace | July 8, 2010 3:49 PM | Report abuse

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