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McDonnell Raises $3.8M, Has $4.5M in Bank

Anita Kumar

Republican gubernatorial candidate Bob McDonnell raised $3.8 million in September and had $4.5 million in the bank going into the final month of the race.

The campaign raised more in September than July and August combined.

McDonnell had 6,440 unique donors. Of those, 4,819 were new contributors and 4,454 gave less than $100.

"With three weeks left in the race we have great momentum and the resources we need to continue to get Bob McDonnell's new ideas and positive vision out to voters across the state,'' said Phil Cox, McDonnell campaign manager.

The Republican National Committee donated $400,000, and several national Republican stars helped McDonnell raise more than $600,000 last month.

Mitt Romney, former Massachusetts governor and possible presidential hopeful, headlined a fundraiser at the offices of the American Gas Association on Capitol Hill. Louisiana Gov. Bobby Jindal hosted fundraiser for McDonnell at the McLean home of Dwight Schar, founder of NVR Inc, one of the nation's largest homebuilders. Former House Speaker Newt Gingrich hosted a breakfast fundraising at a Falls Church Marriott. Minnesota Gov. Tim Pawlenty raised $75,000 at a small luncheon at a Richmond hotel. And on the last day of the fundraising period, U.S. House Minority Leader John Boehner headlined a fundraiser at the Alexandria home of lobbyist Bruce Gates.

Democratic rival Creigh Deeds raised half a million dollars more than McDonnell in July and August, though McDonnell, who had no primary opponent, had more in the bank.

By Anita Kumar  |  October 15, 2009; 5:07 PM ET
Categories:  2009 Governor's Race , Anita Kumar , Creigh Deeds , Election 2009 , Robert F. McDonnell  
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Next: Deeds Raises $3.5M, $2.7M in the Bank

Comments

In the past year, organized labor has poured nearly $2 million into the Deeds campaign (only the party itself has given more). There was $900,000 from the American Federation of State, County and Municipal Employees, $200,000 from the SEIU, and $250,000 from the Mid-Atlantic Laborers. The amounts are so big even the Washington Post took time off writing about Mr. McDonnell's controversial graduate thesis on the role of women in society to weigh in with a raised-eyebrow story.

Posted by: SMWE357 | October 16, 2009 4:07 AM | Report abuse

I'm sure the Post will write up a great Sunday edition story about how McDonnell is getting more smaller contributors than Deeds and how Grass Roots voters are flocking to him. Think so? Hmmm. They did it for obama and Warner and Kaine, remember? What short memories the reporters and editoralists have. Indeed. Seems like the Deeds is in the pockets of the Rich and corporate donors. Big Business better start contributing to McDonnell.

Posted by: espnfan | October 16, 2009 7:56 AM | Report abuse

This article by far is a most revealing look at the Virginia Governor Campaign to date as published in the Sunday Washington Post (October 18, 2009.)

There is no solid basis in the discussion to solve the problems we are facing in Virginia. The campaigns are spending huge amounts of money only to finger point at the problems and mud sling each other to prove which candidate is the worst.

Look at the number of contributors connected to the Real Estate industry. Why are they contributing to McDonnell? When are people going to wake up to the fact that there is something that smells very bad here?

The reason why we have the problems in Virginia is poor tax policy and administration. Fairfax County is epitome of the practice of catering to the commercial real estate interests to rezone and offer favorable tax treatment to these land speculators. At the state level, new industry is lured by favorable corporate income tax rates. The promise of growth - more jobs, better schools and roads are the big lie. All we have gotten is more congestion, crime and pollution. Northern Virginia is no longer a good place to live and work (even if you have a job and are willing to endure an hour long commute to get to one.) Is the answer to build the toll roads, charge $10 one way and boost the next home assessment/tax bill?

We need the schools if you have kids. But I don't and I am de facto retired. Why perpetuate a tax policy to drive me out of Virginia, to retire somewhere else? When I do retire, I'll be selling my 4 bedroom house to a family with kids to boost the school population and education costs for the county. Instead of getting my $8,000 in taxes, Fairfax would get less when I sell with an actual sale $200,000 below my assessed value and increased educational cost of approximately $15,000 to boost the deficit by over $20,000 per year. On a macro scale, the push to get rid of retirees would completely cripple Fairfax County's finances within 10 years.

As the tax base declines, the tax rates will increase. As the tax burden increases on residential real estate, the values will continue to go down. Values will plummet below mortgage balances and then population will decline as people pick up and leave it all behind.

This is the real plan and policy being maintained here.

Watch these political contributions come in - commercial real estate continues to be taxed well below the comparable values for residential property. This allows these speculators hold onto their land at a very low cost and then sell their rezoned property for many times more for what they paid. These profits are then exported outside of Virginia into their bank accounts in New York City and Miami.


Posted by: agoozner2 | October 18, 2009 2:15 PM | Report abuse

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