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Deeds to report $1.2 million cash on hand

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In what must come as a surprise to everyone involved in the Democratic gubernatorial campaign, State Senator Creigh Deeds is set to report that his campaign has $1.2 million in cash to fund his efforts to upset Terry McAuliffe and Brian Moran.

That puts Deeds in second place behind the prodigious McAuliffe in the resources battle and should put to bed rumors that he is considering dropping out of the race or that he is not a force to be reckoned with.

Deeds chose to share the information with his supporters through a fundraising e-mail first. In a release just put out by his campaign he revealed that he has raised $600,000 in only 44 days. (He could not raise money during the legislative session). Deeds also touts the fact that 97% of his donors are from the commonwealth.

For the record here are the totals now of cash on hand for the Democrats competing in the June primary:
McAuliffe- $2.5 million
Deeds- $1.2 million
Moran- $825,000

It is also worth pointing out that while McAuliffe has quite a bit more money, he also has a lot more overhead. On balance these numbers are probably a lot closer than what many expected at this point in the game.

**UPDATE**

Hoping to place Deeds fundraising report into context, the Moran camp has released the details of a new poll conducted by the liberal website Daily Kos.  The poll shows Moran maintains a lead in the Democratic primary, and is the candidate who is in the best position to take on Bob McDonnell in November.  However, despite the good news the poll brings the Moran camp, it is bad news overall for the Democratic ticket, as McDonnell maintains leads over all three potential candidates in head to head match ups. You read the poll for yourself here.

The full release from the Deeds campaign is after the jump…

DEEDS CAMPAIGN RELEASES CASH-ON-HAND NUMBERS
Deeds proves he has the momentum in the Virginia governor’s race

***Deeds has 41% more cash-on-hand than Moran***
***Deeds raised more money in 44 days than in the previous 6 months***
***97% of Deeds’ contributors are Virginians***

CHARLOTTESVILLE–Today, Joe Abbey, campaign manager for the Deeds for Virginia campaign, announced Creigh Deeds’ cash-on-hand numbers for the first quarter.

Creigh Deeds was unable to raise money for 46 days of the first quarter because of a state ban prohibiting fundraising during the session of the General Assembly, yet he raised more money in 44 days than in the previous 6 months. The Deeds campaign raised well over $600,000 in the first quarter and currently has $1.2 million cash-on-hand. More than 97 percent of Deeds’ contributors are Virginians.

Creigh’s opponents had twice as much time to fundraise. Brian Moran even resigned his seat so he could raise money full-time for his campaign, but it didn’t pay off. Creigh now has 41 percent more cash on-hand than Brian.

“Many people said Creigh was foolish to give up 46 days to raise money for his campaign so he could stay and fight for middle class families in the Virginia Senate,” said Joe Abbey. “But he wasn’t going to walk away from tough decisions during the most serious economic crisis since the Great Depression. Creigh proved the pundits wrong once again. We’ve said all along that we will have the resources we need to let people know that Creigh is the only candidate who’s prepared to continue the legacy of Mark Warner and Tim Kaine.”

According to the Rothenberg Political Report, there is “no clear frontrunner in this race” and with 45 percent of Virginia primary voters still undecided, Deeds is in a strong position to secure the nomination on June 9th.

“Mark Warner proved that Democrats need to compete and win in every corner of Virginia,” said Joe Abbey. “To win in November we need a nominee who can not only win big in our Democratic strongholds, but also compete in places like Bristol and Big Stone Gap. Creigh Deeds is the only Democrat in this race who can beat Bob McDonnell in every corner of Virginia. He’s the only Democrat who has run a statewide campaign and has a proven record of winning tough elections. We proved that we have the momentum in the Virginia governor’s race. Our strong grassroots efforts are going to make the difference on June 9th and we will continue to work hard for every vote in every community across the Commonwealth.”

With less than 61 days to go before the primary, the Deeds campaign has the momentum in this race. The Virginian-Pilot recently said that Deeds is the Democratic candidate who “most naturally fits into the moderate mold shaped by Mark Warner and Tim Kaine” and this came after The Lynchburg News and Advance said that Deeds “appeals to many of the same centrist Democrats and independents who supported Mark Warner.” The Deeds campaign is running a truly statewide effort to get out the vote on June 9th and the campaign has offices in Charlottesville, Richmond, Portsmouth, and Alexandria.

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Written by Ryan Nobles

April 9, 2009 at 5:56 pm

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