madfish
10-16-2003, 1:21 AM
{Note he's our ex govener of VT}
Dean Raises $15M, Sets Democratic Record
Wed Oct 15, 7:38 PM ET
By SHARON THEIMER, Associated Press Writer
WASHINGTON - Record-breaking fund-raiser Howard Dean on Wednesday hinted at the potential to raise millions more for his Democratic presidential bid: Only 1 percent of his donors have given the maximum so far.
Dean finished the fund-raising quarter that ended Sept. 30 leading the Democratic field with nearly $15 million raised and about $12 million on hand. His rivals were bunched around $4 million or less, including Massachusetts Sen. John Kerry, who fell short of the $4.5 million to $5 million his campaign had estimated he'd raise, and newcomer Wesley Clark (news - web sites), who collected $3.5 million in his first two weeks in the race.
Kerry spokesman Robert Gibbs said the earlier numbers released by campaign officials were "simply a best-guess estimation." He noted Kerry has roughly $20 million in receipts for the year and said that exceeded the campaign's expectations.
"It's clear John Kerry will have all the resources he needs to win the Democratic nomination," Gibbs said.
Dean has raised about $25 million so far this year to take the lead in the Democratic money chase. About 99 percent of Dean's donors have yet to reach the $2,000 limit, meaning they can give again, campaign manager Joe Trippi said.
Still, Dean's total represents just a fraction of President Bush's total of about $84 million. The president has $70 million in the bank — more than any Democrat has even raised.
Dean, however, outpaced Bush over the last three months on the Internet, raising $7.5 million to the president's $1.4 million.
The rest of the nine-member Democratic field trailed Dean for the quarter. Kerry began October with about $7.8 million on hand.
Clark drew roughly a third of his early money from California, New York, Texas and his home state of Arkansas. But in a sign of early growing pains, he was missing legally required donor state and employer information for more than $1 million of his donations.
Missouri Rep. **** Gephardt raised $3.8 million, about the same as in the previous quarter. Sen. Joe Lieberman of Connecticut raised about $3.6 million after aiming for $4 million; North Carolina Sen. John Edwards raised about $2.6 million; and Ohio Rep. Dennis Kucinich raised about $1.65 million. Carol Moseley Braun reported raising $125,410, but also had $113,918 in debt.
Gephardt said some Democratic donors are waiting to see how the field shakes out before giving to a candidate.
"There are people who are waiting for you to tell them who's definitely going to win," Gephardt said. "It'll become increasingly clear as we start through these primaries."
Gephardt is aiming for $20 million for the year, and must raise about $6 million in the final quarter to meet that.
Dean, Kerry and Clark have been considering following Bush's lead and skipping public financing for the primaries. Those who take the government money can get a match of up to $250 for each contribution up to a total of about $18.7 million, but are limited to $45 million in spending.
Bush's report shows big totals from employees at several corporations, including some with executives serving as volunteer Bush fund-raisers. Bush "Rangers" raise at least $200,000 each, while "Pioneers" solicit at least $100,000 for Bush.
Microsoft employees gave about $137,000 to Bush in the last quarter. Much of the money was given in conjunction with an Aug. 22 fund-raiser Bush held in Seattle; Bush Pioneer John Conners, Microsoft's chief financial officer, was a co-chairman of the event, Microsoft spokeswoman Ginny Terzano said.
"Like most companies in the technology industry, Microsoft has a politically active employee base that is diverse in its political beliefs" and takes part in politics voluntarily, Terzano said.
A sampling of other companies whose employees together gave more than $100,000 included:
_UBS, a financial services company whose chief executive, Joseph Grano, is a Bush Ranger. Grano has been a member of Bush's Homeland Security Advisory Council.
_The Omaha, Neb.-based Union Pacific railroad company, whose chief executive Richard Davidson is a Bush Ranger.
_California-based Ameriquest Mortgage Co. Executive, Roland Arnall, and his wife, Dawn, are Bush Rangers.
___
On the Net:
Federal Election Commission (news - web sites): http://www.fec.gov/
Dean Raises $15M, Sets Democratic Record
Wed Oct 15, 7:38 PM ET
By SHARON THEIMER, Associated Press Writer
WASHINGTON - Record-breaking fund-raiser Howard Dean on Wednesday hinted at the potential to raise millions more for his Democratic presidential bid: Only 1 percent of his donors have given the maximum so far.
Dean finished the fund-raising quarter that ended Sept. 30 leading the Democratic field with nearly $15 million raised and about $12 million on hand. His rivals were bunched around $4 million or less, including Massachusetts Sen. John Kerry, who fell short of the $4.5 million to $5 million his campaign had estimated he'd raise, and newcomer Wesley Clark (news - web sites), who collected $3.5 million in his first two weeks in the race.
Kerry spokesman Robert Gibbs said the earlier numbers released by campaign officials were "simply a best-guess estimation." He noted Kerry has roughly $20 million in receipts for the year and said that exceeded the campaign's expectations.
"It's clear John Kerry will have all the resources he needs to win the Democratic nomination," Gibbs said.
Dean has raised about $25 million so far this year to take the lead in the Democratic money chase. About 99 percent of Dean's donors have yet to reach the $2,000 limit, meaning they can give again, campaign manager Joe Trippi said.
Still, Dean's total represents just a fraction of President Bush's total of about $84 million. The president has $70 million in the bank — more than any Democrat has even raised.
Dean, however, outpaced Bush over the last three months on the Internet, raising $7.5 million to the president's $1.4 million.
The rest of the nine-member Democratic field trailed Dean for the quarter. Kerry began October with about $7.8 million on hand.
Clark drew roughly a third of his early money from California, New York, Texas and his home state of Arkansas. But in a sign of early growing pains, he was missing legally required donor state and employer information for more than $1 million of his donations.
Missouri Rep. **** Gephardt raised $3.8 million, about the same as in the previous quarter. Sen. Joe Lieberman of Connecticut raised about $3.6 million after aiming for $4 million; North Carolina Sen. John Edwards raised about $2.6 million; and Ohio Rep. Dennis Kucinich raised about $1.65 million. Carol Moseley Braun reported raising $125,410, but also had $113,918 in debt.
Gephardt said some Democratic donors are waiting to see how the field shakes out before giving to a candidate.
"There are people who are waiting for you to tell them who's definitely going to win," Gephardt said. "It'll become increasingly clear as we start through these primaries."
Gephardt is aiming for $20 million for the year, and must raise about $6 million in the final quarter to meet that.
Dean, Kerry and Clark have been considering following Bush's lead and skipping public financing for the primaries. Those who take the government money can get a match of up to $250 for each contribution up to a total of about $18.7 million, but are limited to $45 million in spending.
Bush's report shows big totals from employees at several corporations, including some with executives serving as volunteer Bush fund-raisers. Bush "Rangers" raise at least $200,000 each, while "Pioneers" solicit at least $100,000 for Bush.
Microsoft employees gave about $137,000 to Bush in the last quarter. Much of the money was given in conjunction with an Aug. 22 fund-raiser Bush held in Seattle; Bush Pioneer John Conners, Microsoft's chief financial officer, was a co-chairman of the event, Microsoft spokeswoman Ginny Terzano said.
"Like most companies in the technology industry, Microsoft has a politically active employee base that is diverse in its political beliefs" and takes part in politics voluntarily, Terzano said.
A sampling of other companies whose employees together gave more than $100,000 included:
_UBS, a financial services company whose chief executive, Joseph Grano, is a Bush Ranger. Grano has been a member of Bush's Homeland Security Advisory Council.
_The Omaha, Neb.-based Union Pacific railroad company, whose chief executive Richard Davidson is a Bush Ranger.
_California-based Ameriquest Mortgage Co. Executive, Roland Arnall, and his wife, Dawn, are Bush Rangers.
___
On the Net:
Federal Election Commission (news - web sites): http://www.fec.gov/