Udall leads Senate fundraising race | SummitDaily.com

Udall leads Senate fundraising race

BOB BERWYN
summit daily news
Summit County, CO Colorado

SUMMIT COUNTY ” Recent polls show that U.S. Rep. Mark Udall is running about even with likely Republican opponent Bob Schaffer in the race for a U.S. Senate seat. But Udall is ahead when it comes to raising money, leading Schaffer by about $1.5 million in cash, according to the latest campaign reporting data.

Schaffer’s campaign raised $646,731 in the last quarter of 2007. He has $2.1 million cash on hand. In total, Schaffer has raised 4.38 million for the race, and has spent $1.37 million so far.

Udall’s campaign raised $1.1 million in the fourth quarter, bringing his campaign coffer up to a total $3.6 million cash on hand. Udall’s total fundraising comes to $7.4 million.

Breaking down the data gathered from the Federal Election Commision, the Center for Responsive Politics shows that Udall’s money, at least during the last reporting quarter, is coming about evenly from within Colorado and outside the state. Lawyers and law firms, along with unions, are listed as being the top contributors to Udall, D-Eldorado Springs, followed by the securities and investment sector, followed by real estate and miscellaneous finance interests.

Schaffer’s contributions are coming from agricultural interests, communications and electronics companies, the finance, real estate and insurance industries and construction companies. The single largest contributor to Schaffer’s campaign is the conservative Club For Growth, with $152,000 as of the final quarter of 2007. Two energy companies are next on the list, followed by a builders and contractors group.

Within Colorado, both candidates are getting the lion’s share of their campaign contributions from the Denver area, according to a geographic-based breakdown of campaign finances.

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Udall has also raised big chunks of money in Washington, D.C. and New York, while Schaffer’s numbers show monely flowing in from Fort Collins, Colorado Springs and Las Vegas, Nev.

Both candidates are vying for U.S. Sen. Wayne Allard’s seat. Recent polls have put Udall in the lead, 44 percent to 43 percent.

Total: $7.4 million

PACs: $1.6 million

Individual: $3.6 million

Other: $2.2 million

Total: $4.38 million

PACs: $495,000

Individual: $2.5 million

Other: $1.38 million