Cantor amasses cash for re-election bid
Forget David and Goliath. In the money race in Virginia’s 7th Congressional District, it’s Wayne and Eric.
Democrat Wayne Powell is challenging incumbent Rep. Eric Cantor, the Republican majority leader in the U.S. House. From a campaign- finance standpoint, it’s not much of a contest: Cantor has 58 times more money on hand than Powell does.
Cantor, who has represented the Richmond-area district since 2001, has more than $2.2 million cash on hand. That’s far more than any other candidate for the U.S. House in Virginia. It’s almost as much as the state’s 18 Democratic congressional candidates hold collectively. (They have a combined $2.5 million.) And that’s just the cash on hand.
During the 2011-12 election cycle, Cantor’s receipts have totaled $5.1 million.
Only three House candidates – all of them Republican incumbents – have raised more money than Cantor: House Speaker John Boehner of Ohio (nearly $15 million); Rep. Michele Bachmann of Minnesota (about the same, which also funded her presidential bid); and Rep. Allen West of Florida (nearly $8 million).
Powell has raised only $66,000 so far.
Powell, a Midlothian lawyer who calls himself a progressive Democrat, has about $38,000 on hand. That could put him at a distinct disadvantage against Cantor’s deep pockets.
In an election year when the top of the ticket – the presidential race – could be close, money will play a large role in elections, according to Joseph Bafumi, a government professor at Dartmouth College.
“Money is very important … If there were a strong tide going towards the Democratic ticket, that would give Powell a better shot – that or if Cantor were to be embroiled in some enormous scandal. However, looking at this election, it looks like it will be a very likely victory for Cantor,” Bafumi said.
Bafumi said some candidates who have lost the fundraising battle have managed to win election, but that tends to happen when other factors are in play.
In 2006, for example, public disapproval of the Iraq war helped elect a Democratic majority in Congress, and in 2010, the tea party movement helped Republicans recapture the House.
This year, Congress’ approval rating is at an all-time low – 17percent, according to the Gallup Poll. The state of the economy will play a key role in November’s elections, Bafumi said. The success of the Democratic ticket depends a lot on what President Obama does between now and then.
“It’s tight now, and a lot depends on the economy … If it improves, it could improve Obama’s curtails,” Bafumi said.
In April, Democrats in the 7th District nominated Powell, a retired Army colonel, to take on Cantor. Before getting his party’s blessing, Powell said he expected his nomination to open the doors for more fundraising.
“Money is an issue in every campaign,” Powell said. “By June or July, I expect to have substantially more money – in excess of a million dollars with promises for more.”
It is unclear how Powell’s fundraising has fared since he got the nomination. The campaign finance reports on the Federal Elections Commission’s website are current through March.
As of March 31, Powell had received about 560 itemized individual donations totaling $37,000. (On his FEC filings, he listed contributions as small as $1.)
Cantor reported more than 2,000 itemized individual contributions totaling $2.6 million from nearly 1,500 individuals.
About 74 percent of Cantor’s individual donations have come from outside Virginia, according to an analysis of FEC data by Capital News Service. For Powell, the figure is 30 percent.
Cantor and Powell’s contributions differ in another significant way – funding from political action committees.
Powell has received only $600 in PAC contributions – 1 percent of his total contributions.
By contrast, Cantor has received 634 contributions from PACs, totaling $1.7 million – one-third of his war chest. Forty-three PACs have given the maximum $10,000 to Cantor’s congressional campaign. They included the committees for Altria, Anheuser-Busch and Comcast. Cantor also received big donations from the PACs representing the National Rifle Association, News America/Fox and various financial and health-care interests.
Cantor’s fundraising has grown since his initial run for the House a dozen years ago.
In 2002, Cantor raised just over $1 million. That number has increased every election since; for the 2009-10 election cycle, he raised nearly $6 million. (His main Democratic challenger then, Rick Waugh, raised less than $150,000.)
The five industry sectors that have donated the most to Cantor are finance, real estate, insurance, pharmaceuticals and health, according to the Center for Responsive Politics, a nonprofit that tracks campaign finance.
Bafumi said the better-funded candidate doesn’t always win. In 2008, Democratic challenger Tom Perriello beat Republican incumbent Virgil Goode in Virginia’s 5th District, with each campaign having raised about the same amount of money – $1.8 million.
Two years later, Perriello lost to GOP nominee Robert Hurt, even though Hurt raised about $1.2 million less than Perriello. Bafumi said campaign funding helps candidates reach voters. More money can mean a larger campaign staff, more television commercials, more mailings to voters and other strategies to win on Election Day.
Citizen Staff Reports 03/03/2015
RAMPS (Ramp Access Made Possible by Students) recently received an $8,000 grant from the Christopher and Dana Reeve Foundation. The award was one of 75 grants totaling more than $600,137 awarded by the Reeve Foundation to nonprofit organizations nationwide that provide more opportunities, access, and daily quality of life for individuals living with paralysis, their families and caregivers.
RAMPS, an organization founded by then-Henrico County high school students to build ramps for local low-income residents who need them, will use the grant to purchase modular wheelchair ramp supplies. These supplies will be used by local high school RAMPS clubs, who provide volunteers to build the ramps. > Read more.
Citizen Staff Reports 02/19/2015
Henrico resident Larry Loving, Jr., will compete with three other locals – Thomas Scribner (Richmond), Roscoe McGhee (Midlothian) and Larry Loving (Richmond) in the Liberty Mutual Insurance Invitational National Finals at TPC Sawgrass, in Ponte Vedra Beach, Fla., Feb. 26-Mar. 1. The foursome qualified for the national golf tournament by winning the Liberty Mutual Insurance Invitational, held at Whiskey Creek Golf Club in Ijamsville, Md. on June 11. That event supported the RiteCare Center for Childhood Language Disorders.
In total, 240 amateur golfers will compete in Florida. > Read more.
In total, 240 amateur golfers will compete in Florida. > Read more.
The Henrico Police Athletic League (PAL) held its Sixth Annual Awards Banquet Feb. 5 at The Cultural Arts Center of Glen Allen, celebrating accomplishments of 2014 and recognizing outstanding contributions to the organization. Henrico County Juvenile Domestic Court Judge Denis Soden served as master of ceremonies and former Harlem Globetrotter Melvin Adams served as keynote speaker.
Among the 2014 honorees were Richmond International Raceway (Significant Supporter), Richmond Strikers Soccer Club (Significant Supporter), Henrico County Schools-Pupil Transportation (Summer Camp Supporter), Bruce Richardson, Jr. (Youth of the Year), Sandra Williams (Volunteer of the Year), Thomas Williams (Employee of the Year), Mikki Pleasants (Board Member of the Year), and Michelle Sheehan (Police Officer of the Year). > Read more.
The Cultural Arts Center at Glen Allen will celebrate its 16th anniversary Saturday, March 14 at 6 p.m. with “A Date with Frank & Marilyn,” an evening of fun and entertainment designed to raise funds for the center's three outreach programs – Art Matters, Artful Living and Creative Family Studio. A performance by a duo impersonating Frank Sinatra and Marilyn Monroe will highlight the evening.
The evening will include an artist live and silent auction with a variety of unique and hard-to-come-by prize packages including two tickets to the 2016 Masters golf tournament, a trip for two to Napa Valley, dinner for 10 by celebrity chef Patrick Evan-Hylton served at CACGA's gardens, followed by opening night tickets to The Capital Steps and 10 individual date-night packages around Metro Richmond. > Read more.
Find out how your favorite dining establishments fared during their most recent inspections by the Virginia Department of Health. > Read more.
It’s a great weekend to support local theatre! The Stable Theatre at Christ Presbyterian Church will present “Freud’s Last Session;” Jewish Family Theatre at the Weinstein JCC will present “Parade;” and the youth theater program CharacterWorks, Inc. will present “Fiddler on the Roof” at The Steward School. Another fun show will be at the Cultural Arts Center at Glen Allen tonight – “An Evening of 20s Tin Pan Alley Jazz” featuring the unique sounds of the Rumble Seat Revival. For all our top picks this weekend, click here! > Read more.
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