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.
With a nod to Arbor Day, Citizen seeks photos, descriptions of significant Henrico trees
Citizen Staff Reports 04/28/2015
Do you have a favorite tree in Henrico?
Do you know of a tree with an interesting story?
Do you live near an especially large, old, or otherwise unusual tree – or do you pass by one that has always intrigued you?
Arbor Day 2015 (April 24) was last week, and though the Citizen has published stories about a few special trees over the years (see sidebar) we know that our readers can lead us to more. > Read more.
Henrico's most famous tree, known as the Surrender Tree, still stood for more than a century near the intersection of Osborne Turnpike and New Market Road -- until June 2012.
It was in the shade of that tree on April 3, 1865, that Richmond mayor Joseph Mayo met Major Atherton Stevens and troops from the 4th Massachusetts Cavalry and handed over a note surrendering the city to Federal troops. Evacuation had already begun. > Read more.
The Greater Richmond ARC's annual Ladybug Wine Tasting and Silent Auction on April 11 netted $75,165 to benefit its Infant and Child Development Services (ICDS) program.
About 350 guests sampled fine West Coast wines and craft beer from Midnight Brewery at Richmond Raceway Complex's Torque Club, along with food from local eateries. Carytown Cupcakes provided dessert. > Read more.
In the mood for some spring shopping? Eastern Henrico FISH will hold their semi-annual yard sale this weekend – funds raised assist at-risk families in Eastern Henrico County. Lewis Ginter Botanical Garden will hold a spring plant sale which is among the largest in the region with more than 40 vendors selling plants ranging from well-known favorites to rare exotics. Put on your detective hat and find out “whodunnit” at the movie “Sherlock Holmes: A Game of Shadows” and “The Case of the Dead Flamingo Dancer,” presented by the Henrico Theatre Company May 1-17. For all our top picks this weekend, click here! > Read more.
It’s that time of year – charity races are popping up everywhere! On Saturday, St. Joseph’s Villa will be the site of the sixth annual CASA Superhero Run and the fifth annual Richmond Free to Breathe Run/Walk will be held in Innsbrook. Also in Innsbrook, the 2015 Richmond Take Steps for Crohn’s and Colitis will take place on Sunday. If you’re more into relaxation than exercise, check out Wine for Cure’s Dogwood Wine Festival or the Troubadours Community Theatre Group’s production of “West Side Story” at the Henrico Theatre. For all our top picks this weekend, click here! > Read more.
There are several fun events this weekend taking place outside including the third annual Virginia Firefighter Games at Short Pump Town Center; Twin Hickory Park’s “April Showers: A Celebration of Spring” event; the Young Life Richmond West 5k in Innsbrook; and the Gold Festival on Broad which benefits Prevent Child Abuse Virginia. Fingers crossed for no rain! For all our top picks this weekend, click here! > Read more.
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CalendarHenrico County Recreation and Parks is hosting its second "War Between the Tastes: Civil War Food Festival" on Saturday, May 9 at Meadow Farm Museum/Crump Park, 3400 Mountain Road in… Full text