Henrico County VA

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.
Bail Bondsman Henrico VA Richmond VA
Community

MADD to host candlelight vigil Dec. 2 at UR

Mothers Against Drunk Driving (MADD) will host a candlelight vigil of remembrance and hope Tuesday, Dec. 2 at 7 p.m. at the University of Richmond, outside the Cannon Chapel. The public is invited to attend and join MADD to honor victims of impaired driving crashes, while helping to remind the community to be safe during the holidays. > Read more.

Tournament supports adoption efforts

Among participants at the Seventh Annual Coordinators2Inc Golf Tournament and awards luncheon Oct. 3 were (from left) Rebecca Ricardo, C2 Inc executive director; Kevin Derr, member of the winning foursome; Sharon Richardson, C2 Inc founder; and Frank Ridgway and Jon King, members of the winning foursome.

Held at The Crossings Golf Club, the tournament will benefit placement of children from Virginia's foster care system into permanent families through Coordinators2. > Read more.

A.C. Moore to host winter craft day for kids

Event will help kick of Marine Corps' 'Toys for Tots' campaign
All 140 A.C. Moore locations will serve as drop-off centers this year for the Marine Toys for Tots Foundation, and all toys collected will stay in the local communities served by the stores in which they are donated.

On Saturday, Nov. 15, the Willow Lawn location will kick off the month-long program by hosting a "Make & Take" craft event for kids. Children ages six and older will be able to make a craft and take it home with them. Representatives from the Marines will be in-store to teach customers about the Toys for Tots program. A.C. Moore team members will be on site to help with the crafts. > Read more.

Page 1 of 119 pages  1 2 3 >  Last ›

Entertainment

Weekend Top 10


The Dominion GardenFest of Lights Grand Illumination takes place tonight at Lewis Ginter Botanical Garden! This year’s theme is “A Legacy in Lights: 120 Years from Bicycle Club to Botanical Garden,” which celebrates the Garden’s history. You can also celebrate Thanksgiving again – tomorrow at Henricus Historical Park. More great events – Lavender Fields Herb Farm and Wilton House Museum will both host their holiday open house events this weekend. For all our top picks this weekend, click here! > Read more.

A hero is born

Disney’s ‘Big Hero 6,’ lovable robot Baymax delight
It may be time for Olaf to step down as our nation’s reigning cartoon character. Big Hero 6, the latest animated feature from Disney, contains a challenger to the throne: Baymax (Scott Adsit), another lovably chubby white wonder, who will bring joy to children’s hearts and invade every home in America inside a six-foot pile of Disney merchandise.

Big Hero 6 (based ever so slightly on a Marvel comic of the same name) is the story of Baymax – and also his closest companion Hiro Hamada (Ryan Potter). And then also their four friends, all of whom join together to form the titular superhero team.

At first, though, it’s only Hiro, a young boy and an engineering prodigy, who’d rather spend his time in underground robot fight clubs than do something productive with his gifts. > Read more.

Authentically Italian

Bella’s feels – and tastes – like Italy should
Short Pump is known for its share of chain restaurants and strip malls, but diners looking for something more distinct can certainly find it without heading downtown or to nearby Charlottesville.

In fact, local husband-and-wife restaurateurs Valeria Bisenti and Doug Muir brought a taste of Charlottesville (and Italy) to Short Pump when they took a chance and opened Bella’s second location in the same shopping strip as Wal-Mart and Peter Chang China Cafe. (Bella’s original location is on Main Street in downtown Charlottesville.)

For a local Italian restaurant, Bella’s is as “Mom and Pop” as its gets. Valeria is Mom, and Doug is Pop. Since its opening about six months ago, diners have been eating rich comfort foods and drinking Italian wines. > Read more.

Page 1 of 108 pages  1 2 3 >  Last ›







 

Reader Survey | Advertising | Email updates

Classifieds

READERS & MUSIC LOVERS. 100 Greatest Novels (audio books) ONLY $99.00 (plus s h.) Includes MP3 Player & Accessories. BONUS: 50 Classical Music Works & Money Back Guarantee. Call Today!… Full text

Place an Ad | More Classifieds

Calendar

Henricus Historical Park will hold “Virginia’s Thanksgiving Feast and Prayer” from 10 a.m. to 5 p.m. Visitors are invited to learn about the real meaning of Thanksgiving, which was recognized… Full text

Your weather just got better.

Henricopedia

Henrico's Top Teachers