JACKSON, Miss. - Thousands upon thousands of dollars are pouring into the campaigns of Republic Senator Thad Cochran and his challenger State Senator Chris McDaniel, while Democratic nominee Travis Childers is hoping to bring in more funds after the June 24th runoff between the Republicans.
"I think we've raised enough money so that we ought to be put over the top," says incumbent U.S. Senator Thad Cochran about campaign funds. "It's an increase, not only in volunteers but in funding, people are starting to hear their voice heard and it's always great when people engage the system," says Senator Chris McDaniel. "We realize it will take a lot more money to run the general election that it did the primary, it will take several million dollars to run this primary," says Democrat Travis Childers.
While candidates seem optimistic about their fundraising let's crunch the numbers to see just how much each money each one has raised and spent. According to numbers we pulled from the Federal Election Commission's website, total spending in the Cochran-McDaniel race hit the $12.4 million mark on June 3rd.
From OpenSecrets.org, as of May 14th incumbent, Senator Thad Cochran leads the trio with more than $3.6 million raised with a little more than $3.4 million spent. Opponent State Senator Chris McDaniel has raised more than $1.2 million, spending more than one million dollars. Travis Childers has raised more than $82,000 and only spending a little over $8,000.
What type of sectors are throwing their financial support behind the senate candidates? Cochran is raising big bucks with the agribusiness, more than $500,000 in contributions. McDaniel's seeing more support in ideology and single-issue sectors with more than $300,000 while the Childers campaign saw most of its money from lawyers and lobbyists with more than $8,000.
So where is most of the money coming from? Cochran is getting support in Jackson, Biloxi, Hattiesburg, D.C., and San Diego, with most of the money coming from Jackson with more than $270,000. McDaniel is also receiving support from Jackson but most of his campaign funds are out of state, from Houston, New York, Orlando and West Palm Beach. While Childer's main support is coming from Memphis, Tennessee and Hattiesburg.
You can expect to see more cash flowing to the McDaniel and Cochran campaigns in the lead-up to the June 24th runoff.
Just last night, according to politico.com, hundreds of republicans gathered in Washington, D.C. to raise $820,000 for the Cochran campaign.
Should Chris McDaniel win, political experts say Travis Childers can expect to receive a big boost in support from the National Democratic Party.