Tags: mcauliffe | out | of | state | funding | governor

WSJ: McAuliffe Raises 75 Percent of Funds From Outside Virginia

Image: WSJ: McAuliffe Raises 75 Percent of Funds From Outside Virginia

Monday, 26 Aug 2013 08:49 AM

By Matthew Auerbach

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Three out of every four dollars that Democrat Terry McAuliffe has raised in his campaign to become Virginia's next governor have come from outside the state, a new report shows.

Much of the cash has been raised through McAuliffe's mentors, Bill and Hillary Clinton, The Wall Street Journal reports, and Hillary Clinton is set to host two fundraisers within the next two months.

Bill Clinton personally gave the former co-chairman of his 1996 re-election campaign $100,000, and others connected to the former president and his wife have been equally generous, the Journal reports.

Media tycoon Haim Saban, who served on a trade advisory council under Clinton has given $250,000; businessman Ron Burkle, a close personal friend of Clinton, has donated $100,000 as has Doug Band, a senior Clinton White House aide who has been closely involved in building the 42nd president's Clinton Global Initiative program.

Two other major Clinton donors, Chicago businessman Fred Eychaner and financier Marc Lasry have also given big — Eychaner with $100,000 and Lasry with $75,000, the Journal reports.

The Journal says McAuliffe's November opponent, Republican state Attorney General Ken Cuccinelli may gain from McAuliffe's close ties to the Clintons.

"Many conservatives and Republicans see this election as a big test: the Clinton liberal Democratic clique versus a true, red-state conservative," political analyst Stuart Rothenberg told the paper.

"Hillary's name is being used to raise money for Terry, but her name also raises money for the GOP."

The Journal said McAuliffe — who has held a slight lead in recent polls — is ahead in the money stakes, having raised $12.3 million so far, compared to Cuccinelli's $7.7 million.

The paper says around 60 percent of Cuccinelli's money has come from outside Virginia.


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