Sunday, January 31, 2010

Pearce out raises Teague in fourth quarter

Updated with corrected numbers.

Republican 2nd Congressional District candidate Steve Pearce out raised Democratic incumbent Harry Teague once again in the fourth quarter of 2009, but Teague still leads in overall fundraising during the election cycle.

That’s according to fourth-quarter fundraising reports that have been filed with the Federal Election Commission.

Pearce raised $252,463 and spent $142,368.43 during the reporting period, according to his report. He ended 2009 with $569,607.37, and has raised $760,308.06 overall for his bid to unseat Teague.

During the fourth quarter, $45,750 of the money he raised came from political action committees.

Teague raised $157,119.81 during the reporting period – with $76,400 of it coming from PACs – plus he had another $29,800 transferred to his campaign account from other authorized committees, so his total receipts added up to $188,511.27. He spent $57,660.80, according to his report. To date in the election cycle, he’s raised $1.077 million, and he ended 2009 with $885,635.91 on hand.

The committee transfers noted in Teague's year end report reflects money raised during a joint fundraiser with Rep. Martin Heinrich, which included a trip to Albuquerque by Vice President Joe Biden.

Note: This report was updated to accurately report the committee transfer money.

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