Sen. Debbie Stabenow will kick off her re-election bid with about $3 million in the bank, according to the Associated Press.
The Michigan Democrat will also report raising $1.2 million in the first three months of this year.
Stabenow is running for a third term in 2012. Her race is expected to be competitive, although no Republicans have officially jumped into the fray yet. Several Republicans — including former Rep. Pete Hoekstra, former Michigan Secretary of State Terri Lynn Land and former state GOP Chairman Saul Anuzis — are considering entering the race.
Terri Henderson, 6, center, whose mother is El Salvador, attends a rally with members of Congress at Union Station's Columbus Circle to announce the Restore Opportunity, Strengthen, and Improve the Economy (ROSIE) Act on July 29, 2014. The legislation provides incentives for government contractors to pay a living wage and other benefits that would help low-income workers.