Candidates for Virginia Governor Raise $8 Million In First Quarter
The April 15 deadline to file campaign finance reports also applied to the four major candidates for the Virginia governorship this year. The three Democrats and one Republican combined to raise $8 million in the first three months of the year.
A majority of those funds was raised by Terry McAuliffe ($4.2 million), who whetted his fundraising skills as the chairman for the Democratic National Committee and as a longtime strategist for Bill and Hillary Clinton.
Benefiting from Virginia’s lack of limits on political contributions, McAuliffe reported 20 contributions of at least $50,000 that cumulatively totaled $1.85 million — or close to half of his total take for the reporting period. He received $251,000 from Haim Saban, the president of an eponymous entertainment company, and $250,000 from producer Steve Bing. Both men also gave generously to the Democratic Party during McAuliffe’s DNC years.