Reid Raises $2 Million in Third Quarter

Posted October 13, 2009 at 3:58pm

Senate Majority Leader Harry Reid (D) is hoping money can buy him love in Nevada. The four-term Senator added $2 million in receipts to his war chest as he prepares for re-election in 2010, his campaign announced Tuesday.The third-quarter haul means Reid has raised a total of $12 million for the election cycle, and he ended September with $8.7 million in cash on hand.Poll results from Mason-Dixon Polling & Research and the Las Vegas Review-Journal over the weekend showed that those millions could come in handy in what is shaping up to be the toughest race of his career. Reid continues to trail two relatively unknown Republican candidates — former state Republican Party Chairwoman Sue Lowden and real estate developer Danny Tarkanian — and half of the voters polled said they held a negative opinion of their senior Senator, compared with 38 percent who viewed him favorably.Neither Lowden nor Tarkanian have released third-quarter fundraising numbers. Lowden, who has personal wealth from the casino industry, officially launched her campaign Oct. 1, though she had been raising money via an exploratory committee before that.A third Republican, New York-based investment banker John Chachas, announced last week that he would report $1.3 million in campaign funds after contributing $1 million of his own money.Others vying for the GOP nomination include former state Assemblywoman Sharron Angle, physician Robin Titus, Reno attorney Chuck Kozak and state Sen. Mark Amodei.Reid has set a $25 million fundraising goal for his campaign and is likely to have a resource advantage over his eventual challenger.The race is expected to attract a high rate of out-of-state conservative donors, thanks to Reid’s national profile. And Republicans believe that as long as their candidate is financially competitive, they have a good shot at unseating Reid, even if their side is outspent.