Reed loans her campaign $250K

Posted at 10:51 AM on April 15, 2010 by Tim Pugmire (1 Comments)
Filed under: Campaign 2010, Campaign 2010: U.S. House

Dr. Maureen Reed, a DFL candidate for Congress in Minnesota's 6th district, says she'll use $250,000 of her own money to try to unseat incumbent Republican Michele Bachmann.

Reed today released new financial information about her campaign. Her fundraising for the year trailed state Sen. Tarryl Clark, who she'll face in the DFL primary. Clark won the party endorsement. Here's Reed's news release:

Congressional Candidate Maureen Reed announced today that she raised over $204,000 in the first quarter of 2010, ending with $433,000 cash on hand. Reed has raised $779,000 total for her campaign. In addition to the fundraising numbers, the Reed Campaign announced that it will receive a $250,000 loan from the candidate, which will increase the cash on hand to $683,000 and mark over a million dollars coming into the campaign to date.

"This amount levels the playing field between Maureen and her democratic challenger. Maureen is encouraged by the wide support she's received, and this action shows her commitment to this race, dedication to presenting primary voters with a real choice, and defeating Michele Bachmann," said Jason Isaacson, Campaign Manager for Reed's Congressional Campaign.

"Maureen's continued fundraising strength without any high-profile endorsements illustrates that voters want to elect a candidate with extensive real-world experience. Maureen is a political outsider with an incredible background in health care, job creation, and public education. Donors and voters alike know that government is not working for them and that Maureen is the candidate who will work collaboratively and get things done," said Isaacson.

Isaacson added, "At the DFL Convention we were less than 5 votes away from blocking the endorsement, and in last 4 days of the quarter following the convention, we raised over $68,000, indicating that people are not tied to the preferred candidate of DFL activists, but are drawn to a political outsider who can defeat Michele Bachmann in November."

Reed continues to have strong support within Minnesota, with 90% of all donations coming from within the state. In addition, she is heavily supported by individual donors, with 98.5% of all contributions coming from individuals, not PACs or special interests.

The campaign will file its official results with the Federal Election Commission on April 15.

Comments (1)

Note to Isaacson: Close only counts in horseshoes and hand grenades. Ask Norm Coleman.

Posted by Karl | April 15, 2010 12:05 PM

Services

• Hourly Newscast
• HD Radio
• iPhone App / Mobile
• E-mail newsletters
• RSS feeds
• Podcasts
• Submit your photos
• Videos
• Weather
• Most e-mailed stories