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McNerney rakes it in

By Josh Richman
Friday, August 3rd, 2007 at 9:53 am in Elections, Jerry McNerney, U.S. House.

Rep. Jerry McNerney, D-Pleasanton, raised a serious load of campaign money in his first six months in office, FEC reports show, even by compared to a strong showing by other freshman Democrats in touch-and-go districts.

McNerney banked $823,293 from January through June — $525,854 in individual contributions and $296,175 from political action committees – and spent $209,070; combined with a little bit of money he had at the start, this left him with $662,545 cash on hand as of June 30.

Congressional Quarterly’s reports that among the 42 Democratic freshmen, the average fundraising for 2007’s first half was $520,000; their average cash on hand at midyear was $454,000. And among the 21 freshmen elected from districts that had voted two years earlier for President Bush, the average amount raised was $601,000 and the average cash-on-hand was $520,000.

Marketing company owner, former Assemblyman and former Board of Equalization member Dean Andal, the only stated Republican candidate already raising money to challenge McNerney next year, raised $288,168 in 2007’s first half — $272,168 in individual contributions, $16,000 from PACs – and spent $8,353, leaving him with $279,814 at midyear.

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