Doherty Still Keeping Pace With McCaul on $$$
Democrat seeks to uproot incumbent from Congress
By Lee Nichols,
4:35PM, Thu. Oct. 16, 2008
In a congressional district once considered unwinnable by Democrats, Dist. 10 challenger Larry Joe Doherty is still keeping pace with incumbent Republican Michael McCaul in fundraising. Doherty took in $212,795 in contributions from July 1 to Sept. 30, according to the latest federal campaign finance reports, compared to $219,766 for McCaul. The incumbent also loaned his campaign $60,000 from his own pocket during this period; that makes two consecutive reporting cycles that McCaul loaned himself $60K. Doherty made no loans to himself this period, but kick-started his campaign last year with $100,000 of his own cash.
McCaul has taken in or loaned himself more than $1.3 million over the entire 2007-08 election cycle, and still has $597,740 cash on hand. Doherty has $1,018,316 in total receipts, and still has $220,675 available.
Of Doherty’s total receipts, 83% have come from individuals, 7% from political action committees, and 10% from Doherty himself. Of McCaul’s money, 56% was from individuals, 34% from PACs, and 9% from McCaul.
After the reporting deadline, Doherty was added to the Democratic Congressional Campaign Committee's "Red to Blue" program, which is expected to bring him more financial support.