Republican Second Congressional District candidate Monty Newman raised almost $300,000 during the first three months of 2008, including a $100,000 loan he made to his own campaign.
In addition to the loan, Newman raised $194,200 from individuals and $1,000 from political action committees, bringing the total raised to $295,200, according to the report he filed Friday with the Federal Election Commission. He spent $88,906, leaving him with $206,293 in the bank on March 31.
Newman is the first candidate from the
Newman had a large number of contributions from
Newman didn’t enter the race until January, so the new FEC report is the first indicator of his ability to raise money. Though his fundraising is respectable, he has a difficult road ahead. He fell just short of securing 20 percent at the March 15 preprimary nominating convention and had to gather additional signatures to stay in the race. No candidate who failed to secure 20 percent at a preprimary convention has ever gone on to win a primary in