Perriello has an early fundraising advantage. His campaign reported $1.7 million in cash on June 30, with $3,000 in debts. Hurt's campaign had $216,000 in cash and about $85,000 in debts.
When you consider the money Hurt owed to his Beltway consultants he's at about $130,000 cash on hand, compared to Perriello's commanding $1.7 million. I could write a post that rubbed this fact into every the face of every Hurt supporter who claimed that the money would roll in after the primary. I could say that this proved my point that Hurt is having serious financial problems. Or that Hurt will depend heavily on outside groups to "bailout" his campaign. Hell, I could even point out that Hurt's $130,000 on hand is pretty close to Virgil Goode's $111,540.64 on hand--AND HE'S NOT EVEN RUNNING!!
But I'm a better man than that.
More importantly, if you look at Perriello's fundraising pace so far this year and his performance from 2008 I think he could easily reach another $1 million raised before election day. Perriello and Goode personally spent about the same amount in 2008, but Perriello benefited from a significant last minute investment from national Democrats. About $700,000 or so was spent on his behalf in 2008, while Republicans kicked in a minor $100,000 or so for poor Virgil.
The Democrats and their labor allies will throw down big money for Perriello this year. I'll put their commitment at at least another $1 million. With some generous rounding, that puts Perriello at almost $4 million for the election campaign to come. And Hurt . . .
Where will Hurt be?
It's a concerning question for conservatives here in the Fifth.