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Invisible Bank Accounts

The virtual anonymity of McFarland and Spencer has translated into dismal fundraising, with the two combining for less than $800,000 with just over six months left until the general election.

Spencer, who has been a declared Senate candidate for several months longer than K.T, has just $340,000 on hand (although he did raise $1.1 million in the first three months of 2006), while McFarland has about $430,000. McFarland’s total includes roughly $200,000 she had transferred from her initial campaign effort against Rep. Carolyn Maloney (D.-N.Y.).  

Meanwhile, the latest figures show Hillary having nearly $20 million for her re-election. Her fundraising prowess shows no signs of slowing down, as she raised $6 million in the first three months of 2006.

 Ann Lewis, Hillary’s communications director, bragged that "This is a tribute to her hard work and the depth of support she’s built," and also claimed that 95 percent of Hillary’s contributions were for $100 or less. Lewis did not brag about how the campaign had to spend $3.4 million to raise their 2006 cash.

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