Number of the Day: $3.19M

July 18, 2013 | Number of The Day
Campaign Coffers of Big-Six PACs

With four months until statewide elections, the so-called Big Six political action committees in New Jersey have $3.19 million on hand to get their candidates elected in November.

As of June 30, the Democratic and Republican committees at the state level and for the Senate and Assembly leaders had raised $3.4 million, spent $1.9 million and had $3.19 million left, according to a report out yesterday from the New Jersey Election Law Enforcement Commission.

The GOP, hoping to win majorities in one or both houses with popular Gov. Chris Christie at the top of the ticket, has more money — almost $2 million — compared with $1.2 million for the Democrats, whose gubernatorial candidate Sen. Barbara Buono has been struggling in the polls and to raise her own money.

ELEC’s analysis shows that the two Republican leadership committees and New Jersey Republican State Committee have raised nearly triple what they had four years ago — the last time the governor’s race topped the ticket — spent two times more and have 139 percent more cash on hand.

The Democrats, on the other hand, have raised less than half of what they did in 2009 — when wealthy Gov. Jon Corzine was their leader – and they have almost 60 percent less cash available, having spent about 30 percent less.