General Assembly Campaign Races Raise Nearly $50 Million

October 17, 2007

Campaign races for the General Assembly raised nearly $50 million according to campaign finance reports.

That matches the total for the state's most expensive governor's race and obliterates all records for legislative fundraising. Add in nearly $21 million raised by Virginia political action committees, and the political fundraising total approaches $68 million.

Campaign finance reports show state Senate candidates had raised nearly $25 million since January of 2004. House candidates have raised more than $22 million since January of 2006.

The sum of those fundraising totals matches the record amount that Democrat Tim Kaine and Republican Jerry Kilgore raised and spent in the entire governor's race two years ago.

At the present pace of fundraising, experts say it's possible that this year's campaigns could reach $100 million raised through the November 6th election.

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