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Burke: I Won’t Self-Finance My Campaign

Except for that $400,000 starter loan naturally…

This has got to be a blow to the Democratic state establishment.  Part of what they were said to be pushing about Burke as a candidate was she was a “business-minded woman who was rich.”  All code words for “She can cut checks to overcome Walker’s fundraising.

Now, it appears that avenue is being closed.

Democrat Mary Burke says she won’t be able to self-fund her campaign for governor, saying she does not have that kind of wealth.

When Burke first floated the idea of running for governor, her personal wealth made her an appealing candidate to some Democrats and made others think twice about entering the race. The former Trek executive, whose father founded the company, has not disclosed her net worth, though she did donate more than $400,000 to her campaign in just its first few months.

But Burke says people should not expect her to spend as much as some of Wisconsin’s most famous self-funded candidates.

“I will put into this race what I can, but I can’t self-fund it,” said Burke. “I’m not a Ron Johnson or a Herb Kohl. I don’t have that type of wealth.”

Johnson contributed nearly $9 million to his successful U.S. Senate campaign in 2010. Former U.S. Senator Herb Kohl gave his campaigns more than $19 million over the course of his political career.

Burke says she’ll be relying on traditional fundraising to get her message out.

Her “traditional fundraising” hasn’t been going so well.  While she raised $1.3 million $1.79 million for the second half of 2013, remove the $400,000 loan and it was only around $900,000 $1.4 million in just six month.  Not the kind of numbers that tend to help you in a political fight these days.

(Corrected from earlier comment.)

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  • jeff

    Your numbers on Burke’s fundraising are wrong. It was $1.79 million in Q4 2013. She had 1.3 cash on hand, which is likely the error.

  • jeff

    Also, since she declared on October 7th, wouldn’t the “in just six months” be “in three months” as that was the true metric?