Despite having $424,000 in unused campaign donations from her failed 2010 U.S. Senate bid, Christine O’Donnell’s (R) “fledgling political organization could soon go broke,” the Wilmington News Journal reports. “She has nearly exhausted her leftover funds, has reportedly had lackluster book sales and is being sued by a longtime supporter who claims she’s trying to stiff him out of pay for political consulting and legal research. Her political action committee, ChristinePAC, and Senate campaign had a combined $36,100 left in the bank at the end of 2011.” Just 3,000 copies of O’Donnell’s book, Troublemaker , have sold since its release in August including those copied purchased by her PAC for $19,912.
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O’Donnell’s PAC Nearly Broke
A new Washington Post-Pew Research poll finds 29% of Americans say lawmakers associated with the Tea Party have had a “mostly negative” effect, 11 points higher than the number expecting a negative impact when the current Congress was sworn in. Just 22% see a “mostly positive” effect of the Tea Party, down five points.
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More See Tea Party as Having a Negative Impact
Failed Nevada gubernatorial candidate Rory Reid (D) “agreed to pay a $25,000 penalty from his own pocket to settle accusations he skirted campaign finance laws,” the Las Vegas Review Journal reports. “Reid was accused of funneling more than $900,000 to his gubernatorial campaign last year through 90 shell organizations in an effort to bypass limits on political donations.”
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Reid Agrees to Fine for Campaign Finance Scheme
John Avlon : “The cycle of over-reach and backlash is in over-drive these days — with significant implications for the 2012 presidential election. In pivotal swing-states where voters narrowly elected Republican governors in 2010 — like Florida and Ohio (with 47 electoral votes between them) — evidence of buyer’s remorse is piling up fast.”
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Popularity Plummets for New GOP Governors
Sen. Richard Blumenthal (D-CT) “lent his 2010 Senate campaign slightly more than $2.5 million, of some $8 million spent. He was forced to reclassify most of that as a contribution, however, by a federal law that requires repayment of candidate loans within 20 days of the election,” the Connecticut Mirror reports. Said his campaign chairman: “Quite honestly, there were efforts to raise money during that [20-day] period but it wasn’t enough to pay the loan off.”
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Blumenthal Joins Ranks of Self-Funded Candidates