Holcomb maintains significant cash advantage in governor’s race

From left, Gov. Eric Holcomb, Democrat Woody Myers, Libertarian Donald Rainwater

Republican Gov. Eric Holcomb nearly quadrupled his Democratic opponent in fundraising during the third quarter, according to campaign finance figures released Thursday afternoon.

Holcomb reported raising nearly $1.8 million from July 1 through Sept. 30, while Democratic candidate Dr. Woody Myers raised about $464,000 and Libertarian candidate Donald Rainwater raised close to $188,000 during the same time period.

Holcomb received nearly 60 donations that were more than $5,000.

Myers continued to contribute his own to the campaign, either loaning or providing in-kind donations totaling more than $64,300 in the third quarter. That brings his total amount contributed to the campaign this year to nearly $268,000. Myers initially said he would not be self-financing the campaign.

Holcomb spent about $3.7 million during the third quarter, and he has more than $6 million remaining in his war chest for the final few weeks of the campaign.

Myers, who has struggled with fundraising the entire campaign, spent nearly $456,000 and has only about $80,500 remaining.

Rainwater, who only spent about $62,500 during the third quarter, has more cash on hand than Myers, with more than $131,000. Rainwater has been gaining traction in the race thanks to conservatives who are upset with the restrictions Holcomb has imposed during the COVID-19 pandemic.

And since Sept. 30, Rainwater added another $65,000 in large contributions.

Myers has reported more than $18,500 in large contributions since then, and Holcomb has received more than $57,000 in large donations since then.

All three candidates will meet for a debate hosted by the Indiana Debate Commission on Tuesday night. The candidates will be in a studio together for the forum, but there will not be a live audience.

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2 thoughts on “Holcomb maintains significant cash advantage in governor’s race

  1. Holcomb looks like a money machine, but as a leader, he is absent. He told us the data would drive his decisions on the COVID 19 pandemic, but since he opened up Indiana, the data is all moving in the wrong direction (more infections, more deaths, more hospitalizations, more respirator usage), still Holcomb ignores the data. Our neighbors are not. New York, Ohio and Chicago now tell all Hoosiers that when we arrive, isolate for 14 days to make sure you are not a carrier. Holcomb may ignore the data but careful neighbors are not.

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