U.S. Senate fundraising
Update: Click here for Saturday's story.
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State Sen. Kay Hagan announced she had raised $561,836 in the last three months of 2007 for her U.S. Senate campaign. Really, that's the last two months of 2007, since she officially launched her campaign and filed paperwork on Oct. 30.
Her chief rival for the Democratic nomination, Chapel Hill investment banker Jim Neal did not release numbers today, saying "I know we had a good quarter but we could have done better." He forecasted that the first three months of this year would be “very big.”
Republican incumbent Elizabeth Dole raised $1.1 million in the final three quarters of 2007, her campaign said. That would bring her total fundraising effort for the year to $4.8 million.
Conservative projections suggest the Democratic nominee will need to raise a total of $8 million to take on Dole, while others say the number could go as high as $12 million.
More on all this in Saturday's paper (I think).
