Some very interesting stuff in today’s campaign finance filings. This is the first reporting deadline for Vermont candidates since last July, an eternity in political terms. (Perhaps the Legislature will deign to create a few more reporting periods for the next cycle?)
Reactions, in rough order of importance:
Yes, Bruce Lisman is serious about this running-for-governor thing. He has poured $454,000 of his own money into his campaign, and he raised a non-inconsequential $171,000 from other people, for a healthy total of $625,000. On the other hand, his campaign has a very high burn rate; he’s already spent $571,000. He’s been spending heavily and consistently since the early fall of last year –much of it on staff salaries, consultant firms, and the services of Capital Connections, the PR/lobby shop fronted by his spokesperson Shawn Shouldice.
Because of his high burn rate, Lisman has by far the least cash on hand of all the four major candidates for governor. Of course, he can always write himself a bunch more checks, so weep not for Bruce.
Fun fact: Lisman scored a $2,500 contribution from Wall Street TV shouter Lawrence Kudlow.
Phil Scott is doing just fine, thanks for asking. He’s raised $414,000 and spent a little more than half that. And all of that 414K came from other people — so, as expected, he’s got a lot more fundraising clout than Lisman. It must be noted that, of the four major candidates for governor, Scott has raised the smallest amount of money. But somehow I expect he can kick it into a higher gear when he needs to.