GA-Sen: Saxby's Empty Coffers

Georgia's freshman Republican Senator Saxby Chambliss, beneficiary of the infamous ads targeting Max Cleland six years ago, woke up to some bad news this morning: He had been outraised in the past quarter by his Democratic challenger, Jim Martin.

Campaign finance reports show upstart Democratic Senate challenger Jim Martin has raised more money than Republican Sen. Saxby Chambliss over the most recent three-month period.

In by far his best fundraising haul, Martin took in more than $1.3 million from July through the end of September.

The silver lining for Chambliss is that Martin spent almost all of the money and had just $92,340 in the bank heading into the final month of the campaign.
Chambliss had about $1.2 million in his treasury after raising about $1.1 million for the third quarter.

The advantage shows that Martin has had an easier time convincing people to donate as the race has grown competitive. Chambliss once had some $4 million in the bank compared with just a few hundred thousand dollars for Martin, a former state legislator.

As bad as it is for Chambliss that he was outraised by Martin, the worse news was that he emptied most of his coffers -- it looks like he spent close to $4 million during the third quarter, leaving him just over $1 million in the bank -- to little avail. Take a look at the trend in the race:

This race is fully on the map -- even the NRSC has been forced to concede as much. But Martin can still use our help. He is getting the backing of the Democratic Senatorial Campaign Committee who, to their credit, have been bullish on Martin for a very long time and who had been willing to give him room to build up a strong campaign (here's one such DSCC ad). Yet, as you can see above, he needs some cash flow to keep his campaign going. So if you can, head over to Act Blue today and make a contribution to his campaign. Want to know more about Martin first? Head over to Matt Stoller's interview with Martin posted today over at Open Left before making a contribution.

Tags: GA-Sen, Georgia, Senate 2008 (all tags)

Comments

5 Comments

Wow

I was skeptical about this race due to the original cash disparity.  But wow.

I want to see how McConnell's finances look like right now.

by Ramo 2008-10-16 11:56AM | 0 recs
Re: GA-Sen: Saxby's Empty Coffers

From the shape of that chart, I'd say Chambliss was truly fucked.

by Stoic 2008-10-16 12:33PM | 0 recs
Re: GA-Sen: Saxby's Empty Coffers

Martin's ads are constantly airing - now the new DSCC ads are up here as well.  I really think the conservatives in the state are upset about Chambliss regarding the bailout.  Martin is a true progressive and I hope to call him Senator soon!

by TarHeelinGA 2008-10-16 12:40PM | 0 recs
Re: GA-Sen: Saxby's Empty Coffers

Bought a t-shirt yesterday (Which counted as a contribution.). Also from my understanding, the DSCC is investing 500,000$ in commercials in the race. I think Martin can and will take this one. It only serves Chambliss right for his despicable acts in 02'.

by onlinesavant 2008-10-16 07:13PM | 0 recs
Re: GA-Sen: Saxby's Empty Coffers

It looks like the coffers were so empty that he couldn't even buy up the relevant domain names!

http://saxby-chambliss.com/

by Neil the Ethical Werewolf 2008-10-22 05:24AM | 0 recs

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