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By Kent Cooper Posted at 9:55 a.m. on Oct. 8, 2013
The ranking member of the House Agriculture Committee, who spent $1.5 million for his 2012 re-election, has reported another quarter of low fundraising receipts for the 2014, and is far below his usual war chest balance at this time of the election cycle.
Rep. Collin Peterson, D-Minn., reported he raised only $82,852 in the third quarter of 2013, leaving a cash on hand balance of $227,388 as of 9/30. In earlier election cycles, his campaign committee had cash on hand of $609,898 on 9/30/2011, $547,492 on 9/30/2009, and $486,509 on 9/30/2007.
The 2012 election was his most expensive and he relied on over $400,000 carried over from the previous cycle and $896,441 from PAC contributions. In 2013, he carried over only $34,417 from the last cycle and has received $257,750 from PACs, including $69,172 in the third quarter of 2013.
To search detailed money-in-politics databases, visit Political MoneyLine.
Political MoneyLine is about following money in politics. It's a cash register for givers, receivers and those who want to watch the flow.
Kent Cooper has been uncovering and counting political money since 1972, when new disclosure laws took effect. He was assistant staff director for the Federal Election Commission's disclosure office for 22 years.
Tony Raymond was at the FEC for more than 20 years, analyzing reports and serving as the FEC's first webmaster.