By Bill Estep – email@example.com
Attorney General Jack Conway had nearly twice as much cash on hand for his U.S. Senate campaign than his Republican rival, Rand Paul, at the end of June, reports show.
Conway reported $703,012 in the bank at the end of the April 1 to June 30 quarter and debt of $331,209, according to a summary of his campaign-finance report released Thursday.
Of that debt, $250,000 is money Conway loaned his campaign, which doesn’t have to be repaid, said Allison Haley, spokeswoman for the campaign.
Paul reported having $360,635 cash on hand at the end of the second quarter and a debt of $57,506, according to a summary released by his campaign.
Both candidates have since taken part in fund-raisers to push up their campaign accounts.
The reports show Paul took in more in contributions than Conway during the second quarter — $1.13 million compared to $1 million.
Overall, Paul had raised more than $3.5 million during the Senate race and spent more than $3.1 million by the end of June, his report showed.
Conway reported total receipts of almost $4 million total during the race and expenditures of $3.28 million. Conway loaned his campaign $525,000 of his total, all of it before the May 18 primary.
Paul, a Bowling Green eye surgeon, has not loaned his campaign any money, reports show.
The summaries show each candidate spent more in the second quarter than they received in contributions.
For Paul, the gap was slight — $1.13 million in net contributions and $1.18 in spending.
Conway, however, reported spending $1.7 million in the second quarter — $700,000 more than what donors gave him — as he fended off a strong bid from Lt. Gov. Daniel Mongiardo for the Democratic nomination. He reported $675,000 cash on hand three weeks before the primary to help fuel his final push, however.
Conway’s margin of victory over Mongiardo was less than one percent of the votes cast.
There has been a marked difference in contributions from political-action committees to Conway and Paul so far, the summary sheets show.
As of June 30, Conway had gotten $265,788 from PACs. Paul had gotten $8,820.