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Politics

Nixon Crushes Kinder in Fundraising

October 17, 2011

Missouri Democratic Gov. Jay Nixon has more than two and half times as much money in the bank as Lt. Gov. Peter Kinder, his likely Republican opponent, campaign finance reports show.

Nixon's campaign announced Monday that the first term governor raised over $1.46 million during the third quarter and ended the period with over $4.2 million in the bank - his best quarterly fundraising performance this election cycle.

Kinder raised about $410,000 during the third quarter, ending with over $1.55 million in the bank. Kinder held some high profile fundraisers during the period, including one with Karl Rove and one with Mississippi Gov. Haley Barbour. Kinder's high burn rate is also worth highlighting. He finished the third quarter with about $106,000 less than he had in the bank at the start of the quarter.

What to make of the numbers? Nixon was expected to bank more money, so that's no huge surprise. Kinder, who has faced a string of negative headlines this year, is still raising money at a decent clip, which signals he is still leaning towards running. He told the American Spectator in late September that he would have an announcement "in four to eight weeks."

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