Winning state political offices costly
During a recent speech to the Brundidge Rotary Club, Secretary of State Jim Bennett warned of the exorbitant costs of campaigning for constitutional office in Alabama.
To run a successful campaign for governor, Bennett said, a candidate must raise $5 million to $7 million; for lieutenant governor, $2 million; and for a seat on the state Supreme Court, $1 million to $2 million.
The reason, he said, is the growth of the two-party system and the need for candidates to campaign beyond the primary season. Toss in a competitive race between those aligned with the trial lawyers or the business interests, and the spending increases exponentially.
It takes money – big money – to campaign statewide for 10 months or more, and that means serious candidates must be serious about fund-raising.
Financial disclosure reports filed this week by the gubernatorial candidates seem to support Bennett’s theory.
According to the reports, incumbent Gov. Don Siegelman has $4.6 million on hand for his primary campaign. His opposition in the Democratic primary, Agriculture Commissioner Charles Bishop, is using a $1 million loan to fund the campaign.
In the Republican primary, U.S. Rep. Bob Riley has approximately $1.3 million remaining in his fund, having spent an additional $1.2 million to date. Lt. Gov. Steve Windom has spent approximately $1.2 million and
has an additional $1.2 million remaining in his fund. Tim James, the Greenville businessman, has spent less than $200,000 so far and has approximately $946,000 remaining for the six-week primary campaign.
If, as some political analysts say, money buys exposure and influence, the incumbent governor has a hard-to-deny lead over his opposition in the fund-raising arena.
The real test will be seeing how far that fund-raising lead carries Siegelman in the primaries and in the general election.
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