Rangel spending more than he’s raising on re-election campaign
New York Rep. Charlie Rangel (D) is currently campaigning for re-election to U.S. House of Representatives. This is Rangel’s toughest primary campaign in his 42-years in Congress and it appears that his campaign is having money trouble. The Roll Call reports:
New York Rep. Charlie Rangel (D), in the toughest primary of his career since he came to Congress in 1970, pulled in more than $29,000 from fellow Members from April 1 to June 6, according to newly filed fundraising reports.
But all the help from his colleagues wasn’t enough to keep the campaign’s burn rate below 100 percent. The Rangel campaign spent $344,000 during the pre-primary period but raised $297,000 during that two-month period. That left the 82-year-old Congressman with just $179,000 in cash on hand as of June 6 — not a huge sum for the last days of a competitive election. The primary is June 26.
State Sen. Adriano Espaillat (D), Rangel’s main rival, pulled in $272,000 and spent $198,000 during the same period. On June 6, he had $73,000 in cash on hand.
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