I am writing today to announce the closure of the New Mexico Independent. After three and a half years of operation in New Mexico, the board of the American Independent News Network, has decided to shift publication of its news…
Martinez outraises Denish, but Denish has more cash on hand
Republican gubernatorial candidate Susana Martinez, with a large assist from the Republican Governors Association, out-raised Democratic gubernatorial candidate Diane Denish more than three-to-one in the latest reporting period. Denish, however, has more money in the bank.
Martinez reported raising more than $610,000 from May 26 to June 25. Of that, nearly half, $250,000, came in the form of a June 9 donation from the RGA. Denish’s largest donation was $12,000 from the Southwest Investment Trust, a real estate investment compnay, on June 16.
Martinez won a five-way Republican primary on June 1 with more than 50 percent of the vote.
Martinez reported spending more than $450,000 in the fundraising period and finished the fundraising period with $300,000 cash on hand.
Denish raised nearly $190,000 in the period and her campaign reported that more than 90 percent of that came from New Mexico donors.
Denish spent more than $650,000 in the period but was left with nearly $2.2 million cash on hand.
Martinez previously received a large fundraising boost from Bob Perry, a Texas developer who helped finance the anti-John Kerry Swift Boat Veterans for Truth 527 group in the 2004 presidential elections.
Denish began raising money for a gubernatorial race years ago, well before Martinez entered the race, and has always held a cash advantage over any opponents.