Earlier this afternoon, the McFadden for Senate campaign released this statement:
McFadden Has Best Fundraising Quarter Yet
Franken Challenger Starts 2014 With $1.7 Million Cash On Hand
Eagan Minn. – After posting his best fundraising quarter yet, Senate candidate Mike McFadden will report having $1.7 million cash-on-hand in his race against Sen. Al Franken (D-MN). In its year-end report, the McFadden for Senate campaign will report raising approximately $780,000 during the last three months of 2013. McFadden has raised $2.2 million since entering the race in late May.
“I am truly grateful for all the support Minnesotans have given to my campaign over the past few months,” said McFadden. “If there’s anything to learn from 2013, it’s that we can do better as a state and as a nation. Obamacare is still a disaster, the government is still spending too much money and middle class families are still worried about the economy. I look forward to hitting the campaign trail again in 2014 and holding Al Franken accountable for failing to address the challenges that Minnesota families face today.”
The McFadden for Senate campaign will file its report with the Secretary of the Senate later this month.
If Sen. Franken thought he was in for an easy re-election campaign going into 2014, he can't think that anymore. Mr. McFadden has raised the most money of the announced GOP candidates for Senate by a significant margin, though he hasn't raised as much as Sen. Franken.
To defeat an incumbent, a candidate needs a) to raise lots of money, b) an appealing message and c) things to break right. At this point, Mr. McFadden has at least 2 of those 3 things going for him. He's certainly raised lots of money. He certainly has a positive, pro-growth message that should appeal to Minnesota's middle class.
What's still to be determined is whether things will break in Mr. McFadden's direction. With Obamacare, aka the Affordable Care Act, being a disaster and with more bad news heading in Sen. Franken's direction on that, it isn't a stretch to think McFadden has a shot at having things break his direction.
Private polling has shown Sen. Franken vulnerable, too. Though the DFL has tried insisting that Sen. Franken is as untouchable as Sen. Klobuchar was in 2012, that clearly isn't the case. Policies aside, Sen. Klobuchar gets away with things that Sen. Franken could only dream of getting away with.
This race is shaping up to be one of the interesting sleeper races across the nation. If Mr. McFadden continues raising lots of money, he'll be competitive against Sen. Franken.