Gemma takes on more debt, loans campaign another $150,000July 16th, 2012 at 5:00 am by Ted Nesi under Nesi's Notes, On the Main Site
Gemma made a personal loan of $150,000 to his Democratic congressional campaign on June 30, he disclosed Sunday night in a Federal Election Commission filing. He also donated $42,263 to it and collected $50,373 from others during the second quarter, finishing with $164,343 on hand.
The new $150,000 loan is on top of $193,039 Gemma still owes himself from his 2010 campaign, when he came in second to David Cicilline in the Democratic primary. He now owes himself $343,039 for his two campaigns, the filing shows.
Cicilline finished the three months ended June 30 with $836,325 on hand after raising $299,423, his filing showed. Republican Brendan Doherty – who, unlike Cicilline, doesn’t have a primary challenger – ended the period with $669,350 on hand after raising $215,255, according to his filing.
Cicilline’s two challengers now have a combined $833,693 on hand, only about $3,000 less than the incumbent Democrat, who continues to face a tough battle for reelection. Since the start of last year Cicilline has raised nearly $1.6 million, while Doherty has raised $931,448 since he started in May 2011.