Archer raises more money than Loebsack from July to September
Incumbent is still ahead in money race overall, though
For the first time, Republican John Archer raised more money than incumbent Rep. Dave Loebsack in a three-month quarter, according to new filings with the Federal Election Commission.
Loebsack still maintained a sizeable cash lead going into the last five weeks of the election, however.
Archer raised $413,404 for the quarter, according to a new report filed with the FEC, besting the $312,223 Loebsack took in for the period running from July 1 to Sept. 30. Archer combined $295,004 in individual contributions with $116,300 in political action committee donations to come up with his total. Loebsack raised $148,684 from individuals and another $163,539 from PACs.
Next door in the 1st District, three-term Democratic Rep. Bruce Braley outraised Republican challenger Ben Lange by $64,368.
Archer, an attorney at Deere & Co., has been getting some modest help from his party since the early part of September, mostly in the form of television advertising targeting Loebsack.
The three-term incumbent hasn’t seen similar assistance from his own party. But then, Loebsack has held a large fundraising lead throughout the campaign, as well as holding far more money in the bank.
Archer was able to narrow the Democrat’s edge in both of those columns with his third-quarter performance. Loebsack held an approximately 12-1 advantage in cash on hand at the end of July, but it was closer to 5-1 at the end of September.
Loebsack reported having $668,124 in the bank at the end of quarter, compared with $143,189 for Archer. He has raised nearly $1.4 million for the cycle compared with $740,000 for Archer.
Loebsack spent $445,287 for the quarter, while Archer spent $337,382. For both candidates, that’s far more than half their total spending for the two-year cycle.
Braley, who has raised $2,352,577 this election cycle, reported $476,803 in receipts this quarter compared to $412,435 for Lange, who has raised $834,115 this cycle.
Lange reported spending $470,794 during the past quarter – less than half of the $1,000,495 the Braley campaign spent.
Braley has $574,784 cash on hand heading into the final days of the campaign while Lange has $203,852.
The National Republican Congressional Committee has sought to balance the scales in terms of spending for both Lange and Archer. It accounted for the bulk of the nearly $835,000 in independent expenditures that have flowed into the 2nd District race. All of that money has been on the Republican side. None has been spent by the Democratic Congressional Campaign Committee or its allies on the left.
In the 1st, the NRC has spent $416,014 for Lange. He also received help from the American Future Fund to the tune of $45,477.Meanwhile, The House Majority PAC has spent $166,662 attacking Lange.