2:06 pm Oct. 15, 2012
Despite a massive lead in fund-raising and in the polls, Senator Kirsten Gillibrand isn't saving much money for her next run in six years.
Gillibrand raised $1.4 million in the latest fund-raising quarter, for a total haul of $15.2 million this cycle, according to her campaign.
But with three ads currently running across New York, and with more time booked for future ads, her campaign reported just $2.58 million in cash on hand, which means she has spent nearly $8 million since the end of June.
Gillibrand is essentially competing against herself in fund-raising at this point—her Republican challenger, Wendy Long, was in the red at last count—and her haul through the end of September has already exceeded the $13.44 million she raised during the 2010 cycle.
Gillibrand employed the same strategy then, spending the bulk of her campaign money on positive spots intended to introduce herself to New Yorkers.
She has also been busy raising money for other candidates, leading to a host of speculation about her future national prospects.
Gillibrand is currently the subject of some ridiculously if-you-must 2016 speculation which, in her defense, she hasn't had to do much to encourage. Re-election by a massive margin won't do anything to slow it down, presumably.