DES MOINES, Iowa (AP) — Republican Gov. Terry Branstad is holding a massive cash advantage over Democratic challenger Jack Hatch going into the final days of the race, campaign finance reports filed Monday show.
The reports show Branstad raised $1.3 million between July 15 and Oct. 14. He started the period with more than $4 million and concluded it with $1.3 million in cash. Hatch started the period with $183,000, raised nearly $880,000 and had about $280,000 left. He and his wife have loaned $140,000 to his campaign.
Hatch stopped airing television advertising in late September. Spokesman John Hedgecoth said the campaign would run ads again before Election Day, but did not offer details on when.
Branstad, 67, is running for his sixth non-consecutive term. He has held a sizable lead throughout the race, with far more money and support than the 64-year-old Hatch. The latest Iowa Poll from the Des Moines Register and Bloomberg Politics released last week shows Branstad with the support of 54 percent of likely voters and Hatch with 39 percent. That survey of 1,000 likely voters, conducted by Selzer & Co. of Des Moines, has a margin of error of 3.1 percentage points.
Branstad pulled in some sizable checks from individuals and political action committees. He received $25,000 from the Iowa Farm Bureau Federation PAC. He also got $20,000 in checks from political action committees associated with Iowa Realtors, Hy-Vee employees and long-term health care providers.
Hatch received hefty checks from labor unions, including $50,000 from the political committee for Iowa Council 61 of the American Federation of State, County and Municipal Employees. He also got a $25,000 check from the Ready for Hillary PAC.