After checking out the FEC reports on U.S. House candidates available on the Web, it’s fair to say that losing an election doesn’t just put you down in the dumps emotionally. It also puts you in the poor house. Unfortunately, it’s a bipartisan problem. With that said, the worst offenders are Republicans.
Check out some of these losing candidates who broke the bank (as of Dec. 31, 2006):
1st District
- Richard Dickinson (D)– Cash-on-Hand: $2,300; Debt: $45,909
William Dix (R)– CoH: $10,658; Debt: $125,000
Bill Gluba (D)– CoH: $348; Debt: $50,073
Brian Kennedy (R)– CoH: $1,729; Debt: $126,000
Mike Whalen (R)– CoH: $4,963; Debt: $448,950
3rd District
- Jeff Lamberti (R)– CoH: $8,476; Debt: $150,000
4th District
- Selden Spencer (D)– CoH: $2,248; Debt: $35,000
5th District
- Jeffrey Ballenger (R)– CoH: $33; Debt: $350,000
Robert Chambers (D)– CoH: $25; Debt: $19,400
Roy Neilsen (I)– CoH: $1,036; Debt: $48,500
Joyce Schulte (D) – CoH: $137; Debt: $48,500
Of course, winning doesn’t necessarily mean you’re in the black:
- Steve King (R)– CoH: $29,332; Debt: $57,233
If you’re friends with any of these folks, expect to get a mailing or seven asking for a bailout.
2 Comments
Ouch!
I am not sure all of these people can afford the losses. Joyce’s debt is probably a good part of her yearly salary.
King’s poor fundraising would be beautiful to see in a Senate race.
tom Wed 7 Feb 10:32 PM
Two questions
Good call on Joyce. I have two questions.
1) How many extra Machine Shed Restaurant franchises will it take for Mike Whalen to pay off a half a million dollar debt?
2) Who the heck is Jeff Ballenger and why does he have $350,000 in debt?
snipehunter Thu 8 Feb 12:29 AM