Money is a big issue in the 14th Congressional race - but too many people are confusing the issue. Let's get some basics out of the way:
I believe in public financing of elections - but I don't believe in unilateral disarmament.
Leading Republican Jim Oberweis has said he will spend as much as $2.5 million of his own money for the primary and another $2.5 million for the general election - and experience suggests he could do that or more.
Leading Republican Chris Lauzen has already loaned his campaign $325,000 - and had $525,000 cash on hand in his third quarter FEC report.
Now, let me tell you about a Democratic candidate who is running in the 14th congressional district.
He's a long-time resident of the district and a first-time candidate. He is working hard to raise campaign funds - making over 2,200 personal fundraising calls between August and October. Here is what he's doing fundraising-wise:
In the 3rd Quarter he had 680 donors - 80% of them were first-time political contributors and his average donation was just above $300.
He led every other candidate in the race (both parties) in total small dollar (under $200) donations 3rd quarter - and came close to equaling all other candidates in total small dollar donation amounts.
He raised the second-highest donor dollar amount in the race 3rd quarter (both parties) - only $1,000 less than the top fundraising candidate, and leads all other Democrats in donor contributions for the whole race - exceeding the total amount of all their donor dollars.
He is the only Democratic candidate to raise more than $100,000 in a quarter - he raised over $200,000 in the 3rd quarter.
Who is this candidate - the only Democratic candidate demonstrating any hope of the fundraising ability necessary to wage a competitive general election campaign in the 14th Congressional District? His name is Bill Foster. As I've said before, Bill Foster's money is a real issue in this campaign. He is the only grassroots fundraising candidate successfully reaching out to new and small donors. The others are not.
Oh, and there's one other thing you should know about Bill Foster. He's got the ability to go toe to toe financially with the Republican candidate in the general election. Bill helped found a successful lighting company when he was 19 - and he's pledged that he will spend up to $1 million of his own money for the primary and up to $1 million of his own money in the general election. No other Democrat is making similar promises.
Money is an issue in the 14th Congressional race. Bill Foster is the only Democrat showing a grasp of the issue - no matter how you look at it.