INDIANAPOLIS, Ind. - Cash is key when it comes to campaigning for public office. John Gregg has been running for Governor for more than four years and as you’d expect, he’s raised millions of dollars.
His new opponent though, just entered the ring Tuesday and his bank account is empty compared to Gregg’s.
“We’ll raise the millions it’ll take to get the message out over the next 100 days,” said Lieutenant Governor Eric Holcomb, the new Republican nominee for governor.
Last check, according to state financial records, Holcomb had just $20,000 in his campaign coffers.
Holcomb was officially chosen Tuesday by his party to fill Mike Pence’s shoes in the race for Governor. Holcomb may not have access though to Pence’s huge campaign account, which according to state financial records is sitting at $7.4 million.
Federal law limits how a federal candidate can use their cash.
Holcomb was asked how, with time ticking, he’d raise enough money to win in November, “I am concerned about raising the money I need to execute the campaign plan that I have before me and I am confident that I’ll be able to do that,” he said.
“I don’t pay a lot of attention to polls and name ID, but I do listen to Hoosiers and they’re concerned about our state’s economy,” said Democratic gubernatorial candidate, John Gregg.
Gregg on the other hand has more than $5.8 million in his bank account. That number is growing steadily too. Just last week, Gregg received a $500,000 donation from the Washington based, Democratic Governors Association.
“I think that’s just a sign that they realize that this race is competitive and that we’re talking about the issues that are important,” said Gregg.
Holcomb claims he’ll have enough money to win, he says the key is to campaign hard across the state. He has a little more than 100 days to do so.