Law spawns PAC to aid McCrory
Thursday, July 24th, 2008
By Staff
Hastily formed Republican group raises nearly $390,000 at $25,000 or more a pop; biggest donors are outside the state
A Republican group has moved quickly to exploit a change in election laws to raise money from contributors across the country to help elect Charlotte Mayor Pat McCrory as North Carolina's governor.
The Republican Governors Association has established a North Carolina political action committee that will not, as a result of the change, be subject to most fundraising limits. The PAC has raised nearly $390,000 in less than three months, most of it in contributions of $25,000 or more.
Most of the money has come from a handful of contributors who have shown little or no interest in North Carolina politics in the past. Contributors include top executives of Coors Brewing Co. in Colorado and the Curves fitness center chain, based in Waco, Texas.
The PAC's biggest contributor is James L. Barksdale of Ridgeland, Miss., the former chief executive officer of Netscape. He gave $100,000.
McCrory is running on the issue of changing the culture of state government, which he says is controlled by big-money special interests. But his campaign is welcoming the association's help.
The latest campaign filings show McCrory's campaign has raised $2.2 million for his gubernatorial campaign. Perdue's campaign has raised $9.9 million. (more…)
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