Wiens Raises $100k, Gives Self $100k

Republican Senate candidate Tom Wiens reported a weak Q1 fundraising number of $100,931, which doesn’t include a $98,000 contribution from his biggest donor, Tom Wiens.

But whether he raises it or gives it to himself, the money does all spend the same; Wiens has more than $540k cash on hand, which keeps him (barely) in the game with rivals Ken Buck and Jane Norton.

10 Community Comments, Facebook Comments

  1. redstateblues says:

    The question was always whether or not he was committed to fully self-funding his own campaign. I guess we now have our answer.

    • Colorado Pols says:

      Wiens’ cash on hand is still below the amount of money that he has “loaned” his campaign, so he could still pull out and get most of it back.

      • Colorado Pols says:

        Meant to say, that his COH is still ABOVE the amount he has “loaned” his campaign.

        • ScottLewis says:

          Well, if he loaned his campaign money. And the funds were raised by a loan on a house or business personally for him, then I wonder what campaign finance law says.

          What if he drops out or loses the primary? And the campaign has NOT spend all the funds? He could/would put himself first in line for repayment.

          So there he is… No longer a candidate, but with an outstanding mortgage/lien against some personal asset.

          I wonder…. Is he required to follow donation restrictions on the repayment of that personal loan?

          If not, then ANYONE or ANY COMPANY can pay off that debt, right?

      • redstateblues says:

        So the campaign could still be a wash for Wiens, but I was talking about whether or not he was willing to put in the amount necessary to be competitive.

        • Colorado Pols says:

          He’ll have spent a lot of his own money if he withdraws at any point, but he could still refund about $500k to himself. If $500k hadn’t been labeled a “loan,” then we’d be right there with you.  

    • Ralphie says:

      He’ll just declare bankruptcy and stiff his creditors like he’s done before.

  2. StrykerK2 says:

    seriously — if you’re going to loan yourself a huge amount, why not $750 more?  That would have put him over 200K and it would look better.

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