A news release yesterday from Senate Republicans also pointed to the alleged use of «straw donors» to beef up
public matching cash in New York City Comptroller John Liu's campaign.
Not exact matches
She now has more than $ 5 million
cash in her campaign war chest — which, when combined with
public matching funds, is more than the $ 6.4 million candidates are allowed to spend during the primary — leaving her with $ 2.4 million for the general election or a potential run - off with a fellow Democrat.
But the
matching funds never came and Albanese struggled to raise
cash and qualify for
public funding, he says in Manhattan Supreme Court papers.
The Democratic - led Assembly has approved
public financing measures in the past, including bills originating in that chamber creating a small - donor
matching system similar to New York City (the bills have not included a ban on housekeeping accounts, a back - door way of raising unlimited
cash).
But there is one advantage to raising
cash at home: The city has one of the most generous
public matching programs in the country, with $ 6 of free
public money granted for every $ 1 a candidate raises from New York City residents, up to maximum of $ 1,050 in
matching grants per donor.
Massey is among the best - funded of de Blasio's potential challengers, many of whose fundraising pales in comparison to his haul, and to the mayor's own impressive fundraising — $ 1.06 million in donations over the past six months, $ 2.2 million in
cash - on - hand and what de Blasio's campaign estimates will be more than $ 5 million when
public matching funds are added in.
Without a
public campaign finance system that
matches private donations and encourages small - dollar contributions, outsider legislative candidates have little to no chance of raising enough
cash to stage a significant challenge without strong name recognition or support of established organizations, unions, and local political figures.