The two Democratic candidates for the U.S. Senate, former comptroller John Sharp and Houston Mayor Bill White, hold significant advantages in cash on hand over their Republican opponents after the first fundraising quarter.
As we previously reported, Bill White raised $1,876,163 this quarter and began April with
John Sharp reported receiving $2,516,833 in loans and contributions this quarter to finish with $2,432,675 on hand. The number, in itself, is impressive but as Gardner Selby points out, we should reserve judgement until we learn how much of that money was from personal loans. Today, when asked, the Sharp campaign declined to disclose that information.
Both Democrats hold big advantages over the Republican candidates.
Former Texas Secretary of State Roger Williams leads the Republican contenders with $388,628 on hand, but that number is less impressive when the $200,000 in personal loans are taken into account. State Sen. Florence Shapiro had just over $310,000 on hand, while Railroad Commissioners Elizabeth Ames Jones and Michael Williams have $164,663 and $113,957 on hand, respectively.
The Democratic money advantage, however, may not last. Well financed candidates such as Lt. Gov. David Dewhurst, who would pour his personal wealth into a campaign, and Attorney General Greg Abbott are also said to be considering the race.
When the amount of Sharp's personal loans are known, we will have a better idea of how the money race is shaping up on the Democratic side.