U.S. Rep. Gresham Barrett has $330,000 just waiting to be thrown into his 2010 gubernatorial bid – assuming he can convince donors who have supported him financially for his various U.S. Congressional campaigns to get behind his bid for the Governor’s Mansion.
In most cases, that’s not a huge problem, but in a GOP primary race that features two other establishment candidates – the process seems to be tripping up Barrett’s fundraising team.
During the most recent fundraising quarter, for example, Barrett was able to transfer $140,000 from his Congressional account to his gubernatorial campaign, but sources tell FITS that he’s now running into considerable resistance in his effort to transfer funds.
Why? Well, it doesn’t take a rocket scientist to figure that out.
Barrett undoubtedly has several Congressional donors who are financially supporting the gubernatorial aspirations of S.C. Attorney General Henry McMaster, Lt. Gov. Andre Bauer, S.C. Rep. Nikki Haley or State Senator Larry Grooms. Those donors aren’t likely to consent to Barrett’s transfer requests – and he can’t move the money without their expressed, written permission.
“Look at the fundraising leaders for the other two candidates,” a consultant on a rival campaign told FITS. “A lot of them are Barrett Congressional donors.”
Nonetheless, Barrett currently leads the Republican money race with $1.3 million on hand. McMaster has $1 million on hand, while Bauer has $825,000.