The first round of fundraising figures are out for the 2008 Senate Race are out and things don’t look good for Jim Gilmore.
First, Mark Warner’s campaign reported yesterday that they raised $ 2.7 million in the last quarter of 2007:
Former governor Mark R. Warner (D), a candidate for U.S. Senate this year, will report today that he raised $2.7 million in the last quarter, on top of the $1.1 million he had already raised.
Then, Jim Gilmore’s camp reported that they raised less than $ 400,00 over the same period:
Former governor James S. Gilmore’s end-of-the-year campaign finance reports will show he has raised $348,000 for his bid for the GOP nomination for the U.S. Senate, according to his advisers.
Gilmore has raised far less money than the likely Democratic nominee, former governor Mark R. Warner, but Gilmore advisers say they are pleased with their effort. They note Gilmore didn’t enter the race until late November and had to suspend his fundraising efforts over the holidays.
(…)
Warner now has $2.8 million in the bank. Gilmore has $165,000 in the bank.
That’s quite a whole that Gilmore will have dig himself out of.

