Rep. Andy Barr (R-KY) has raised approximately $12.1 million in his campaign for Kentucky's open U.S. Senate seat, compared with $1.7 million raised by Democratic nominee Charles Booker. Barr's fundraising advantage is approximately 7-to-1 in a race rated Solid Republican.
Barr also holds a substantial cash advantage entering the final weeks before the Nov. 3 election. As of Sept. 30, his campaign reported $2.73 million on hand with no outstanding debt, compared with Booker's $343,925 in cash and $140,080 in debt. Booker has approximately 13% as much cash available as Barr.
Both candidates secured their nominations in Kentucky's May 19 primaries. Barr defeated former state Attorney General Daniel Cameron by approximately 33 percentage points, while Booker finished about 11 percentage points ahead of Amy McGrath in a multicandidate Democratic primary.
The candidates' reported donor occupations reflect different fundraising patterns. CEOs contributed approximately $230,000 to Barr, followed by lawyers at $223,000, business owners at $180,000, and company presidents at $134,000. Booker's largest reported occupational group was lawyers at $27,000, followed by business owners at $12,000, investors at $11,000 and marketers at $8,000.
Retired and not-employed contributors accounted for approximately $1.1 million, or 22%, of Barr's reported itemized individual contributions. The same categories accounted for approximately $151,000, or 36%, of Booker's. Barr also draws a greater share of his receipts from political committees and transfers. According to the supplied figures, those sources accounted for approximately 34% of Barr's receipts, compared with roughly 1% of Booker's.
Outside organizations have reported approximately $39.1 million in independent expenditures in Kentucky's Senate race through Oct. 16, but nearly $38.9 million was attributed to the primaries. Only about $229,000 was classified as general-election spending at that point.
The financial disparity leaves Barr with substantially more campaign resources than Booker entering the general election. However, the large primary spending totals should not be treated as evidence that either nominee has received comparable outside support in the general election.
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