Social Networks We Use

Categories

CT Tech Junkie Feed

NASA’s Orion Spacecraft Completes Successful Unmanned First Mission
Dec 5, 2014 11:30 am
An unmanned test flight of NASA’s new Orion spacecraft was successful this morning, flying higher than any human-rated...more »
2014 Connecticut International Auto Show to Feature Electric Vehicles And More
Nov 20, 2014 9:00 am
State automobile retailers are hoping to educate consumers about the benefits of electric vehicles at the Connecticut...more »

Our Partners

˜

Foley Goes With Public Financing

by Christine Stuart | Jun 3, 2014 8:42am
(2) Comments | Commenting has expired
Posted to: Election 2014

Hugh McQuaid File Photo

Tom Foley

Tom Foley, the 2010 Republican gubernatorial nominee, who spent more than $10 million of his own money on his last campaign, will participate in the public financing system this year, according to his spokesman Chris Cooper.

Foley claims to have already raised the $250,000 in donations of under $100 to qualify for the $1.35 million primary grant. The funds will still need to be audited and approved by the state Elections Enforcement Commission. A candidate participating in the public financing system who wins the primary will receive a $6.5 million grant for the general election.

Foley had until July 18 to make a decision about whether he would participate.

In 2010, Democratic Gov. Dannel P. Malloy became the first gubernatorial candidate to qualify for public financing. He beat Foley by 6,404 votes.

At the moment, Foley will face Sen. John McKinney and Danbury Mayor Mark Boughton in August Republican primary. Both McKinney and Boughton are seeking public financing.

Tags: , , ,

Share this story with others.

Share | |

(2) Comments

posted by: shinningstars122 | June 4, 2014  5:17am

shinningstars122

Foley clearly recognizes the fact that running for Governor should not be a huge personal business risk…or he honestly believes the CCDL & NRA will be his knights in shining armor?

posted by: LongJohn47 | June 4, 2014  9:51am

This is good news for the Citizens Election Program.  Last time all the state-wide Rs refused to join, even though the vast majority of legislative candidates participate. 

In fact, it was Foley’s refusal in 2010 to accept the program’s limits and a federal court ruling that invalidated a significant feature of the 2005 law that prompted the General Assembly to double the amount that Malloy had available. 

Foley eventually spent $10 million to Maloy’s $6 million, losing by only 6,400 votes out of 1.15 million cast.  This year there will be an even playing field, at least at the candidate committee level.

This does not, however, preclude a ton of outside money flowing into the state from either side, nor does it prevent the state parties from raising and spending lots of cash in addition to the candidates themselves. 

Prediction:  your mailbox, email, and voicemail will not be lonely this fall.