Bullock Campaign Says It Raised $1 Million On Day 1
Gov. Steve Bullock’s presidential campaign says it’s raised $1 million in its first day. However details on where that money is coming from are not yet publicly available.
The million dollars cash-on-hand would rank Gov. Bullock 16th among Democratic presidential candidates, according to the most recent federal campaign filings.
However much of that data is a month and a half old and does not include money from recent contenders entering the race like former Vice President Joe Biden.
In mid-2017, before Bullock created his new presidential campaign committee, he used a separate “Big Sky Values PAC” to fund his efforts before officially announcing. That funded several trips to Iowa, hiring early staff, and travel to events around the country.
Bullock’s pre-campaign announcement spending amounted to around $1.5 million since the PAC was created. The PAC still had over $200,000 in the bank at the end of March.
Bullock’s campaign says the million dollars it raised over its first 24 hours came from contributions coming from all 50 states. That isn’t publicly verifiable yet because presidential committees report their donations monthly or quarterly.
When the Bullock For President committee does file its first report it must include all receipts and spending from before the official campaign started. The Federal Election Commission website says this includes money spent in a, “testing the water” phase of a candidacy.