Silicon Valley, CA – The Mike Honda for Congress Campaign announced today that it raised over $500,000 in the second quarter, between April 1st and June 30th, of 2014. The campaign also reported more than $1,000,000 cash-on-hand, and less than $10,000 in debt. The Mike Honda for Congress Campaign continues its momentum, increasing the amount of total donors from 1,750 in the first quarter to more than 3,600 total contributors for the second quarter.
“Following the decisive 20 point win in the primary last month, the Honda campaign continues its strong fundraising leading up to the November election. Mike Honda’s network of grassroots supporters – more than 7,000 of whom have given to the campaign so far – continues to grow. The campaign has already raised more than $1.1 million this year alone and now has over $1M cash-on-hand. The last report showed our opponent with less cash on hand, despite being $185,000 in debt. We are going to keep this fundraising pace going and will have the resources to win in November while our debt-ridden challenger has some serious catching up to do,” said Honda campaign manager Doug Greven.
This latest fundraising report follows two consecutive reports where Congressman Honda has out-raised his challenger, showing growing momentum and support for the re-election of Rep. Mike Honda. Khanna once enjoyed a cash on hand advantage of $1.5M, and despite outspending Congressman Honda by more than 2:1 in the primary, lost by 20 points. This also follows the latest public polling commissioned by CBS, which is cited in Khanna campaign memos and shows Congressman Honda with a lead among registered Republican voters (19% to 18%) and an overwhelming lead in key demographic groups for the district, such as Moderates (44% to 26%) and Democrats (57% to 21%).