Sunday, July 25, 2010

Candidate Loans Fuel Some Campaigns

With campaign donations flowing this election year, some candidates nonetheless have loaned substantial sums to their campaigns to keep pace.

The largest sum, $675,000, has been kicked in by Lt. Governor Jari Askins in her bid for the Democratic nomination for governor against Attorney General Drew Edmondson, who leads all candidates thus far in the sum raised.

But it's not just the major candidates who have ponied up to propel their campaigns.

An example is in Norman, where House District 45 candidate Aaron Stiles, Republican, loaned his campaign $20,000 as he prepares to face incumbent Democrat Wallace Collins this fall.

Stiles shows a total raised of $26,110, meaning most of his campaign cash came out of his own pocket. He's spent only $2,300.

Collins, Stiles' opponent, raised about $12,500 in the quarter and $24,000 previously. He reports about $29,000 in cash on hand.

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