Tuesday, October 16, 2007

Feder Outraises Wolf 3:1, Has more Cash on Hand

Building Momentum: Feder Out Raises Wolf 3-to-1 in Third Quarter
Has more Cash on Hand than Wolf at end of Quarter
Raises more In Virginia than Wolf

McLean, VA – Judy Feder’s campaign for Congress announced today that it raised almost 3 times more money in the 3rd Quarter than incumbent Congressman Frank Wolf. Feder raised more in Virginia than Wolf and ends the quarter with more cash on hand.

“We are building momentum,” said Feder. “Virginians want change in Washington. We started this in 2006, and we are gaining the strength we need to finish it in 2008.”

Feder raised more than $223,000 in the third quarter. More than twice the amount she raised in the last quarter. Over 96% of Feder’s third quarter contributions ($196,000) came from individual donors, with $141,000 raised online, demonstrating strong grassroots support for her campaign.

“Frank Wolf has failed to offer the leadership that Virginians want and deserve, especially on bringing our troops home from Iraq,” Feder said. “Wolf has been wedded to the Bush policy on Iraq, from the initial invasion, through the surge and at every major step in-between,” said Feder. "Instead of a representative who blindly follows the President and votes against every effort to change course in this disastrous war, we need someone in Congress who will stand up to the President and bring our troops home."

Feder is now one of the few challengers in the country to have more cash on hand than her opponent. Feder’s cash on hand is $294,000. Frank Wolf has only $230,000 in the bank. Despite her vigorous and record-setting fundraising in 2006 Feder has never led Wolf in Cash on Hand until now.

While significantly out raising her opponent, Feder has also campaigned for, contributed to, and raised thousands of dollars on behalf of Democratic candidates for Virginia's General Assembly. Following the November 6 elections, Feder plans to formally announce for Congress and shift her campaign into high gear.

Last year, Judy Feder mounted the strongest challenge to Frank Wolf in nearly a quarter century, waging a vigorous campaign and raising an unprecedented $1.6 million. Though Feder entered the 2006 race a mere 10 months before Election Day, she cut Wolf's margin of victory dramatically from 2004, revealing growing discontent with the longtime incumbent. As Feder begins her 2008 rematch against Wolf, she has the advantage of an existing organization and is more than seven months ahead of her own record fundraising pace of 2006.

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