Christie, maxing out on matching funds, has huge fundraising advantage

Republican Christopher Christie has now raised enough money to receive the maximum amount of matching funds under the state’s gubernatorial public financing program. As of last week, Christie needed to file an additional $124,425 to receive the maximum $3.1 million match; sources say he did that today.

Christie still needs to raise some additional funds, about $200,000, to reach the $5 million spending cap on primary campaigns.

His chief competitor, Steven Lonegan, needed to raise an additional $955,644 to max out.

The third candidate in the race, Assemblyman Rick Merkt (R-Mendham), did not raise the $340,000 needed to qualify for matching funds.

Christie, maxing out on matching funds, has huge fundraising advantage