Blakeman’s War Chest Shrinks

blakeman 2 Blakemans War Chest ShrinksBruce Blakeman, the Republican designee to challenge Kirsten Gillibrand in the fall, didn’t gain any financial ground on the incumbent senator in the last three months, reporting more expenses than contributions in the second quarter.

Blakeman collected $151,145.96 in contributions, but spent $258,458.51.

At the end of March, he had about $343,500 on hand; he now has about $236,000. (That includes a $100,000 loan he made in a previous quarter.)

The drop comes in spite–or perhaps as a result–of Blakeman’s earning the Republican designation at the party’s convention in early June. Blakeman still must beat two rivals–economist David Malpass and former Congressman Joe DioGuardi–for the Republican nomination and the right to challenge Gillibrand, who raised $2 million dollars this quarter and is sitting on about $7.2 million.