| Alexander "Sandy" Treadwell, the self financing challenger to Kirsten Gillibrand for New York's 20th CD, has apparently already spent in excess of $350,000 of his own money on the race, triggering the so called "Millionaire's Amendment." The amendment in FEC regs raises the contribution limits to the opponent of candidates that contribute large amounts of cash to their own campaigns, though, given Gillibrand's own prodigious fundraising, it's not clear to me that contribution limits to her campaign would actually be raised. If they were, she would be able to accept contributions up to $6,900, up from $2,300. (Any help from election law types who can make sense of this would be greatly appreciated.)
The fact that Treadwell has tripped this particular wire so early in the cycle essentially reinforces the already solidifying perception that he is trying to buy this race and has little to no grassroots support in the district. |
