Bishop Holds Cash Lead in Congressional Race

Republican challenger Randy Altschuler had outraised Democrat incumbent Tim Bishop in the previous three campaign finance filing periods, though the scales tipped to Bishop in the most recent filing.

As campaign season continues in a closely-watched rematch, incumbent Rep. Tim Bishop outraised Randy Altschuler, a businessman from St. James, for the first time in the past four campaign finance filing periods, according to election reports submitted Sunday.

Squared up again after  at the polls, Bishop, D-Southampton, raised about $65,000 more than Altschuler from June 7 to June 30.

Bishop — who raised about $192,000 compared to Altschuler's $127,000 — has about $1.5 million cash on hand, and Altschuler about $800,000.

Diana Weir, a spokeswoman for Altschuler, pointed to the previous three filing periods as wins.

"This one, we didn't. It averages out," she said. "I think Randy has done a tremendous job raising funds and most of his funds are coming from individuals, which shows tremendous support for his agenda, which is getting the economy fixed."

Weir added that a large portion of Bishop's funds so far — roughly 40 percent —have come from political action committees. Over 80 percent of Altschuler's donors have been individuals, though Bishop's camp took a shot at where the money was coming from in a release on Monday, saying that "a mere 16 percent of Randy’s contributions come from within the congressional district."

Lisa Santeramo, a spokeswoman for Bishop, said she believes the filings reflect a tide change in the fundraising race.

“I think it’s pretty clear who really has the momentum in New York’s First Congressional District,” Santeramo said.

While the Republican faces a deficit now, Altschuler was able to rely on one person whose support he knows he has again — himself. Altschuler spent close to $2 million out of his own pocket in the 2010 race.

Details about the campaigns' finance records can be found on the Federal Election Commission's website.

North Fork Bob August 09, 2012 at 08:22 PM
Number of Banking crimes prosecuted by President. Bush 1,200,Clinton 1000,Obama 0.That's right ZERO!!! Not even Corzine strolling around in the Hamptons.Visit Nick and Tonis tonight and you might find him drinking some very expensive wine.This is disgusting and we're being played like fools
JH August 17, 2012 at 12:50 PM
What a pity Hazel that you really believe ANYONE should be a 'shoe in'! Based on the situation we are currently in, I would welcome anyone with a fresh look! We are in a terrible mess and it's about time we CLEAN HOUSE! Time for a new outlook and CHANGE.... Not WORDS.... ACTIONS!!!
JH August 17, 2012 at 12:51 PM
Time for CHANGE... not empty words and promises... ACTION!!! we need to all vote to CLEAN house and sweep it clean with a whole new group
Preliator August 17, 2012 at 01:09 PM
How many people did Tim Bishop and his daughter Molly extort money from to get this cash lead? Apparently the crook gene got passed on to at least one child.
John Gruber August 17, 2012 at 02:30 PM
its a fact that the majority of businesses are SMALL businesses so supporting these small businesses is just as if not even more important than supporting the big ones some of which that pay no taxes. So trickle-up is more effective than trickle down. You don't need a bette example than our country, but you must be an expert economist


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