In the race for U.S. Senator Bob Casey’s seat, Republican rival Tom Smith has outspent and out-fundraised key opponent, Steve Welch. According to the Associated Press, Smith reported $2 million in his campaign account after spending almost $3 million in January, February, and March of 2012.
Although Smith was the sole funder of his own campaign during that period, the AP reports that he was able to out-fundraise Welch 2-to-1 in outside contributions, about $300K to $150K.
Welch reportedly had about $390,000 in his campaign account after spending nearly $770,000 during the period. Welch has invested $1 million into his own campaign.
Senator Casey outraised both Smith and Welch however, raising $1.46 in the first quarter and boasting $5.2 million on hand.
It marks the largest fundraising quarter of the election cycle for Casey so far. The AP reports that compared to 2006, when Casey was very financially successful during his campaign against Rick Santorum, he holds even more money in his campaign account this year.
In addition to Smith and Welch, David Christian, Sam Rohrer, and Marc Scaringi are the other three GOP hopefuls who aspire to challenge Casey this fall. Their reports were not available as of Sunday.