March 15, 2025
Loans

Casey, McCormick have about $8M in cash; McCormick loans campaign another $2M


Heading into the dog days of summer, both U.S. Sen. Bob Casey and Republican challenger Dave McCormick have about $8 million in available cash, according to the latest campaign finance filings.

Casey, who is seeking a fourth six-year term, finished the second quarter of the year with $8.4 million in cash after beginning the period with $11.88 million, raising $8 million and spending $11.5 million.

McCormick ended the second quarter with $8 million in cash after raising nearly $6.7 million, which included a $2 million loan to his own campaign. So far, McCormick, a former hedge fund CEO, has loaned $4 million to his campaign to try and unseat Casey.

Federal Election Commission campaign finance records show that McCormick started the quarter with $6.2 million, nearly half of what Casey started with, and spent $4.9 million, less than half of what Casey did.

Filings show that Casey has raised $32 million for this election cycle and spent $24.3 million, while McCormick has raised $17.5 million and spent $9.5 million.

Campaign finance filings, however, do not reflect spending by outside groups supporting or opposing the candidates.

According to OpenSecrets.org, groups have spent $13.68 million supporting McCormick and opposition groups have spent $1.7 million. Conversely, groups have spent just $158,600 supporting Casey and opposition groups have spent nearly $4.5 million.

The biggest spending group is the conservative Keystone Renewal PAC, described as a single-candidate Super PAC, which has shelled out $11.3 million to back McCormick and $3.4 million against Casey, reported OpenSecrets.

In a New York Times/Siena College poll released Monday, Casey led McCormick 50% to 42%.

In 2022, McCormick narrowly lost the GOP Senate primary to TV personality Dr. Mehmet Oz, who went on to lose the general election to then-Lt. Gov. John Fetterman.



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