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Giannoulias posts strong fundraising quarter in secretary of state's race
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Giannoulias posts strong fundraising quarter in secretary of state's race

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Alexi Giannoulias campaigns for U.S. Senate in Normal on Sept. 8, 2010. The former state treasurer is a contender to for Illinois secretary of state. 

SPRINGFIELD — The primary election is still more than 11 months away, but the open race for Illinois secretary of state is increasing looking like a runaway on the Democratic side — at least if fundraising counts for anything. 

Former State Treasurer Alexi Giannoulias reported raising $859,312 in the second quarter of 2021, more than all his opponents combined. His total war chest to more than $3 million. 

Chicago City Clerk Anna Valencia pulled in $226,273, bringing per cash on hand to $593,981.

Chicago Ald. Pat Dowell raised $398,576 and now has $416,381. Chicago Ald. David Moore raised just $16,207, bringing his total to $64,219.

It's early, but it's another strong showing for Giannoulias' campaign, which has locked down key endorsements from elected officials like Rep. Chuy Garcia, D-Chicago, and powerful labor unions. Just last week, he secured the backing of Our Illinois Revolution, the grassroots group that sprung out of Sen. Bernie Sanders' two presidential campaigns. 

"Obviously, he's been elected to statewide office, he's run for the Senate, so he has name recognition, he's a known quantity in terms of that," said Kent Redfield, a retired professor of political science at the University of Illinois Springfield. "He's aggressively gone out to labor and tapped the key sources of Democratic money."

The Secretary of State's office is state's second-largest constitutional office after the governor’s office, employing more than 4,000 people, with responsibilities that exceed most of its counterpart offices in other states.

Why do people give their hard-earned money to political campaigns? Why do major corporations donate to both sides of the aisle? A look at how money works in politics and what it means for donors later down the line.

Most prominently, it is the unit of government that issues driver’s licenses and registers motor vehicles. 

It is also one of the most politically-lucrative offices in state government. Before incumbent Jesse White's long tenure, it was often used as a stepping stone to run for governor or U.S. Senate. 

With better name ID, labor support and resources, Giannoulias is the clear frontrunner. Valencia, who secured the endorsement of Sen. Tammy Duckworth last month and also has some prominent labor backing, is also viewed as a viable contender. 

No GOP candidates have declared, but state Rep. Dan Brady, R-Bloomington, is actively exploring a bid

Kent Redfield

Redfield

Meanwhile, in the GOP race for governor, Gary Rabine led the way last quarter, raising $344,921 to state Sen. Darren Bailey's $165,455, though Bailey still has more cash on hand, $490,700 to Rabine's $287,325. 

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Former state Sen. Paul Schimpf was a distant third, raising just $83,235. He has $116,280 on hand. 

All of that dwarfs Democratic Gov. J.B. Pritzker's war chest, which is flush with more than $35 million. 

Among the state legislative fundraising, committees controlled by Senate President Don Harmon, D-Oak Park, and House Speaker Chris Welch, D-Hillside, far exceeded the funds available to Senate Minority Leader Dan McConchie, R-Hawthorn Woods, and House Minority Leader Jim Durkin, R-Western Springs.

And the situation isn't much better for the Illinois Republican Party. New chairman Don Tracy acknowledged to me in March that they were "poor as a church mouse by comparison" to the Democrats.

It largely stayed that way after his first full quarter as chairman, with the party raising just $131,000 for state races. The party has just over $200,000 parked in its account for state races compared to more than $2 million for the Democratic Party of Illinois. 

Gov. J.B. Pritzker announced Monday that he will seek a second term in office. This video was posted on Pritzker's social media accounts.

For the governor's race and state legislative races, Redfield said Republicans have a massive structural disadvantage as Democrats can rely on labor unions, trial lawyers and other friendly groups to keep the money spigot flowing. And then there's Pritzker's nearly unlimited resources.

Whereas Illinois Republicans in recent years have become pretty much totally reliant on a handful of wealthy donors to bankroll the party, whether it be former Gov. Bruce Rauner or billionaire hedge fund manager Ken Griffin.

"The wild card then becomes Griffin in terms of whether you're going to have a big money man to provide some kind of balance or parity in relation to what the governor is able to do," Redfield said. 

Pritzker smiling mug

Pritzker 

Griffin has gotten involved in the past, donating more than $35 million to Rauner's campaigns, sinking $50 million into the effort to defeat Pritzker's fair tax proposal and putting several million behind the effort to defeat Illinois Supreme Court Justice Thomas Kilbride's retention campaign. 

What he does this year is an open question. And until he makes a move, it appears the main race to watch in the state is the secretary of state's.  

Whatever the case, these dynamics should make for some interesting rallies on the designated political days at the Illinois State Fair in August. 


Contact Brenden Moore at 217-421-7984. Follow him on Twitter: @brendenmoore13.

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