Beto O’Rourke catches Gov. Greg Abbott in cash on hand as race hits homestretch

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Beto O’Rourke catches Gov. Greg Abbott in cash on hand as race hits homestretch
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Democrat Beto O’Rourke officially caught up to Gov. Greg Abbott in fundraising for the Texas governor’s race late last month, erasing Abbott’s once-formidable cash-on-hand advantage.

Beto O’Rourke officially caught up to Gov.in fundraising for the governor’s race late last month, erasing Abbott’s once-formidable cash-on-hand advantage.

Still, the development shows how O’Rourke is by far the biggest financial threat Abbott has ever faced. O’Rourke outraised Abbott by a decisive margin during the prior reporting period and narrowly outraised him again during the latest period. Both men received six- and seven-figure checks, but Abbott had far more of them as he leaned heavily on high-dollar donors over the summer. His average contribution size increased to $289 from $221 in the previous period. O’Rourke’s average contribution size during the most recent period — $53 — was virtually unchanged.

O’Rourke continued to get more money from outside Texas. On the latest report, 41% of the money he raised was from out of state, as was 51.8% of the number of contributions. Those numbers were 19% and 50.7% for Abbott, respectively.

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