Linda McMahon, the former chief executive of World Wrestling Entertainment who said that she’s willing to spend $50 million of her own money to win Connecticut’s U.S. Senate race, continues to vastly outspend investment advisor Peter Schiff, her libertarian-leaning challenger in the state’s August 10 primary.
According to her latest FEC filing, covering the period from April 1 through June 30, McMahon put another $5.5 million into her campaign, bringing her total personal investment to $21.5 million — or more than seven times the amount Schiff has raised during the entire campaign.
Schiff, who successfully petitioned his way onto the primary ballot, raised close to $450,000 during the same reporting period, bringing his overall total to nearly $2.9 million.
Hoping to pull off a major upset against the well-heeled ex-wrestling promoter, the financial guru and former economic advisor to Ron Paul’s 2008 presidential campaign ended June with approximately $483,000 cash on hand compared to more than $3.2 million for McMahon.
Former U.S. Rep. Rob Simmons, who suspended his campaign in late May after failing to win his party’s endorsement, raised more than $110,000 during the last three months.
A Quinnipiac Poll of likely Republican voters released on Friday showed McMahon with a commanding 39-point lead over Schiff with a quarter of those surveyed stating a preference for Simmons, whose name will remain on the primary ballot and has recently flirted with the idea of jumping back into the race.