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Indiana Gubernatorial Candidates Pressing on With Strong Bank Accounts

By: Michael C. Fehn
Updated: July 16, 2012
INDIANAPOLIS (AP) -- Republican Mike Pence and Democrat John Gregg are heading into the key stretch of the Indiana governor's race with strong bankrolls.

Pence had $5.5 million in the bank as of July 1 and Gregg had $3 million. The campaigns released their fundraising tallies for the three-month stretch from April through June on Monday.

Gregg began closing a massive fundraising gap by raising $1.8 million in the last quarter. Indiana Democrats say his choice of state Senate Minority Leader Vi Simpson as a running mate has helped with fundraising.

Pence reported raising $3 million in the same time span. One-third of that came in a single donation from the Republican Governor's Association.

Money will play a greater role in the months ahead as the campaigns begin spending more on campaign commercials.

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