This post was originally published on Politico.
Former Rep. Mary Peltola’s (D-Alaska) staggering first-quarter haul comes with a caveat: She spent a lot to raise a lot.
Peltola hauled in nearly $8.7 million directly to her campaign account over the first quarter of the year in her quest to unseat Alaska GOP Sen. Dan Sullivan. She raised four times as much cash as the incumbent, according to filings from the Federal Election Commission. But she spent nearly $3 million, leaving her with $5.7 million in cash on hand.
Sullivan, meanwhile, raised $1.7 million directly to his campaign account and kicked off April with more than $7 million

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