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Jun 21, 2016 4:48 PMPublication: The Southampton Press

Throne-Holst, Calone Both Top $1 Million In Primary Campaign Spending

Jun 21, 2016 6:09 PM

Both candidates for the Democratic nomination for the 1st Congressional District election this year crossed the $1 million campaign spending threshold, according to disclosures filed with the Federal Elections Commission earlier this month.

The fundraising accounting submitted by the two campaigns showed that Anna Throne-Holst, the former Southampton Town supervisor, continued to outpace her opponent, Brookhaven businessman David Calone, in both fundraising and spending ahead of the June 28 primary.

As of June 8, Ms. Throne-Holst had raised a total of $1.74 million, to Mr. Calone’s $1.3 million. Mr. Calone also has personally loaned his campaign $250,000.

With nearly three full weeks of the campaign remaining, the two sides had both reported more than $1 million in spending. Ms. Throne-Holst’s disclosures show $1,083,847 in disbursements, with Mr. Calone close behind at $1,067,818.

Ms. Throne-Holst’s campaign reported still having about $660,000 on hand for the three-week home stretch of the campaign, while Mr. Calone had a little more than $500,000.

Ms. Throne-Holst maintained her fundraising advantage in the late spring, raising about $274,000 between April 1 and June 8, to Mr. Calone’s $170,000.

According to the political watchdog site OpenSecrets.org, Ms. Throne-Holst’s biggest contributor thus far has been Emily’s List, a political action committee that supports female Democratic candidates, which had given her just over $33,000 as of May. Members of former New York Mayor Michael Bloomberg’s family and company Bloomberg LP have been big donors as well, with more than $32,400 in contributions.

Mr. Calone’s biggest single contributor thus far has been Renaissance Technologies, a hedge fund connected to a venture capital fund that Mr. Calone founded and based in Mr. Calone’s hometown of Setauket, which has given $45,200 to Mr. Calone—and $7,000 to Ms. Throne-Holst—according to OpenSecrets.org. Principals from several other business interests—Tenth Avenue Holdings, Riverside Partners, Tiger Global Management and law firm Wachtell, Lipton Rosen & Katz—were Mr. Calone’s other biggest donors, with between $12,000 and $16,000 in donations each.

Ms. Throne-Holst also spent more aggressively in the same period, pouring $728,859 into the campaign in April and May, to Mr. Calone’s $575,895. That gap owed much to the fact that Ms. Throne-Holst began television advertising about three weeks earlier than Mr. Calone did. But with Mr. Calone pushing nearly $100,000 into television ads in his first week of “TV buys,” the spending gap is expected to be narrowing.

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What a shame to spend all that money to win a campaign. There are so many other things and people that this money could be used for. Just saying.
By Resident tax (164), Hampton bays ny on Jun 21, 16 6:19 PM
1 member liked this comment
It will be a bigger shame if this extravagantly spending liberal gets elected. Just take a look at the non-stop way above inflation spending increases she foisted on residents of Southampton every year she was in office.
By SHPredatorDept (72), Southampton on Jun 23, 16 1:52 PM
lots of people with NO food on LI for shame
By xtiego (696), bridgehampton on Jun 21, 16 6:36 PM
Guess bloomberg is buying anna, good investment for him. He tried to buy his way in congress before...
By knitter (1717), Southampton on Jun 21, 16 10:26 PM
1 member liked this comment
We need public financing for campaigns. It would eliminate so much corruption. That's why I'm voting for Dave Calone, who did his law school thesis on campaign finance reform, and who would make it a priority in Congress.
By Earthgirl (52), Southampton on Jun 22, 16 2:10 AM
2 members liked this comment
Quid pro quo Clarice, quid pro quo
By bigfresh (4364), north sea on Jun 22, 16 6:32 AM
And this is just primary money...
By Draggerman (903), Southampton on Jun 22, 16 7:19 AM
What a waste of money that could be used for real community needs. Seriously.....
By Hillsnbells (42), Southampton on Jun 23, 16 9:50 AM
David Calone is the kind of person that we don't often get a chance to represent us in Congress.
Business smarts, family man, very bright, and HONEST.

How refreshing to have all of these qualities in our representatives.

Vote next Tuesday. Vote or don't complain.
By sag2harbor (117), sag harbor on Jun 23, 16 12:54 PM
1 member liked this comment