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Tuesday, June 03, 2014

GOP’s Tom Foley Commits to Public Financing

By Mark Pazniokas

www.ctmirror.org

Tom Foley, the Republican businessman who largely self-funded his $12.8 million campaign for governor in 2010, will accept the public financing and spending limits of the voluntary Citizens’ Elections Program this year.

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Tom Foley accepts the GOP endorsement last month. His wife, Leslie, stands with one of their twins. (CLICK TO ENLARGE) Ctmirror.org photo

Chris Cooper, a spokesman for Foley, said today that the campaign’s application for the public grant was filed Monday. Foley had been coy about whether he would opt out of the program, which will limit his spending on the GOP primary to about $1.6 million, less than half the $3.76 million spent in 2010.

His key competitors for Republican nomination, Danbury Mayor Mark Boughton and Senate Minority Leader John P. McKinney, have committed to public financing, but neither has yet raised the qualifying contributions. Gov. Dannel P. Malloy, their Democratic opponent, also is running on public financing.

To obtain a grant under the voluntary program, a candidate for governor must raise $250,000 in contributions of no more than $100 each and qualify for a place on the ballot. A participating candidate must agree to spend no more than the qualifying funds and the public grants.

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