Spin Cycle

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1st C.D.: Bishop outspends Altschuler in latest reporting period

Congressman Tim Bishop shakes hands with opponent, congressional

Congressman Tim Bishop shakes hands with opponent, congressional candidate Randy Altschuler at the close of thier debate at the Riverhead Baptist Church. (Sept. 23, 2012) (Credit: Newsday/ Thomas A. Ferrara)

Rep. Tim Bishop (D-Southampton) outspent his Republican rival, Randy Altschuler, by a 3-1 margin in the latest campaign finance reporting period.

Each candidate on Friday released campaign finance reports covering the first 17 days of October. Altschuler out-raised Bishop, $113,033 to $91,851, but was outspent by the incumbent, $468,298 to $138,234.

Over the entire election cycle, the two candidates are still extremely close in money that their committees have directly spent and raised. Both Bishop and Altschuler have received $2.4 million in contributions, while Bishop has outspent Altschuler by less than $400,000: $2.2 million to $1.8 million.

As of Oct. 17, Bishop had $544,356 on hand, compared to Altschuler’s $204,137.

Meanwhile, spending by independent organizations, including Super PACs, has reached $3.5 million, with about three-quarters of that money benefiting Altschuler.

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