A Republican candidate for Illinois governor has contributed another $500,000 to his campaign. Winnetka venture capitalist Bruce Rauner has now pumped $1.25 million of his own money into the four-way GOP primary for the right to take on Democratic Gov. Pat Quinn in 2014.
Rauner filed petition signatures for a ballot position yesterday and also released three years of tax returns. They show he reported more than $53 million in income last year. He also disclosed ownership stakes in three professional sports franchises, including the Chicago Bulls.
Republican candidate for governor Bruce Rauner continues to rake in major contributions since he lifted Illinois' new campaign finance cap last week. While Rauner's opponents are freed from caps as well, he's the been the only one to get such major, and immediate, benefit.
State filings from yesterday (11/21) afternoon show Illinois' richest man, Ken Griffin, pitching in $250,000 to Rauner's campaign.
It's the second time this week Rauner received a donation worth a quarter of a million dollars.
Though he was originally in Springfield to give the General Assembly's customary daily prayer, Rev. Jesse Jackson became part of an effort by African American legislators to denounce legislation that would require a mandatory minimum prison sentence for certain gun crimes.
The Rev. Jesse Jackson says he has not visited since his son reported to federal prison late last month.
Former Congressman Jesse Jackson Jr. is serving two-and-a-half years in a North Carolina penitentiary. He was convicted of corruption for spending $750,000 of his campaign fund on personal spoils.
"Well his health has been recovering and that has been, as father, the most important thing to me. He has been diligent in doing his work. And I have nothing further to say about that," Rev. Jackson said at the Capitol Thursday (11/7).
The scandal that brought down former Illinois Gov. Rod Blagojevich led to campaign-contribution caps in Illinois. Advocates of the limits are fearful a case set to be argued before the U.S. Supreme Court Tuesday could upend their efforts.
The campaign finance law Illinois politicians passed in 2009 restricts how much cash companies, unions and people can give to individual candidates. Theoretically, you can give that maximum contribution to every state candidate in Illinois.