Jared Polis, Walker Stapleton, and Colorado’s low campaign cash limits

Jared Polis, Walker Stapleton, and Colorado’s low campaign cash limits

Corey Hutchins (Colorado Independent) – Two recent events that shifted the ground under Colorado’s sprawling candidate field for governor have lent scrutiny to the rules governing how money is raised and spent in Colorado’s gubernatorial elections.
First was the recent unexpected mic-drop exit of Democratic Congressman Ed Perlmutter— a move that stunned political observers. The formidable campaigner, and a perhaps a front-runner in the race at the time, abandoned his bid in part because of Colorado’s low campaign contribution limits that make it hard to battle against a self-funding candidate.
Perlmutter just didn’t have the “fire in the belly” to run for governor while serving as a congressman, he said, and noted his decision “accelerated” after his colleague, the multi-millionaire tech-entrepreneur Jared Polis of Boulder, got in the race. Polis, who is one of the richest members of Congress, will use his vast personal wealth to bankroll his campaign instead of having to spend time raising money in a state with low campaign contribution limits.
Now, this week on the Republican side, State Treasurer Walker Stapleton revealed a strategy that cribs from the playbook of his second cousin Jeb Bush’s presidential campaign and highlights an increasing nationalization of state politics. Stapleton, who has not filed paperwork to run for governor, might be holding off doing so in order to raise money outside of the state’s low limits, according to a story in The Denver Post.

Click here to read the rest of the story in the Colorado Independent.

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