Watts loans $3.7 million more to campaign
Associated Press - September 13, 2007 4:25 PM ET
WASHINGTON (AP) - Attorney Mikal Watts loaned his Democratic primary campaign $3.7 million in his bid to ultimately unseat Republican Senator John Cornyn in 2008.
The latest loan, announced today, raises to $7.5 million the total personal money Watts has put toward his campaign for the Democratic nomination. He raised an additional $1.1 million in June, bringing his total for his campaign to $8.6 million.
Watts reported substantial personal wealth earlier this month, including $40 million in earnings over about 18 months. He has said he would spend $10 million of his own money on the campaign.
Cornyn is seeking his second 6-year term and is expected to be unopposed in the Republican primary. Democrats nationally have said they consider him vulnerable, although all Texas' statewide elected offices are held by Republicans.