Home>Campaigns>De Gregorio outraising, outspending sluggish Pallotta

U.S. Marine Corps veteran Nick DeGregorio announces his bid for the Republican nomination for Congress in New Jersey's 5th district on November 10, 2021. (Photo: Joey Fox for the New Jersey Globe).

De Gregorio outraising, outspending sluggish Pallotta

Super PAC boosting Pallotta, perhaps to help Gottheimer, has ties to national Democrats

By David Wildstein, May 26 2022 8:16 pm

Marine combat veteran Nick De Gregorio has raised and spent more money than millionaire ex-Wall Street banker Frank Pallotta in race for the GOP nomination for Congress in New Jersey’s 5th district.

If Pallotta winds up winning the June 7 primary, it might be because the Rep. Josh Gottheimer (D-Wyckoff) was able to pick his own opponent by telling Republican primary voters that Pallotta is Donald Trump’s candidate.

Pallotta spent more than $1.4 million of his own money running against Gottheimer in 2020 but  has loaned himself just $50,000 for his rematch.  His fundraising numbers have been largely lethargic.

Beyond his personal loan, Pallotta raised just $10,085 between April 1 and May 18 and has spent $108,146 during the same time period.

De Gregorio raised $120,653 during the 48 days since his last report and has spent $295,347.

This cycle, DeGregorio has raised $836,679, while Pallotta has raised $315,947, including his $50,000 loan.

DeGregorio has $274,450 remaining in his campaign warchest, while Pallotta’s bank balance is at $35,154.  Some of those dollars are earmarked for the general election and cannot be spent until after the primary.

Gottheimer, the Human Fundraising Machine, has not yet filed his pre-primary report.  He had $13,071,464 cash-on-hand as of March 30.

The two-term Democratic congressman has spent money to influence the GOP primary in an effort draw Pallotta, who he beat two years ago by 31,842 votes, as his opponent, and not the 37-year-old De Gregorio, who fought in Iraq and Afghanistan.

A dark money super PAC linked to Democrats,  Opportunity for All Action Fund, reported spending $35,000 on mail in support of Pallotta.  The group hired Wildfire Contact, a political consulting firm headed by Amanda Brown Lierman, a former Democratic National Committee political and organizing director.

Opportunity for All Action Fund has also spent $20,000 in support of Rep. Donald Payne, Jr. (D-Newark), who faces two Democratic primary challengers.

Even if Gottheimer and Democrats don’t get Pallotta, they might have succeeded in forcing DeGregorio to spend down some of his campaign cash to win the GOP primary.

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