Home>Campaigns>Gottheimer has astronomic $12 million warchest after herculean 4th quarter

Rep. Josh Gottheimer welcomes 268 soldiers of the 2nd Battalion, 113th Infantry Regiment, New Jersey Army National Guard returning from a tour of duty in eastern Africa as part of Operation Enduring Freedom, at the National Guard Armory in Teaneck in November 2019. (Photo: Mark C. Olsen/New Jersey National Guard).

Gottheimer has astronomic $12 million warchest after herculean 4th quarter

New Jersey Democrat, the Human Fundraising Machine, has raised $22.8 million in less than 7 years

By David Wildstein, January 28 2022 9:00 am

It was another fundraising quarter of Brobdingnagian proportions for the Human Fundraising Machine, with Rep. Josh Gottheimer (D-Wyckoff) raising a behemoth $1,125,737 during the last three months of 2021.

The three-term Democratic congressman now heads into his re-election campaign armed with a leviathan $12,012,196 cash-on-hand, and a district that is markedly more Democratic than the one he flipped against a seven-term Republican in 2016.

Gottheimer has raised an imposing $4,268,457 so far this cycle, and an lumbering $22,775,009 since launching his bid to unseat Rep. Scott Garrett (R-Wantage) in March 2015.

But Gottheimer’s warchest is not scaring away Republicans who think the race is winnable in President Joe Biden’s mid-term election when the party in the White House traditionally loses House seats.  A national Monmouth University poll released on Wednesday has Biden’s job approvals upside-down at 39%-54%.

Three Republicans want to take on Gottheimer in New Jersey’s 5th district: Nick De Gregorio, a U.S. Marine Corps combat veteran who served in Iraq and Afghanistan; businessman Fred Schneiderman; and Frank Pallotta, an investment banker who lost to Gottheimer in 2020.

De Gregorio, who entered the race in November, had a strong first few months as a candidate, raising $403,000; he has $375,000 banked.   Pallotta announced his bid for a rematch in April and had $110,760 cash-on-hand as of September 30.  He has not yet filed his fourth quarter fundraising numbers.

Schneiderman entered the race this month; his first Federal Election Commission filing is due in April.  He has hired former Trump advisor Kellyanne Conway to help run his campaign.

Gottheimer emerged as a national figure in 2021 when he led a group of House centrists pushed for passage of an infrastructure bill that forced a budget showdown last summer, even at the expense of a larger spending plan pushed by progressives.

That has put a target on his back, but with 68 days left until the April 4 filing deadline, he remains unopposed in the Democratic primary.

In 2020, he faced a primary challenge from the left against Arati Kreibich, a Glen Rock councilwoman.  He won by 25,988 votes, 66.5% to 33.5%.

At this point two years ago, Kreibich had raised $170,025 since entering the race in July 2019.

In the general election, Gottheimer defeated Pallotta by 31,842 votes, 53%-46%.  Pallotta spent more than $1.4 million of his own money on his campaign.

Republicans held the 5th district seat for 36 years until Gottheimer, a former Clinton White House speechwriter, took out Garrett in a district that Donald Trump carried.

Last November, Gottheimer said that he has also raised about $2.9 million for Democratic candidates seeking federal, state and local office.

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