Where’s the money coming from?

SANTA FE — The good news for Republican gubernatorial candidate Susana Martinez is that she out-raised her Democratic opponent, Diane Denish, $611,000 to $188,000 last month.

The bad news is that Denish has $2.2 million in the bank and Martinez has $300,000. A big chunk of that was a $250,000 contribution from the National Republican Governors Association. In May, Martinez got $450,000 from Texas developer Robert Perry. Before that, much of her money was coming from oil interests.

Those sources will continue to help Martinez but there is only so much they can do. New Mexico’s economy is not sufficient for Martinez to close her fundraising gap with Denish.

That means Martinez will have to continue hitting up large out-of-state donors. And as she does, her claims of cleaning up Democratic pay-to-play lose some of their impact.

You can bet Denish is not going to give Martinez the rest of the summer to fatten her checkbook. Many were surprised and disappointed to see Denish begin negative ads the day after the primary election

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