Bachmann's big bucks loom in Graves rematch

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It ain't like Jim Graves is broke. The self-made hotelier and millionaire contributed $500,000 to his first campaign against Rep. Michele Bachmann last year. But since he announced Thursday he was challenging the 6th District incumbent to a rematch, Graves may again want to write himself a check.

As the Star Tribune reports, Bachmann's first quarter 2013 fund-raising figures aren't due to be released until Monday, but she already has shown plenty in the bank. Her year-ending statements for 2012 show some $2 million on hand, after she moved $3 million from her defunct presidential campaign, according to the Strib. Graves, meanwhile, has $30,000 left over from last year.

Bachmann wasted no time going on a spending spree, with TV ads depicting Graves as an Obama acolyte already airing in the Twin Cities.

Of course, there is the little problem of ethics inquiries into Bachmann's presidential campaign, which she has said she expects to just blow over.

Either way, it's likely that Bachmann would rather pay to get her message out than count on her friends in the media. And it's even more certain that both candidates have not yet begun to spend.

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