Gray loans his U.S. Senate campaign $1 million

FRANKFORT, Ky. (AP) – U.S. Senate candidate Jim Gray says he has raised $750,000 in individual contributions to his campaign for the Democratic nomination.

The Lexington mayor also says he loaned his campaign $1 million, giving him $1.5 million in cash available to spend. Gray is one of seven people seeking the Democratic nomination to challenge incumbent Republican Sen. Rand Paul in November.

Fundraising reports are not due until April 15. But Gray’s campaign put out a news release announcing his totals on Wednesday.

The campaign said Gray’s willingness to spend $1 million of his own money illustrates his confidence and said he is the best candidate to take on Paul in November.

Paul has not announced his fundraising totals yet. He had about $1.2 million available to spend as of his last report.

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