From Deseret News archives:
Race was costly in the 2nd District
At $3.96 million, it was only Utah's 4th priciest
But the $3.96 million spent was only the fourth most expensive House race in Utah history, well behind the $4.8 million spent in 2000 when Matheson first won the seat against businessman Derek Smith.
The 2004 total was slightly behind the 1994 total of $4.04 million when Republican Enid Greene won in a three-way contest with Karen Shepherd and Merrill Cook, and the 2002 total of $4.03 million when Swallow first challenged Matheson.
At least those are the "official" numbers reported to the Federal Election Commission. Unofficially, close to another $2 million was spent on behalf of the candidates but without coordination with the candidate's campaign bringing the total to somewhere between $5 million and $6 million, or the most expensive House campaign in Utah history.
According to official candidate reports filed with the FEC, Matheson raised $1.97 million to go with another $121,000 in cash to start the campaign, and he spent just over $2 million on his re-election bid.
His GOP challenger, Swallow, raised $1.48 million and spent $1.47 million.
Swallow's totals included fund raising and expenses associated with a tight primary election against businessman Tim Bridgewater, who spent $439,189 on his rematch with Swallow that followed a narrow loss to Swallow in 2002.
A third Republican contender, Salt Lake Councilman David Wilde, spent $28,000 before being eliminated at the state GOP convention last April.
The bitterly contested general election race featured an unusual amount of negative advertising at least unusual by Utah standards and it even resulted in complaints filed with the FEC that Republicans had violated federal election laws.
With the help of fellow Democrats in Congress and a wealth of PAC money that typically goes to incumbents, Matheson was able to raise more than a half million dollars more than Swallow, and he spent that much more than Swallow and a little more.
Most of Matheson's money 63.3 percent came from PACs and political committees, whereas only 36.7 percent was contributions from individuals.










