Rep. Teague leads N.M. 2nd district money race

Freshman Rep. Harry Teague (D-N.M.) had a modest first quarter in terms of fundraising but still leads his GOP challenger in cash on hand. Teague raised $132,900 in the last three months and now has $927,300 banked for his match up with former Rep. Steve Pearce (R-N.M.).

Pearce announced Wednesday the he raised $277,447 in the first quarter -- he has $708,000 cash on hand.

Pearce left his 2nd district seat to launch an unsuccessful Senate bid in 2008.