FOR IMMEDIATE RELEASE

DEMS TO GIBSON: SHOW ME THE MONEY

AFTER REPEATEDLY MISREPRESENTING HIS CASH POSITION, DEMS

DEMAND GIBSON’S BANK STATEMENTS TO PROVE HE’S FINALLY
TELLING THE TRUTH

Today, Democrats demanded that Chris Gibson (NY-20) provide bank statements showing how much
cash he had in his campaign account on July 9, 2010, after the GOP congressional candidate was caught
repeatedly misrepresenting his fundraising position to the press.

On July 9, Gibson claimed his July filing would show $504,000 in cash on hand (Politico, 7/12/10, click).
This was squarely contradicted by his actual fundraising report, which revealed he had more than $50,000
less than that (2nd Quarter Filing, click). Gibson then changed his story, saying that the number referred
to cash on hand as of July 9 (Politico, 7/14/10, click).

Yet his August 26 filing debunked this claim too (Pre-Primary Filing, click); when donations in the report
were offset by expenditures, the cash on hand tally for July 9th was actually about $414,000 -- $90,000
less than he claimed. When confronted, Gibson changed his tune again, saying that $504,000 referred
to money in the bank as of July 9, which wouldn’t reflect expenditures not yet debited (Post-Star, 9/6/10,
click). The only problem: even if none of the $55,000 in checks that went out the door between July 1
and July 9 had been cashed, it still wouldn't explain the discrepancy.

“This is about more than Chris Gibson puffing up his fundraising numbers to pretend he’s a stronger
candidate than he really is. It’s about whether voters can trust Gibson to tell the truth when it really
matters. Simply put, Gibson needs to show New Yorkers the money, starting with an account statement
proving that he wasn’t trying to pull a fast one on voters by lying about his campaign cash,” said Jay
Jacobs, chair of the NYS Democratic Committee.

“Anyone who’s ever balanced a checkbook knows Gibson’s numbers just don’t add up. If he’s finally
telling the truth, then he should have no problem releasing the bank records to prove it. Until then, no
voter can trust a thing that comes out of his mouth,” Jacobs added.