Wendy Davis Raises $12 Million, But Will It Matter?

UPDATE: The Abbott campaign just emailed me to clarify the numbers. The Davis campaign raised $8.5 million, the rest comes from Battleground Texas.

Shot.

UPDATE at 5:50 p.m.: Wendy Davis, the leading Democratic contender for governor, announced Tuesday that her campaign and a joint effort with a Democratic voter turnout group raised more than $12.2 million for the race.

Chaser:

I think it's great that Wendy Davis raised $12 million. That's $12 million that Democrats won't be spending on races they could win.

— Gabriel Malor (@gabrielmalor) January 14, 2014

I tend to agree with Gabe. Davis has a lot of high profile support from liberal media and entertainment types which is translating into donations from around the country but won’t turn into votes.