He HAD that much money at the end of the 2013. Must have spent it all or something, I don’t know what happened to it but it’s gone, Senate race debt to pay off would be my guess.
The latest FEC reports
Show cash on hand as Belgard, 326K, Lonegan 172K, McArthur 1.7 Million (of his own money, he hadn’t started fundraising by the time of the report)
I go by OpenSecrets on the money. One of them has to be wrong. If he has that little amount of money, there’s no way he can mount a credible race.