Friday, February 22, 2008

Romney Money - The Price Of A Failed Campaign

Romney Spends $42.3 Million Of Personal Fortune
Total Campaign Cost - $97 Million

Before abandoning his bid to become president, Mitt Romney put in at least $42.3 million of his own money, a big chunk of the $97 million he spent on the campaign.

His campaign reported to the Federal Election Commission yesterday that he loaned his campaign $6.95 million during January to reach that total.

The former Massachusetts governor's total self-financing puts him ahead of Steve Forbes, the publisher who spent $38 million on his unsuccessful run for the GOP nomination in 1996, but shy of the $63.5 million that H. Ross Perot spent on his 1992 third-party presidential campaign.
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