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Article: Fund-Raising Costs Presidential Hopefuls
- Article from:
- AP Online
- Article date:
- April 17, 2003
- Author:
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Dateline: WASHINGTON
Finding it takes money to make money, some Democratic presidential
hopefuls are investing heavily in their fund-raising operations.
Sen. John Edwards identified about $438,000 _ or one-fourth of his
roughly $1.7 million in spending from January through March _ as fund-
raising expenses, a campaign finance report he filed with the Federal
Election Commission shows. Fund-raising costs proved to be the biggest
share of campaign spending by Edwards, who raised $7.4 million in
the first quarter, the most in the nine-way Democratic race.
Among the North Carolina senator's investments: $36,031 to purchase
donor lists, including $10,096 to his New American ...