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Article: Candidates discover high cost of fund-raising; Presidential race: Edwards spends $438,000 to raise more money
- Article from:
- Telegraph - Herald (Dubuque)
- Article date:
- April 17, 2003
- Author:
CopyrightCopyright 2003 Telegraph - Herald (Dubuque). Provided by ProQuest LLC. (Hide copyright information)
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WASHINGTON (AP) - 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 Optimists
political ...