Thursday, July 19, 2007

Romney spending outpaces fundraising

Mitt Romney's campaign found 9,732 ways to spend its money last quarter. From a $15 service fee for its travel agent to $300 for makeup work to $31,500 to rent the Boston Red Sox's Fenway Park for a celebratory barbecue, the Republican presidential contender was anything but fiscally conservative in spending money as fast as he raised it between April and June. Based on the report Romney filed with the Federal Election Commission over the weekend, his spending was so prolific he had to lend his committee $6.5 million during the quarter, allowing him to cover the difference between $20.5 million he spent and the $14 million he raised. That loan also means that, for all intents and purposes, Romney has personally paid for every second of the $4.9 million in television ads his campaign has aired since he formally declared his candidacy in February. After reading all of this information i find it hard to believe he is spending so much money, and why beacause i haven't even heard of him running for president. It just shows how some candidates spend money loosely and irresponsibly, and i don't believe someone like that shoul be the next presindent.

1 comment:

Unknown said...

9,732 ways!? That's crazy. I want a candidate running only if they know how to use money for goods that can actually make a difference for their campaign. I don't want one running using their money irresponsibly!
I totally agree with you.