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alp227

(33,339 posts)
3. ny times: ‘Super PACs’ Supply Millions as G.O.P. Race Drains Field
Wed Mar 21, 2012, 02:19 AM
Mar 2012
http://www.nytimes.com/2012/03/21/us/politics/republican-candidates-increasingly-reliant-on-super-pacs.html

The Republican presidential candidates are running low on campaign cash as expensive primaries in states like Maryland, New York and Pennsylvania loom, leaving them increasingly reliant on a small group of supporters funneling millions of dollars in unlimited contributions into “super PACs.”

Mitt Romney raised $11.5 million in February but spent $12.4 million, according to reports filed with the Federal Election Commission on Tuesday. He began March with $7.3 million in cash, slightly less than in January.

Rick Santorum raised more than $9 million in his best month yet, but spent $7.9 million; he ended with $2.6 million in cash, along with close to $1 million in debts, mostly associated with television and Internet advertising.

Newt Gingrich raised $2.6 million, spent $2.9 million and had about $1.5 million in the bank, barely enough to keep his campaign going. He also began March with myriad debts totaling over $1.5 million for expenses like media placement, security services, salaries and airfare.

(psst...google WSJ article titles to evade the paywall!)

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