Romney Loans 18 Million Dollars to His Campaign
January 31. 2008
Mitt Romney gave 18 million dollars of his own money to his campaign in the last three months of 2007. In total, he has poured 35 million dollars of his personal fortune into his campaign.
The Romney camp also reported raising 9 million dollars in donations in the fourth quarter equaling 53.5 million dollars for the entire year. The campaign spent 33.8 million during the last 3 months of the year equaling 87.6 million dollars spent in 2007. The camp reports having 2.4 million dollars cash on hand at the end of the year.
The campaign did not release any numbers for January meaning that Romney may have donated even more than 35 million dollars to his campaign. The camp launched an aggressive ad blitz today signaling that former Massachusetts governor may have used more of his vast wealth, which is estimated at upwards of 250 million dollars.
Campaigns were required to file their end of the year finance reports today with the Federal Election Commission.
By Shushannah Walshe
Source
http://embeds.blogs.foxnews.com/2008/01/31/
romney-loans-18-million-dollars-to-his-campaign/ |
