Tuesday, August 08, 2006

The amount of money spent by Congressional candidates in their party primaries leaves many winners with a need to fundraise again, and immediately, for the general election and possible runoff. For example, an August 8, 2006 Jersey Journal article on the 13th District race in that state headlined that "foes spent $2.2M" up to June 30th of this year.

Including his recent $80,000 personal loan, Vas's campaign collected a total of $863,323 and spent $825,598, leaving Vas with $37,725 in cash on hand.
Sires, on the other hand, raised $1,383,841. His campaign spent $1,338,707 and had $45,134 on hand as of June 30. Sires ranked 18th in the nation for the amount of money spent as of June 30, according to the FEC.
"Campaigns are very expensive nowadays," Sires said. "We work hard to raise our money. Now, we'll have to raise more for the two elections in November - the regular one and the special election."
"Campaigns are getting to be a rich man's game. In the future, you'll have to be wealthy to run for office."

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