Washington Post: Candidates for the White House are not only raising far more than ever before, many are also spending that money as fast as they get it, leaving some close to being forced from the race almost six months before the first votes are cast. Campaign finance reports released in recent days show that the spending spree is a reality for both front-runners and long shots. Former Massachusetts governor Mitt Romney (R) burned through more than $20 million in the past three months, 50 % more than he raised during that span. Sen. John McCain (R-AZ.) blew through the $11 million he raised during the past quarter and has barely enough money to keep going, even with his dramatically scaled-down operation . . . [Read More] See also: Strapped McCain cuts staff in Florida & Ron Paul tops McCain in cash on handTags: campaign funds, Election 2008, presidential candidate
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