Former Sen. Evan Bayh (D-IN) “has $9.8 million in his campaign account — a total more befitting a national office-seeker than an ex-senator who exited political life more than 30 months ago,” Bloomberg reports.
“Bayh, who has a bigger campaign treasury than 98 of 100 current senators, is among some former members of Congress who have significant surplus campaign funds. They could tap the funds to run for political office again. They’re also permitted to donate money in unlimited amounts to national party committees or charities.”
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