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Candidates Spent Over $50 Million To Raise More Money

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Wall Street Journal: “Democratic presidential candidates spent $335 million in the first nine months of the year—and a big chunk of it went to raising more money.”

“The 25 Democrats, six of whom have dropped out of the race, spent more than $50 million building lists of potential donors, buying digital advertising to lure new donors and on other expenses labeled as fundraising, such as consulting, according to a Wall Street Journal analysis of Federal Election Commission filings from Jan 1. to Sept. 30. The total cost of fundraising could be higher because campaigns have wide leeway in how they identify expenses in public filings.”

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About Political Wire

goddard-bw-snapshotTaegan Goddard is the founder of Political Wire, one of the earliest and most influential political web sites. He also runs Political Job Hunt, Electoral Vote Map and the Political Dictionary.

Goddard spent more than a decade as managing director and chief operating officer of a prominent investment firm in New York City. Previously, he was a policy adviser to a U.S. Senator and Governor.

Goddard is also co-author of You Won - Now What? (Scribner, 1998), a political management book hailed by prominent journalists and politicians from both parties. In addition, Goddard's essays on politics and public policy have appeared in dozens of newspapers across the country.

Goddard earned degrees from Vassar College and Harvard University. He lives in New York with his wife and three sons.

Goddard is the owner of Goddard Media LLC.

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