Kerry Reports Money Going Fast
Presumptive Democratic presidential nominee John F. Kerry spent nearly as much as he raised last month and had little campaign cash left as March began, according to a monthly campaign finance report to the Federal Election Commission.
The Massachusetts senator raised $8.4 million and spent nearly $8.3 million in February, beginning this month with $2.4 million in the bank, according to his report, filed Saturday.
Kerry raised $41.4 million from the start of his campaign through last month. That included roughly $6 million in loans financed by mortgaging his family’s Boston home. Kerry had spent $39 million and had $7.7 million in campaign debts as of March 1.
President Bush started March with $160 million raised and $49 million spent. He had $110 million on hand to spend, he reported.
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