News Video
Find, view and share videos about news and entertainment from around the Web.
See Videos »

NYC mayor spent more than $108M on 3rd term bid

By SARA KUGLER
,
AP
posted: 25 DAYS 17 HOURS AGO
comments: 0
Text SizeAAA
NEW YORK -An updated campaign finance report from Mayor Michael Bloomberg shows he spent more than $108 million on his campaign to win a third term.
The billionaire had already shattered his own spending records. His third-term bid was the most expensive self-financed political campaign in U.S. history.
Bloomberg has a fortune estimated by Forbes magazine at $17.5 billion. He did not take donations and was allowed to spend freely if he disclosed his expenses with the city's Campaign Finance Board.
His Democratic opponent relied on public matching funds and donations. He spent less than one-tenth of Bloomberg's total and came within 50,600 votes and 4.5 points of beating him.
Bloomberg will file final expenses with the state Board of Elections in July.
Copyright 2009 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
2010-01-15 15:08:39

Related Articles

  1. See More Related Articles and Blog Posts
Coming Soon:
New Commenting Experience

Valued AOL News readers, we have heard your feedback and are temporarily shutting off our commenting system as we work to improve the experience for you.

An updated campaign finance report from Mayor Michael Bloomberg shows he spent more than $108 million on his campaign to win a third term.