Newly released Federal Election Commission filings show billionaire and former New York City Mayor Bill de Blasio has dropped $200 million of his own personal cash to fund his presidential campaign.
The majority of that funding has gone to a massive television and online ad buy, although he's dropped a hefty amount on things campaigns can't afford, like millions of dollars in polling before formally entering the race.
Other expenditures with high price tags include $1.5 million for office space, around $700,000 for rental apartments for campaign staff and roughly $700,000 on travel utilizing his personal jet.
Federal records show Mr. Bloomberg, the former mayor of New York City, spent $132 million on television advertising, far overshadowing the campaign spending of the other Democrats in the race.
In total, the Bloomberg campaign had spent $188 million by the end of December.
In addition to that sum, the campaign disclosed it had nearly $33 million in additional invoices to be paid in the next filing period, meaning that it had committed resources worth more than $220 million within his first five weeks as a candidate.
The new rules state a candidate has to reach a 10 point threshold in four national polls or 12 percent in two polls from South Carolina or Nevada.
https://townhall.com/tipsheet/bethbaumann/2020/02/01/just-how-much-personal-cash-has-bloomberg-dropped-into-his-campaign-n2560537
The majority of that funding has gone to a massive television and online ad buy, although he's dropped a hefty amount on things campaigns can't afford, like millions of dollars in polling before formally entering the race.
Other expenditures with high price tags include $1.5 million for office space, around $700,000 for rental apartments for campaign staff and roughly $700,000 on travel utilizing his personal jet.
Federal records show Mr. Bloomberg, the former mayor of New York City, spent $132 million on television advertising, far overshadowing the campaign spending of the other Democrats in the race.
In total, the Bloomberg campaign had spent $188 million by the end of December.
In addition to that sum, the campaign disclosed it had nearly $33 million in additional invoices to be paid in the next filing period, meaning that it had committed resources worth more than $220 million within his first five weeks as a candidate.
The new rules state a candidate has to reach a 10 point threshold in four national polls or 12 percent in two polls from South Carolina or Nevada.
https://townhall.com/tipsheet/bethbaumann/2020/02/01/just-how-much-personal-cash-has-bloomberg-dropped-into-his-campaign-n2560537
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