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Saturday, August 21, 2004

Candidate, Party Spending Tops $1 Billion

I thought that McCain-Feingold was suppose to get rid of money in politics. I think it has just gotten worse now with the 527 organizations running around. Aug 20, 8:59 PM (ET) By SHARON THEIMER

WASHINGTON (AP) - Spending by presidential and congressional candidates and the national party committees that support them already tops $1 billion for the 2004 election cycle, with more than two months of campaigning to go.

President Bush alone devoted $209 million to his re-election effort through July, a campaign finance report he filed Friday shows.

<> The spending by Bush, Democratic rival John Kerry, congr essional candidates and national party committees had surpassed $1 billion by the end of June, the period covered by the most recent finance reports many of them filed. read the rest here.

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