Nov 7, 2006

An extraordinary burn rate

Hillary Clinton's campaign expenditures.
The chairman of the Federal Election Commission, Michael E. Toner, said only a handful of Senate candidates had ever spent more. The spending patterns of the Clinton campaign demonstrated “an extraordinary burn rate,” he said, which was particularly striking considering she did not seem to have a serious challenger in John Spencer, her Republican rival.

“It may be that Clinton is spending so heavily in New York to try to accomplish the kind of landslide that President Bush enjoyed in 1998,” said Mr. Toner, referring to the Texas governor’s race eight years ago. “The president’s 1998 race unquestionably helped lay the groundwork for a successful presidential campaign in 2000. History may be repeating itself.”

2008, here we come.

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