Tags: US | Reid | Fundraising

Sen. Reid Spends Money As Fast As He Banks It

Friday, 29 Jan 2010 02:48 PM

 

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Senate Majority Leader Harry Reid's campaign has ended 2009 with less money in the bank than it had in September after financing an advertising blitz intended to buff his bruised image in Nevada.

Records released Friday show the politically struggling Democratic leader collected nearly $2 million in donations from October through December — his weakest fundraising quarter of the year by a narrow margin.

That's about the same amount of money his campaign burned through in the three-month period on ads and other expenditures — averaging about $22,000 a day in spending.

Even so, Reid holds a big fundraising edge over any of his potential Republican opponents in November.

The Senate leader has said he will raise $25 million overall for the campaign.

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