Carly Fiorina's $2.5 million loan to her U.S. Senate campaign has given the former Hewlett-Packard CEO a considerable financial edge over her Republican rivals.
In all, Fiorina's campaign had $2.75 million in the bank to begin the year, according to a federal disclosure report delivered Friday. She is one of three Republicans vying for the right to challenge California Democratic Sen. Barbara Boxer, who is seeking a fourth term.
One of Fiorina's GOP primary challengers, Chuck DeVore, had $226,364 cash on hand. The other, former congressman Tom Campbell, has to begin raising money after dropping his campaign for California governor Jan. 14.
All three Republicans have a lot of work ahead to catch up with Boxer, whose campaign estimates she has $7.2 million in the bank.
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