Fund-Raising Costs Presidential Hopefuls

AP Online | April 17, 2003| | Copyright

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Dateline: WASHINGTON Finding it takes money to make money, some Democratic presidential hopefuls are investing heavily in their fund-raising operations.

Sen. John Edwards identified about $438,000 _ or one-fourth of his roughly $1.7 million in spending from January through March _ as fund- raising expenses, a campaign finance report he filed with the Federal Election Commission shows. Fund-raising costs proved to be the biggest share of campaign spending by Edwards, who raised $7.4 million in the first quarter, the most in the nine-way Democratic race.

Among the North ...

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