Money Piles Up Early in New York House Race
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With the election in 11 months and the primary still nine months away, New York's 20th district is already one of the most expensive Congressional races in the country.
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Congressional candidates spent a record &#36;911.8 million in last year's races, and several 2006 contests are already showing signs they will carry big price tags.
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Ground zero for the country's costliest House race is Dallas, where two congressmen shoehorned into the same new district have each raised &#36;4.1 million &#151; and counting &#151; to bash each other with television ads and sophisticated mailings.
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The Republican committee working to retain GOP control of the House has $36 million in the bank going into the final stretch of the congressional campaign.
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Wins are pumping money into candidates' campaign funds. Yet money alone is not translating into victories.
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With a Saturday night deadline for second-quarter fundraising fast approaching, presidential candidates from both major parties are scrambling to rake in the cash before the clock runs out.
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President Bush darted across the country Friday to raise cash for a pair of political candidates, part of a stepped-up fundraising pace aimed at helping the GOP retain its majority in Congress.
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The race for presidential cash in its infancy, Sen. John McCain reported Wednesday he had collected $1.7 million in his campaign's first few weeks while Republican rival Rudy Giuliani's early take was $1.4 million.
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Despite low approval ratings and hard feelings from last year's elections, Democrats and Republicans in the House are reaching out for an approximately $4,400 pay raise that would increase their salaries to almost $170,000
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He's well positioned in early polling and organization, but John Edwards will have to raise some quick cash if he wants to remain in the top tier of contenders for the Democratic presidential nomination.
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Blog: Small donors are having a significant impact on the amount of money that the Republican and Democratic candidates for president are raising.
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John McCain, riding high off victories in New Hampshire and South Carolina, has raised more than $7 million this month, collecting in three weeks more than he took in during a three-month period last year.
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Congress is on the hunt for revenue raisers. Watch your wallet. Call your lobbyist.
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Republican presidential front-runner Rudy Giuliani reported on Friday that he had more than $18.3 million on hand at the end of June, after spending just over $11.2 million during the second quarter.
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NEW YORK  - Former Massachusetts Gov. Mitt Romney is taking an early lead in political ad spending, with his GOP presidential campaign running more TV ads than any other candidate.
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The national Democratic Party has spent millions on raising money, consultants and building state parties, entering the weeks before Election Day with only about one-fifth as much as the Republicans for races that could decide control of Congress.
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With the primary season getting earlier and earlier, one family figures their son needs to start now â and raise $10 billion to run.