Bloomberg Breaks Campaign Spending Record
Friday, November 27, 2009
A new finance report shows New York City Mayor Michael Bloomberg spent $102 million on his most recent re-election campaign.
The finance report indicates the campaign for Bloomberg's third term was the most expensive self-financed campaign in US history. The AP reports Bloomberg spent $18.6 million in the final weeks of the campaign through Thursday.
He beat city comptroller and challenger William Thompson by five points, a much tighter margin than most expected.
Bloomberg's spending broke his previous records. For his first mayoral campaign in 2001, he spent $74 million, and in 2005, he spent $85.1 million.