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.

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