Blumenthal Joins Ranks of Self-Funded Candidates
Sen. Richard Blumenthal (D-CT) “lent his 2010 Senate campaign slightly more than $2.5 million, of some $8 million spent. He was forced to reclassify most of that as a contribution, however, by a federal law that requires repayment of candidate loans within 20 days of the election,” the Connecticut Mirror reports. Said his campaign chairman: “Quite honestly, there were efforts to raise money during that [20-day] period but it wasn’t enough to pay the loan off.”
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