Here's how fast the Bloomberg campaign is spending its money.
Allan Smith, Maura Barrett and Josh Ledermancampaign will have spent about $5,000, if not more, based on the latest filing with the Federal Election Commission covering his campaign's spending in January.
The filing showed that Bloomberg, the former mayor of New York, spent about $464 million in December and January on his late-arriving presidential campaign. In January alone, the campaign spent more than $220 million — which works out to just north of $7 million per day, about $300,000 per hour, roughly $5,000 per minute and approximately $82 per second.
The campaign had $55 million in cash on hand at the end of January, according to the filing. That cash merely reflects the campaign account's balance on the last day of the period, not the remaining budget for the campaign, a campaign aide said, adding that Bloomberg has not put a firm number on the total he will spend.Let our news meet your inbox. The news and stories that matters, delivered weekday mornings.
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