By JIM KUHNHENN, Associated Press Writer
Sat Oct 6, 7:07 AM ET
WASHINGTON – Mitt Romney once said financing his own campaign would be a “nightmare.” Writing checks, he said this week, is “painful.” It doesn’t seem to be stopping him. Romney is his presidential campaign’s most generous supporter, lending $17.5 million from his personal fortune so far. His Republican rivals are bracing themselves for him to do it again. And again.
Romney is hardly the first presidential candidate to cut himself a check â€” Steve Forbes and Ross Perot spent far more than he has. But the businessman-turned-politician, who can raise money AND open his wallet, may have the best chance to win the presidency.
The former Massachusetts governor has two more shots at testing what his money can do to supplement his campaign’s finances and help him win the GOP nomination. The first is during the 90 days left before the early presidential contests of Iowa and New Hampshire. If he survives those, he can spend again in the last weeks of January before the make-or-break primaries in Florida, New York, California, New Jersey.
Huh? The best possible chance to win? 😀 That’s funny. Uhhh Nate, lil help here?
Update by Nate
Nothing against Romney funding his own campaign but it does sort of discount his fund raising a bit. However, his personal fortune may give him the edge over his competitors in Iowa where cash is necessary to organize and bring out the votes.