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- iHaveNet.com: Politics
by Danielle Kurtzleben
The fiscally conservative Minnesotan spends far beyond her campaign means
Minnesota Rep. Michele Bachmann is a staunch fiscal conservative, consistently advocating for balanced budgets and reining in spending. But her presidential campaign has taken the opposite tack in recent months, spending money faster than they have raised it in hopes of scoring a victory in Iowa.
In absolute terms, President Obama spent more than any other candidate in the third quarter, with
Bachmann is perhaps the prime example.
The Minnesota congresswoman spent
On the other end of the spectrum is Obama, who despite spending more than any other contender last quarter, also padded his campaign with the
Whether Bachmann and her fast-spending colleagues can sustain the fight through a long nomination contest is the big question. Investing heavily in early fights can be a winning strategy, and it is clearly what Bachmann in particular is banking on, as she has focused much of her campaign's efforts on the Hawkeye State. In terms of potency, Iowa can be a good place to spend early money: "Many candidates have been able to turn a victory in Iowa into momentum," says Michael Beckel, spokesman for the
Popularity does not necessarily equal campaign cash, of course, and vice versa. Though Perry and Romney are at the top of the fundraising heap, they have taken in comparable amounts of small donations to their less-successful rivals in the polls. Bachmann, for example, has taken in
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Obama and Perry Spend Big But Huntsman and Bachmann Spend Fast | Politics
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