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In 1996, Kerry And Weld Established $500,000 Limit Of Personal Wealth To Be Used In Senate Campaign. “In 1996, Kerry and Weld gave their already noteworthy Senate race added significance by establishing a spending cap. The candidates agreed to spend no more than $6.9 million from July 1 through the election. Weld ended up spending $6.6 million and Kerry $6.3 million. One key element of the agreement limited the candidates to spending $500,000 in personal wealth, a clause Weld favored because Kerry is married to a millionaire, Teresa Heinz.” (Glen Johnson, “In Kerry’s Plan For A Pac, The Resolution Of Opposites,” The Boston Globe, 12/18/01)
“[P]ost-election reports showed a last-minute infusion of $1.7 million from Kerry’s wife, heiress Teresa Heinz. … [K]erry denied that his campaign violated its agreement. The money had been loaned--not contributed--by his wife, he explained. ‘There was nothing in the agreement that restricted us from taking a loan … and we paid it back in $1,000 and $2,000 chunks.’” (“Global Ecology Lobby Rocked By Defection,” Political Finance, The Newsletter, 1/02)
Originally posted by Jonna
I am guessing that you are a Bush man!?!