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McMahon Spends $78 Million on Senate Races

Most of the money she has spent on her 2012 and 2010 Senate campaigns is from her personal fortune. Her opponent, Chris Murphy has spent about $8.7 million.

U.S. Senate hopeful Linda McMahon has spent nearly $28 million of her own money on her political aspirations during the current campaign, and about $78 million on her campaigns for this election and the election of 2010.   

Campaign finance records show that McMahon has loaned or contributed to her current campaign nearly $28 million for the 2012 campaign. That amount includes $14.7 million in a two-month period that ended last month, according to The Day of New London. The paper gleaned the campaign finance spending data from mandated reports McMahon and other candidates filed in September with the Federal Election Commission.  

The former chief executive of World Wrestling Entertainment lost her bid for the Senate to Democrat Richard Blumenthal in 2010 after spending nearly $50 million of her own money. She and her opponent, Chris Murphy, are locked in a bitter contest for the Senate seat being vacated by Joseph Lieberman this year.  

While McMahon has largely financed her campaign with her personal fortune, Murphy’s battle to win the Senate seat has been paid for mostly with $8.7 million in campaign donations, The Day reports.  Recent polls show the two locked in a statistical dead heat.

While McMahon’s spokesman says the candidate’s use of her own money underscores that her vote can’t be bought by lobbyists or outside interests, Murphy’s campaign aides have said McMahon is using money she made at the WWE “selling sex and violence to children to fund her desperate campaign of lies, smears, and attack ads,’’ the Boston Globe reports.

Liam Heller October 24, 2012 at 02:04 PM
78 million of her own, personal money. 78 MILLION DOLLARS! That's an appalling amount of money to be spent on self-marketing. If she truly wanted to make a mark on the state of Connecticut, THAT money could have been better spent elsewhere. And in doing so, the attention she'd get would speak for itself. Personally, I believe it's high time we stop electing these independently wealthy figureheads into politics. They don't "get it". They may SAY they do... But declaring bankruptcy the way they did, was merely saving their own assets and not truly because they were as destitute as she claims. Obviously. Of course inheriting the Cape Cod Coliseum soon afterwards, has a tendency to change things as well. You have to ask yourself two things here... 1. "What's her goal?" - Influential people with gobs of money who suddenly want to enter into local politics. There's always a personal agenda that has NOTHING to do with the residents of that state. 2. "Why haven't we heard about the THIRD candidate in this Senate race?" - http://vimeo.com/50722330 There was a day and age when the uber wealthy, the lawyers and career politicians weren't the only viable candidates for government. There was a day and age when the NEED for people to fix things, is what just about FORCED everyday people to take matters into their own hands. There was a day and age when the media didn't have the opportunity to manipulate the minds of the population of registered voters.
Claudia Cooper October 24, 2012 at 02:28 PM
Can't exactly say it's a level playing field, can we? There's something extremely repugnant about a wealthy person attempting to buy their election, and when Murphy's outspent ninefold, it leaves a bad taste in my mouth.

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