clock menu more-arrow no yes

Filed under:


April was another expensive month for America's wealthiest would-be, could-be presidents: Steve Forbes sank $3 million into his failed campaign, and Ross Perot spent $1 million to get his third party on the ballot.

Forbes, who withdrew from the Republican race on March 14, raised his total investment in his campaign to $36.3 million, according to his latest report to the Federal Election Commission.Perot, the sole donor to the national Perot Reform Committee, gave $999,683 in April, pushing his total for two months to $1.6 million. The committee filed its first financial report in March.

Perot's new Reform Party is scrambling to get its name on state ballots in time to run a presidential candidate in November. It doubled spending to $1.08 million in April, up from $497,000 in March.

Perot launched the new party in September, building on the organization he crafted for the 1992 presidential race, United We Stand America.

Perot spent $60 million of his own money on his independent bid in 1992, and won 19 percent of the popular vote. This time, Perot hasn't declared his candidacy.

The party plans to pick its nominee during a convention either in mid-August or on Labor Day weekend, said spokeswoman Sharon Holman.

Perot hasn't said how much money he is willing to put toward the goal of getting the party or an independent candidate on all 50 state ballots.