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21 Feb 2012 10:47

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Politics: Mitt Romney’s campaign plowing through cash, not getting much back

  • 287% the “burn rate” of Mitt’s campaign in January
  • $18M the amount Mitt spent on the campaign trail in January
  • $6.5M the amount Mitt got in donations last month — far less than he took in
  • $7.7M the amount Mitt had in the bank at the end of January source
  • » Spending a lot, not getting much back? With pricey losses and close contests, including in Iowa and South Carolina, the Mitt train seems to be losing some steam. And his toughest week is ahead of him: With contests in Arizona and Michigan in just a week, and Super Tuesday on the horizon, there’s a good chance he may not be able to pull it off, leading to the possibility of a “brokered” or “contested” convention in August.