Perry’s Expenses Overshadowed Income at Campaign’s End

AUSTIN, Texas (AP) _ Rick Perry raised a paltry $389,000 — and spent nearly ten times that — during his failed presidential campaign’s final three weeks.

The Texas governor took in just $388,531 in donations from Jan. 1 until he dropped out of the race for the GOP nomination 18 days later.

Perry’s Federal Election Commission report for January shows he spent almost $3.3 million over the same period. He had a bit more than $860,000 in cash-on-hand at month’s end.

It was a spectacular collapse for Perry, who raised over $17 million in donations in just his first seven weeks of campaigning.

But high-profile debate flubs saw his popularity plummet, and Perry took in just $2.9 million in the final three months of 2011. Things only got worse after that.

(Copyright 2012 by The Associated Press.  All Rights Reserved.)

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