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Corzine Spent $62M on Senate Race

December 7, 2000

NEWARK, N.J. (AP) _ The final, record-shattering numbers are in: Former Wall Street banker Jon Corzine spent nearly $62 million to get elected to the Senate, according to a phone book-thick report released Thursday.

The figures were contained in a report to the Federal Election Commission.

The Democrat won on Nov. 7 with a shade over 50 percent of the vote to 47 percent for Republican Rep. Bob Franks.

Franks spent a total of $6.1 million on the race to succeed retiring Democrat Frank Lautenberg.

Corzine’s spending amounts to more than twice the previous record for any Senate candidate. The old record was set by Republican Michael Huffington, who spent $30 million in a losing bid in California in 1994.

Corzine, who doled out his own money in huge checks to his campaign account, has a personal fortune estimated at $400 million.

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