In Gubernatorial Race, Candidates Spend Big to Win Big

In a high-stakes election like this year’s gubernatorial race, fundraising is key if candidates want to be competitive. But raising heaps of cash isn't cheap.

Much of the attention surrounding last week's release of the candidates' latest campaign finance reports focused on which candidate added more money to his or her campaign coffer. But the leading GOP gubernatorial candidate, Attorney General Greg Abbott, and his likely Democratic opponent, state Sen. Wendy Davis, also spent hundreds of thousands of dollars chasing down those dollars.

Abbott, who has the largest war chest in Texas state politics, reported raising $11.5 million ...

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