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Ad Spending in Presidential Race Sets New Record

The most expensive presidential advertising campaign in history closes Tuesday with President Bush, Sen. John Kerry, their political parties and allied groups having spent more than $600 million. That's triple the amount spent on TV and radio commercials in 2000. Still, the race remains a statistical tie, even though Democrats have a spending advantage.

Read the whole story at The Hollywood Reporter, via Reuters, November 1, 2004 »

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