06/16/2009 05:12 am ET | Updated May 25, 2011

Bloomberg Has Spent Staggering $18.7 Million On Re-Election Campaign So Far

Mayor Bloomberg's campaign team says he isn't trying to buy the election - but new records show he has put an $18.7million down payment on a bid to acquire a third term.

The self-made billionaire has poured $15.6 million into his campaign in the past two months, spending millions on advertising, printing, consultants, dozens of staffers, rent and office supplies.

Read more: "Mayor Bloomberg's campaign has spent whopping $18.7 million to date on re-re-election" - http://www.nydailynews.com/ny_local/2009/05/15/2009-05-15_mayor_bloombergs_campaign_has_spent_whopping_187_million_to_date_on_rereelection.html#ixzz0FfwE1nQA&A

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