Corzine says he'll fund '09 campaign

January 15, 2009 10:26:04 AM PST
New Jersey's multimillionaire Democratic governor says he won't accept public financing for his re-election bid. Gov. Jon S. Corzine sunk more than $40 million into his gubernatorial campaign in 2005 and about $65 million into a successful run for U.S. Senate in 2000.

This time, Corzine says he expects to do some fundraising. But the former Goldman Sachs CEO is expected to ante up from his personal bank accounts for much of the financing.

Far less wealthy Republicans have called on Corzine to accept public funds, which would limit the amount he could spend.

Corzine said accepting public money could draw wrath from taxpayers who know he can self-fund his campaign.

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