WASHINGTON - John Kerry (news - web sites) cut his campaign spending sharply last month in an effort to stretch $75 million in government funding, but he still started September with several million less than President Bush (news - web sites).
Bush's financial advantage heading into the campaign's final weeks stems from the GOP's decision to hold its presidential nominating convention a month later than the Democratic gathering.
Not only does Kerry have to make his $75 million in full government financing for the general-election phase of the campaign last a month longer than Bush does, but the Democratic National Committee (news - web sites) is burning through its money to promote its nominee faster than the Republican National Committee (news - web sites) is.
Kerry spent $10 million last month, starting September with $62 million just as Bush was about to get his $75 million from the Federal Election Commission (news - web sites). Kerry's August spending compares with $36 million in July when he could still use private contributions to cover campaign costs.
The DNC started this month with $56 million in the bank after spending roughly $55 million in August, much of it on TV and radio ads supporting Kerry and opposing Bush.
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