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How the Presidential Candidates Spend Your Money

Political pundits say that by today, the latest race for the White House will have cost a total of $1 billion between the two presidential campaigns. We dug through both John McCain’s and Barack Obama’s receipts (via federal filings) for a sampling of where all the moolah, donated or otherwise, was spent. And it is not necessarily where you think.

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Republican presidential candidate, Senator John McCain, spent $107,904.19 on lodging at the Ritz Carlton. Meanwhile, his opponent, Democratic nominee, Senator Barack Obama, who also fancies the luxury hotel chain, didn’t spend quite as much with receipts totaling only $30,083.63.