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Marc Ambinder

Marc Ambinder - Marc Ambinder is the White House correspondent for National Journal and a contributing editor at The Atlantic. More

Marc Ambinder is the White House correspondent for National Journal. He previously served as the politics editor, and is now a contributing editor, for The Atlantic, where he curated the influential Politics channel on TheAtlantic.com and contributed to the magazine. He was also a chief political consultant to CBS News. Earlier, at NJ's Hotline, Ambinder was the founding editor of "Hotline On Call," a pathbreaking political news blog. He also worked as a producer and reporter for the ABC News Political Unit and was one of the founders of ABC's "The Note." Born in New York City, raised in Central Florida, Ambinder is a 2001 graduate of Harvard and lives in Washington, D.C.
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Rudy's Burning

By Marc Ambinder

Oct 4 2007, 5:19 PM ET Comment

Rudy Giuliani may be concerned about how much money the Democrats are raising, but he sure is spending up a storm.

His burn rate this quarter exceeded 100%. Giuliani reported having $18.3m on hand at end of the second quarter. If the math is right, he wound up spending $12m this quarter.

So both Mitt Romney and Rudy Giuliani spent about 120% of what they took in.

And without his own money, Romney would have about $500,000 in the bank.

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Marc Ambinder
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