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New York: Pataki's PAC continued to spend after he dropped campaign

The New York Times reports: After ending his exploration of a presidential bid early last year and all but disappearing from politics, former Gov. George E. Pataki spent more than $1 million from his political action committees for Broadway theater tickets, gatherings at the Yale Club and payments to political loyalists and advisers.

The money came from PACs used to raise Mr. Patakiís profile nationally and to lay the foundations for a possible presidential run. They were organized in Virginia, where candidates are given broad discretion in spending.

In all, the committees spent about $2.1 million in 2007; about $1.4 million of that was paid out after Mr. Pataki quietly suspended his efforts to seek national office last March, according to a review of campaign finance disclosure reports and other records. Some of the spending appears to have had little connection to a political cause or candidacy. ...

PACs organized under state laws in Virginia have long been attractive to politicians because there are no limits on contributions and, while it is illegal to use PAC money for personal use, the state has a light regulatory touch in terms of spending. -- Pataki Spent PAC Money After Opting Not to Run - New York Times

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