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Friend,

With the DNC driving presidential hopefuls toward breadth instead of depth when it comes to donors, campaigns are reporting $60 or more spent per $1 raised.

What gives? Surely this cycle's Democrats aren't that bad at basic ROI calculations ([link removed]) . . . right?

As always, visit transparencytexas.org ([link removed]) to find the answers and insights you need about the money in Texas politics. And thank you for your continued interest in our work.

Sincerely,
The Transparency Texas Team
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