NC congressional hopefuls with deep pockets lose big

New campaign finance reports show Republican congressional candidates Fred Von Canon, Bo Hines, John Bradford and others taking major personal money losses in unsuccessful bids.

Businessman Fred Von Canon lost nearly $3 million of his own money in his bid for an open congressional seat.

North Carolina’s latest campaign finance numbers are in. And they do not spell good news for self-financed congressional candidates, who have spent over $10 million on failed primary bids.