Word: squandered
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Still, new restrictions on spending could actually work for Democrats in their quest for the White House. Money will be hard to come by between the crucial primaries in early 2004 and the July convention. "You can't afford to squander much on an internecine battle," says John Merrigan, chairman of the Democratic Business Council during the Clinton years. "People like Kerry and Gephardt, they get it. They'll still be competitive, but they'll be positive. If they aren't and they waste cash early, Bush and Rove will do to Democrats what Clinton did to Dole...
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