Romney said Monday will give money to his campaign for a second time.
WASHINGTON (CNN) - Former Massachusetts Gov. Mitt Romney, who is estimated to be worth at least $250 million, said Monday he will make a second contribution to his presidential effort. He called the move a "nightmare."
Romney, who loaned his campaign over $2 million in January, said he was forced to make a second loan in order to continue to get his message out and finance advertising in crucial campaign states. The Massachusetts Republican declined to say how much he will give his campaign this quarter.
"It would be nice not to have to loan or contribute to your own campaign," he told reporters during an all day national fundraising call event on Boston. "But the reality is if you want to have a strong campaign that gets out there and can talk across the nation, you’re going to have to do what's necessary. If other people are making sacrifices, I sure have to as well."
"It's not a dream come true. In some respects, it’s kind of a nightmare to write checks from your own bank account," he added.
Romney, who was little known beyond his home state when he launched his presidential bid, has steadily aired commercials in Iowa and New Hampshire since February. He said Monday that his campaign has already spent $3 million on television advertising. His chief rivals for the GOP nomination, Arizona Sen. John McCain and former New York City Mayor Rudy Giuliani, have yet to run television ads.
Including his own donation in the first quarter of 2007, Romney raised $23 million - a total well ahead of the other Republican presidential candidates. He predicted Monday that he would raise less in the second quarter, which ends Saturday, but said the campaign has more than doubled the number of contributors.
– CNN Ticker Producer Alexander Mooney