Answer:
Phil Gramm on his presidential bid spent 9.6 million dollar
Step-by-step explanation:
a famous economist & politician from america name William Philip Gramm born on 8 July, 1942 representing Texas in both legislative houses. He has invested $9.6 million on his presidential bid Gramm sought presidential nomination in Republican primaries in the year 1996 but unfortunately dropped out after the first phase of primaries. Gramm withdrew from Congress in year 2002. He became a UBS lobbyist and set up Gramm Partners, a business firm for social policy and lobbying.