Articles

The Sum of All Fears: Obama effort spends more in June than it takes in

July 21, 2012 at 2:36 pm
images-152

Amid a heavy barrage of advertising by opposing “super” political groups, President Barack Obama’s re-election campaign spent more than it collected in June. While outraised again by Republican Mitt Romney, Obama ended the month with a hefty $97.5 million in the bank.

June was the second consecutive month in which Romney brought in more money than Obama, finance reports filed Friday show. Romney’s money advantage prompted Obama’s campaign advisers to warn earlier this month that the president could lose the election if the financial disparity continued.

Obama tried to answer the super PACs supporting Romney by spending $38.2 million on television advertising. Romney spent less than a third of that – $10.4 million – on TV time.

Romney’s campaign nearly doubled its spending in June compared with the previous month, underscoring the close proximity of the November general election in which Republicans hope to unseat Obama and, in part, dismantle the president’s signature health care overhaul.

Post continues on DailyCaller.com

 

Like this article? Share it!    Share on Facebook0Tweet about this on Twitter0Google+0Email to someonePrint this page
 
Posting Policy
We have no tolerance for comments containing violence, racism, vulgarity, profanity, all caps, or discourteous behavior. Thank you for partnering with us to maintain a courteous and useful public environment where we can engage in reasonable discourse. Read more.

2 Comments

  1. JW says:

    He’ll just make it up with taxpayer money. Probably by Executive Order.

Leave a Comment

 

— required *

— required *