BOP
06-20-2012, 07:05 PM
I know, you're shocked. Frankly, so was I.
Obama Spends More Than He Raises as Aides See Romney Advantage - Bloomberg (http://www.bloomberg.com/news/2012-06-20/obama-spends-more-than-he-raises-as-aides-see-romney-advantage.html)
President Barack Obama spent more on his re-election effort last month than he raised, ending May with $109.7 million cash on hand, according to U.S. Federal Election Commission reports filed today.
The $39.1 million his campaign took in was outpaced by $44.6 million it paid for television advertisements, employees, offices and other expenses, the reports show. The spending rate is a reversal from the past three months, when the campaign was taking in millions more than it was spending.
Seems to be a pattern with this president, doesn't it?
Obama Spends More Than He Raises as Aides See Romney Advantage - Bloomberg (http://www.bloomberg.com/news/2012-06-20/obama-spends-more-than-he-raises-as-aides-see-romney-advantage.html)
President Barack Obama spent more on his re-election effort last month than he raised, ending May with $109.7 million cash on hand, according to U.S. Federal Election Commission reports filed today.
The $39.1 million his campaign took in was outpaced by $44.6 million it paid for television advertisements, employees, offices and other expenses, the reports show. The spending rate is a reversal from the past three months, when the campaign was taking in millions more than it was spending.
Seems to be a pattern with this president, doesn't it?