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Politics : Politics for Pros- moderated

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To: Little Joe who wrote (491854)	6/20/2012 6:36:26 PM
From: FJB	1 Recommendation Read Replies (1) of 793867

Obama Spends More Than He Raises As Aides See Romney Advantage By Julie Bykowicz and Jonathan D. Salant - Jun 20, 2012 4:54 PM CT 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. Cont... bloomberg.com

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