Welcome to DU!
The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards.
Join the community:
Create a free account
Support DU (and get rid of ads!):
Become a Star Member
Latest Breaking News
General Discussion
The DU Lounge
All Forums
Issue Forums
Culture Forums
Alliance Forums
Region Forums
Support Forums
Help & Search
Obama expects to be outspent by Romney
Source: Associated Press
Obama expects to be outspent by Romney
By The Associated Press / June 20, 2012
President Barack Obama's campaign said Wednesday that it expects the president to become the first incumbent to be outspent by his opponent. They are outlining the potential for $1 billion in spending from Republican-leaning outside groups supporting Mitt Romney.
Campaign officials say they fully expect Romney and a collection of supportive groups known as super PACs to outspend Obama, who broke all fundraising records in 2008.
They briefed Washington reporters only on condition of anonymity in order to discuss internal campaign strategy and polling data.
It's the latest bit of bad news for Obama, who acknowledged Tuesday that Europe's debt crisis could affect his chances at re-election in November, but he warned that his administration can't control how quickly the Europeans fix their problems.
[font size=1]-snip-[/font]
By The Associated Press / June 20, 2012
President Barack Obama's campaign said Wednesday that it expects the president to become the first incumbent to be outspent by his opponent. They are outlining the potential for $1 billion in spending from Republican-leaning outside groups supporting Mitt Romney.
Campaign officials say they fully expect Romney and a collection of supportive groups known as super PACs to outspend Obama, who broke all fundraising records in 2008.
They briefed Washington reporters only on condition of anonymity in order to discuss internal campaign strategy and polling data.
It's the latest bit of bad news for Obama, who acknowledged Tuesday that Europe's debt crisis could affect his chances at re-election in November, but he warned that his administration can't control how quickly the Europeans fix their problems.
[font size=1]-snip-[/font]
Read more: http://www.csmonitor.com/USA/Latest-News-Wires/2012/0620/Obama-expects-to-be-outspent-by-Romney
