Archive

Obama Outspends Romney in June

BURN RATE

But Mitt still raises more.

cheats/2012/07/21/obama-outspends-romney-in-june/obama-romney-spending-cheat_iwsyuc
Getty Images ; AFP / Getty Images

Last month, the president spent twice as much as his opponent on the trail—but the Republican challenger far outraised him. In June, Obama and the DNC spent $70.8 million, much of it on anti-Bain ads, while Romney and the RNC spent $38.8 million, more than double their previous month’s expenditures. But the Republicans have improved their fundraising numbers among small-scale donors, which now make up a third of their cash flow. And the big money keeps rolling in, including a $10 million donation from Sheldon Adelson to the pro-Romney super PAC Restore Our Future.

Read it at The New York Times

Got a tip? Send it to The Daily Beast here.