Romney Trails Obama in Cash

Pablo Martinez Monsivais / AP-pool

Well isn’t that ironic. Mitt Romney, known for his enormous personal wealth, is being surpassed in spending and cash intake by President Obama. The Romney campaign finished September with $63.1 million in its main fund to use before Election Day, while Obama is holding around $100 million. The president also spent $94.8 million on advertising and mail, more than double Romney’s $42.4 million just last month. Maybe Romney’s been too generous with his staff: according to reports, he’s doled out $425,000 in bonuses since the GOP convention.