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.
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