Obama: "burning through campaign money faster than he can collect it "

eyer

Literotica Guru
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Jun 27, 2010
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Should this be any surprise from a President who has presided over the largest accumulation of national debt in a single term (even besting 43's 2 terms-total)...

...and who has never presided over a fiscal year budget that's been less than a trillion dollars in the red?

At this point in the 2004 campaign, W had spent $205 million on reelection...

...Obama is already over $325 million.

Sad news for the cash-hungry incumbent, though, is that Romney is raising significantly more money, and much more will be at his disposal when he is legally nominated a Presidential candidate in a week or so...

WASHINGTON – As Election Day approaches, President Obama is burning through campaign money faster than he can collect it — exceeding his spending pace at this stage of the 2008 contest as he expands his field operation and trades combative ads on the airwaves with Republican rival Mitt Romney.

- full piece here:

http://www.usatoday.com/news/politi...bama-campaign-spending-fundraising/57174798/1
 
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