Thursday, June 21, 2012

Obama campaign burns through cash quickly

Updated at 8:43 p.m.

President Obama’s campaign spent heavily in May and shelled out more than it raised, according to a report filed Wednesday with the Federal Election Commission.

The report shows Obama’s campaign raised $39.1 million for the month and spent $44.6 million, seeing its cash on hand fall to $109.7 million. Much of the heavy spending is likely due to an aggressive early advertising campaign launched in early May that promised to spend $25 million over the course of a month.

Read full article >>

Add to Facebook Add to Twitter Add to Reddit Add to StumbleUpon

Harry Reid Barbara Boxer Dianne Feinstein Orrin Hatch Joseph Lieberman

No comments:

Post a Comment