Amid a heavy barrage of advertising by opposing "super" political groups, President Barack Obama 's re-election campaign spent more than it collected in June. While outraised again by Republican Mitt Romney , Obama ended the month with a hefty $97.5...
The New York Times
Mr. Obama and the Democratic National Committee spent $70.8 million in June, including about $38 million on television advertising, as the president's campaign sought to batter Mr. Romney over his ties to Bain Capital, the private equity firm. Mr.
The numbers, in disclosures filed Friday with the Federal Election Commission, underscore how rapidly the fundraising contest has been transformed since Romney was all but assured the Republican nomination in April with little money remaining from a...