Obama mismanages his campaign funds
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Printed Date: Jul 17 2025 at 12:42pm
Topic: Obama mismanages his campaign funds
Posted By: John Beagle
Subject: Obama mismanages his campaign funds
Date Posted: Aug 21 2012 at 3:21pm
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.
Last month alone, Obama spent nearly $59 million through his main campaign account — $10 million more than he raised, financial reports filed late Monday afternoon show. The cost of his campaign so far: more than $325 million, not counting spending by the the Democratic Party committees aiding his re-election.
By contrast, President Bush had spent $205.4 million to retain the White House at this point in the 2004 election.
Full Article: http://www.usatoday.com/news/politics/story/2012-08-20/obama-campaign-spending-fundraising/57174798/1 - http://www.usatoday.com/news/politics/story/2012-08-20/obama-campaign-spending-fundraising/57174798/1
What a surprise, Obama mismanages his campaign funds.
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http://www.johnbeagle.com/" rel="nofollow - John Beagle
Middletown USA
News of, for and by the people of Middletown, Ohio.
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