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Don't Believe the Hype: Obama is Handily Outraising Romney

Brian2257 Wrote: Jul 21, 2012 8:35 PM
How can this be right? Wasn't it fairly widely reported that Romney raised $107million last month? If he spent 33 and has 22.5 left, that leaves $50 million unaccounted for. Where did it go? Taxes? What did I miss?
While President Obama continues to talk about how he's going to be the first incumbent president to be outspent in his re-election campaign, keep one thing in mind: he's lying.

Well, either he's lying or he's not checking the numbers often. President Obama spent $58 million in June and still has almost $100 million on hand for more. Romney? He spent a paltry (by comparison) $33 million, and only has $22.5 million left to spend.

The picture is slightly complicated when looking at the added totals of the Democratic and Republican National Committees. The DNC has...

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