Deficit: Obama Campaign Takes In $46 Million in June, Spends $58 Million

Deficit: Obama Campaign Takes In $46 Million in June, Spends $58 Million

At first blush, associating Barack Obama with deficits of any sort seems like a complete non-story.  After all, this is the president who has presided over four consecutive trillion-plus dollar deficits after pledging to slice that number in half by the end of this term.  He's also the man whose unanimously rejected FY 2013 budget would literally never balance, generating additional deficits as far as the eye can see.  Nevertheless, seeing red ink splattered on Obama's re-election campaign's balance sheet still feels strange.  This group once boasted that it would raise a billion dollars for this cycle --...