American Crossroads PAC casts 2012 as ‘David and Goliath’ struggle against Democrats

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American Crossroads, the massive political action committee that helped propel Republicans into the House majority last fall, is planning to spend $120 million on a 2012 election cycle it is casting as a “David and Goliath” struggle between well-funded Democrats and underfunded Republicans.

The group’s chairman, Mike Duncan, told reporters Friday morning that 2012 would be the most expensive campaign cycle in history. He said that the so-called “super PAC” would go after President Obama early and often, perhaps attacking the incumbent on television before Republicans have settled on their nominee.