Washington – Obama, DNC Spending Exceeded Donations

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    (AP Photo/Pablo Martinez Monsivais)Washington – Facing strong fundraising from his Republican challenger, President Barack Obama and Democrats have spent more than they brought in last month as the president expanded his campaign operations and purchased millions of dollars in television advertising to compete with rival Mitt Romney.

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    New campaign finance reports out Monday show Obama’s campaign spent about $59 million in July, much of it on advertising and paid staff. That’s compared with about $49.2 million in total receipts during the same period, Federal Election Commission data show.

    Obama’s re-election effort has so far been losing the money race to Romney and the Republicans, who have out-raised the president in May, June and July. Romney and the GOP reported a combined $101 million in fundraising last month, while Obama and the Democrats together said they raised $75 million.

    Early reports showed the Democratic National Committee spent about $14 million in coordinated advertising with Obama. That’s as the DNC raised roughly $10 million in July while also spending $32 million, leaving the party with about $15.4 million in the bank by month’s end.

    The fundraising disparity has been so significant that Obama campaign officials have publicly stated they expect to be outraised by Romney. The former Massachusetts governor has enjoyed not only significant contributions to his campaign and party, but also millions of dollars in cash to outside “super” political groups running ads on his behalf.

    In turn, Obama’s campaign spent about $40 million in July on advertising buys, about $8.8 million of which was reserved for online advertising. Obama’s campaign has prided itself on being a tech-savvy operation and relies mostly on small-dollar donors via the Internet, where such targeted ads run.

    By contrast, Romney’s campaign reported $40.3 million in July revenues and spending $32.7 million. Just like for Obama, a bulk of those expenses went to advertising purchases, although only about $15.5 million by comparison. The new data show Romney had fewer than half the number of paid staffers as Obama, or about 320.

    Obama’s campaign has also swelled to more than 800 paid staffers across the country, the reports showed, not counting volunteers. More than 350 of those payroll checks went to addresses in Chicago, the campaign’s base of operations.


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    23 Comments
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    Mark Levin
    Mark Levin
    11 years ago

    To Obama, spending more than you have available isn’t anything new.

    anonymous613
    Trusted Member
    anonymous613
    11 years ago

    Does this means he will raise taxes even more to cover the cost? He runs his campaign like the he runs the government.

    Chuna
    Chuna
    11 years ago

    That’s how his healthcare works.

    11 years ago

    At least he’s consistent.

    Aryeh
    Aryeh
    11 years ago

    Funny, the same thing happened with Federal spending…

    Buchwalter
    Buchwalter
    11 years ago

    Foremost the Repubican monetary flooding was decided by a supreme court judge who declared a corp a person and of course it has a sould and it is a wandering soul because some corp. have foreign headquarters.Another Republican just discovered that Ayn Rand is an atheist and soon we will discover the purity of funds derived from gambling.

    SherryTheNoahide
    SherryTheNoahide
    11 years ago

    They are talking about the DNC monies- it’s not counting the monies he brings in from those stupid super-pacs & everything else! So this article is a bit misleading!

    But honestly…who here decides who to vote for, based on those 30second ad buys??

    I guess I just cannot believe how much is spent on Presidential races noww-a-days, PERIOD!

    It wasn’t always supposed to be like this, was it?! People didn’t USED to have to raise 1\2 a billion (or a whole billion) dollars just to run for President! Yeah, a person expects the Presidential race to be a lot more than any Congressional or Senate race, but come on!

    How is any NORMAL person supposed to be able to run for office w\out the backing of millions upon millions of dollars?! They don’t even let candidates SPEAK at debates unless they’ve raised a certain amount of $, etc…and the Super Pacs! I don’t like EITHER party having those!

    What a huge fiasco these are all turning out to be! It won’t be before long, before the Presidential race will be turned into some kind of Game Show!

    I don’t know whether to laugh or to cry! 🙁

    yiddishkind
    yiddishkind
    11 years ago

    In 2008 it was just the opposite. OBAMA was spending like a drunk, he was flooded with more money that could use.
    It was a must win, legal. Illegal Immoral, nothing mattered, and the famous author of “Campaign Finance” Senator John McCain, trying to show as an example of how righteous he was, in the beginning wasn’t asking for funding, he was trying to prove his idiotic smartness. Later seeing that he was losing he tried to fix his mistake, but it was too late. Obama finally outspent him by about, $500.000 dollars. Not taking into account the anti Republican pro Democratic hatchet media. Ofcourse they delivered us an ignorant.
    The value of the biased media is in itself worth a few hundred million dollars for Obama.
    Make no mistake about it. he will do anything and everything possible to win by all means.
    Soon he will be a cry baby, that he hasn’t gotten enough money.
    No question about it. Romney to have a chance, must outspend Obama a couple of hundreds of millions of dollars, just to get his message out,
    The media love Obama.

    OyGevald
    OyGevald
    11 years ago

    Hmmm. I smell a rat!
    Let’s see, did anyone work without collecting their salary? I think not. This is just a ploy of sorts. A symapthy ploy.

    BarDaas
    BarDaas
    11 years ago

    He can still campain because spending money you don’t have never stopped a democrat before.