Last Updated:November 30 @ 09:10 am

Obama and DNC spending exceeded donations in July

By Jack Gillum

WASHINGTON (AP) - President Barack Obama and the Democrats spent more than they brought in last month.

New data out Monday show much of the president's $49 million incampaign cash went to television ads and paying hundreds ofcampaign staffers.

Obama is facing an uphill challenge in fundraising as Republican rival Mitt Romney outraised the president's re-election effort for a third month in a row.

About $40 million in television ads are squaring off against millions more from both Romney and independent, "super" political groups working in his favor.

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  1. joelinpdxComment by joelinpdx
    August 21, 2012 @ 11:25 am

    Obozo apparently thinks the DNC has all of the “privileges” of the government and can just raise taxes to pay for its lavish spending.

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  2. mrwilsonComment by mrwilson
    August 21, 2012 @ 2:50 pm

    I just do not get it. This is old news, but the first time I have read any point on it. The point being that this is the very same way he handles our money. Duh.

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  3. daveevad1Comment by daveevad1
    August 21, 2012 @ 9:15 pm

    When Obama’s campaign and SuperPac and the DNC run out of money, he’ll recess-appoint (in the middle of speeches by Boehner and McConnell) Beverly Perdue as chairman of the Federal Elections Commission and proceed to suspend the election, making himself President-for-Life in the manner of such illustrious political mentors as Nasser, Kenyatta, Mugabe, and Duvalier.

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  4. KAHR50Comment by KAHR50
    August 22, 2012 @ 6:21 am

    You’re not really shocked are you? I mean, it is what the King does.

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