Just like they do with our taxes, obama and the Democrats 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.
I am thinking that we the people, even us who are against obama, are going to be footing this tab with our tax money.
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.
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.
Where as Romney only has 326 paid staffers.