Tags: romney | money | raised | campaign

Romney Team Raised, Spent $1.2 Billion

Thursday, 08 Nov 2012 12:09 AM

Share:
  Comment  |
   Contact Us  |
  Print  
|  A   A  
  Copy Shortlink
Mitt Romney and his team spent $1.2 billion in the presidential race compared to $1 billion by Obama and his allies, according to an analysis by Politico.com

About 40 percent of Romney's spending was done by super PACs and outside groups; that number was about 12 percent for Obama.

The website's analysis indicates that the massive spending sprees by both sides in what is the most expensive presidential race in history, may have ultimately hurt the GOP.

The wild spending and unlimited outside groups with huge accounts led Democrats to up their game too.

But all the money spent didn't really help either party keep control over the process or the message and may have sent weak candidates to elections that they ultimately does.

According to Politico, both sides are gearing up to raise money but are thinking about just how to change the system for the better.






© 2014 Newsmax. All rights reserved.

Share:
  Comment  |
   Contact Us  |
  Print  
  Copy Shortlink
Around the Web
Join the Newsmax Community
Please review Community Guidelines before posting a comment.
>> Register to share your comments with the community.
>> Login if you are already a member.
blog comments powered by Disqus
 
Email:
Retype Email:
Country
Zip Code:
Privacy: We never share your email.
 
Follow Newsmax
Like us
on Facebook
Follow us
on Twitter
Add us
on Google Plus
Around the Web
You May Also Like

Jose Antonio Vargas Among Illegal Immigrants Pleading With Obama

Wednesday, 20 Aug 2014 14:29 PM

Eleven undocumented immigrants are putting themselves forward to plead with the Obama administration to protect them fro . . .

Obama: Will Do 'What We Must' to Protect Americans From ISIS 'Cancer'

Wednesday, 20 Aug 2014 12:43 PM

President Barack Obama on Wednesday condemned the Islamic State militants who beheaded American journalist James Foley a . . .

Hamas Warns Foreign Airlines to Steer Clear of Ben Gurion

Wednesday, 20 Aug 2014 14:07 PM

Hamas has threatened to launch new rocket attacks against Israel's Ben Gurion International Airport as it warned foreign . . .

Most Commented

Newsmax, Moneynews, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, NewsmaxWorld, NewsmaxHealth, are trademarks of Newsmax Media, Inc.

 
NEWSMAX.COM
America's News Page
©  Newsmax Media, Inc.
All Rights Reserved