Tim Carney, DC Examiner
President Obama has fooled plenty of people into thinking Mitt Romney is beating him in the race for campaign cash. This allows Obama to pose as a scrappy underdog and man of the people even as he raises and spends more money than his opponent. It's quite a trick, supported by three money machines:First, Obama's campaign has outraised and outspent Romney's campaign. Second, the Democratic National Committee outraised and outspent the Republican National Committee. Third, outside groups explicitly taking Obama's side -- super-PACs, 527s and PACs -- have spent more than the...
President Obama has fooled plenty of people into thinking Mitt Romney is beating him in the race for campaign cash. This allows Obama to pose as a scrappy underdog and man of the people even as he raises and spends more money than his opponent. It's quite a trick, supported by three money machines:First, Obama's campaign has outraised and outspent Romney's campaign. Second, the Democratic National Committee outraised and outspent the Republican National Committee. Third, outside groups explicitly taking Obama's side -- super-PACs, 527s and PACs -- have spent more than the...
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