DNC Chairwoman In Toledo, Says Romney Will Outpace President In Fundraising

Jul 2, 2012

The head of the Democratic national committee was Toledo this weekend, reinforcing the themes of President Obama’s campaign- jobs and the economy.  Debbie Wasserman Schultz comes days before the Obama is set to visit Ohio as part of a two day bus tour. Wasserman Schultz says the battleground state is crucial to winning the election and while recent polling numbers have been good for the President in Ohio, Republican hopeful Mitt Romney raised more money than Obama. Wasserman Schultz says that’s likely to continue.

 “We’re not going to match it. This is unfortunately going to be the first election in which you’ll see the first incumbent President be outspent by the challenger because that Superpac money is non transparent, opaque. You’ve got a handful of billionaires that are interested in buying the presidency,” says Wasserman Schultz.

Wasserman Schultz says the average contribution to the Obama campaign is $50. Even though the Romney campaign has raised more money however, he and his supporting SuperPacs have spent 1/3 of the money that Obama team has on television ads nationwide.