Posted: Aug 20, 2012 9:47 PM by Associated Press
WASHINGTON, DC (AP) - Facing strong fundraising from his Republican challenger, President Barack Obama and Democrats have spent more than they brought in last month during the presidential campaign.
Obama expanded his campaign operations and purchased millions of dollars in television advertising to compete with rival Mitt Romney.
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.
By contrast, Romney's campaign reported $40.3 million in July revenues and spending $32.7 million.
Just like for Obama, a bulk of those expenses went to advertising purchases, although only about $15.5 million by comparison. Romney had fewer than half the number of paid staffers as Obama, or about 320.
Click here to submit a news tip to us!
Become a Facebook Fan!
Help those in need this holiday season
Win! Win! Win!
Wise Local Marketing!
Get news, weather and more on your smartphone and tablet!
Get texts for news, traffic, deals and more!
Sign up on KVOA.com for newsletters, exclusive deals, and more!
What's happening on News 4 @ 4
Stories and videos with Kristi's Kids
Check out the latest events FC Tucson has scheduled.
Let us help grow your business
Digital Channel 4.2
What's on KVOA and when!
Contact info for our department heads
KVOA's on air personalities!
Work at News 4 Tucson
Complete feeds of all KVOA.com stories
FCC Public File of Records, Reports, and More