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As of July 2nd, the Obama campaign and affiliates has raised $471,400,000. The Romney campaign comes in at $264,223,126. Yet if major labor union promises are fulfilled, President Obama will be the main beneficiary of the more than $400 million labor leaders have promised to spend electing Democrats in 2012.
If only 15 percent of that money is directed towards Obama’s campaign, that pushes his above total over $530 million, giving him a 2-1 spending edge over Romney. Thus, President Obama’s lament that he cannot win if he is being “outspent” is revealed to be utterly disingenuous.
http://frontpagemag.com/2012/arnold-ahlert/obamas-campaign-spending-deficit-lies/