Due to his bad month, I bet Romney did about 150 million, under Obama.
But, I think regardless, the spending will be about even in this race with maybe a slight lead to Romney if he comes back on top in October.
That is a true sea change from 2008, when we were just overspent like nuts. If we are close to even, it’s likely good enough to win.
I looked it up and sure enough, in 2008, Obama spent $740.6m on his campaign compared to McCain's $227.7m. That's just crazy! But it got worse. Between Sept. 1 and Election Day, McCain was outspend by Obama by a 4-1 margin. This was due mainly to fact that McCain took matching funds and thus was not allowed to raise money during the general election period.
I knew McCain was outspent but did not realize it was by that much!