Obama Outspends Romney in June but Republican Raises More

*In June President Obama spent twice as much as Mitt Romney on the trail, however the Republican challenger far outraised him.

In June, Obama and the DNC spent $70.8 million, much of it on anti-Bain ads, while Romney and the RNC spent $38.8 million, more than double their previous month’s expenditures.

But the Republicans have improved their fundraising numbers among small-scale donors, which now make up a third of their cash flow. And the big money keeps rolling in, including a $10 million donation from Sheldon Adelson to the pro-Romney super PAC Restore Our Future.

Read/learn more at NY Times.