Obama: I’ll be outspent
By GEOFF HOLTZMAN
Talk Radio News Service
WASHINGTON - President Obama is setting fundraising expectations low for himself this time around.
In an email to supporters Tuesday, Obama said he “will be the first president in modern history to be outspent in his re-election campaign, if things continue as they have so far.”
“I’m not just talking about the super PACs and anonymous outside groups,” the president said, “I’m talking about the Romney campaign itself. Those outside groups just add even more to the underlying problem.”
With help from Super PACs and the Republican National Committee, GOP nominee Mitt Romney has been gaining on Obama in recent months, and may surpass him when the June fundraising numbers come out.
It should be noted, however, that Obama, himself, has benefited from a Democratic Super PAC. In addition, the president has been hosting weekly seven-figure campaign events around the country.
“We can be outspent and still win,” he said. “But we can’t be outspent 10 to 1 and still win.”
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