Obama lies again!! Said he was outspent in 2008 Campaign..is there nothing he won't lie about?
A: Overall, Obama has outspent McCain by nearly 3-to-1, but in the closing week it’s been closer to 5-to-1.
According to figures supplied by the campaign Media Analysis Group of
TNS Media Intelligence, Obama has spent an estimated $280 million on TV
advertising since Jan. 1 of last year through Nov. 1.
McCain has spent less than half as much, just under $134 million,
according to CMAG, which tracks advertising in the top TV markets.
Those figures include amounts spent in both the primary and the
general election campaigns. Since the two candidates clinched the
nominations of their respective parties, the spending disparity has been
greater, reflecting Obama’s greater ability to attract private
donations, and his decision to do without public funds or the spending
limits that go with them.
During the 60 days ending Nov. 1, Obama has outspent McCain on
television by better than 2.5-to-1. And in the most recent week, Obama
has spent $23.6 million to McCain’s $4.8 million, a spending advantage
of nearly 5-to-1.
That’s a Big Difference. What Gives?
There’s no question that Sen. Barack Obama, who opted out of the
public financing system, has raised more money than anyone in the
history of U.S. politics. As a result, Sen. John McCain, who opted to
receive public financing, was at a stark financial disadvantage to his
As we reported
earlier, public financing limits candidates to spending $84.1 million
on their general campaign. The money is provided to them in the form of a
grant from the U.S. Treasury. Candidates can still solicit private
donations, but the money can only be used toward legal and accounting
expenses. The money cannot be used to fund advertising, events planning,
transportation, salaries or any of the other myriad campaign expenses.
Obama’s choice to turn down public financing and McCain’s choice to
accept it helped create a relatively large campaign fundraising
disparity. As of Oct. 15, the Obama-Biden campaign had received $522 million in contributions, according to Federal Election Commission reports. Compare that with the $375 million raised by the McCain-Palin campaign
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