Romney’s Super PAC Begins $4M Ad Buy

30-second television ads will run in at least eight swing states

   

investorpoliticsletters2 Romney's Super PAC Begins $4M Ad BuyHere it comes. On the heels of Barack Obama’s latest attack ad on Mitt Romney, and after pulling ads attacking GOP candidates from its YouTube account, the pro-Romney super PAC Restore Our Future is prepping a barrage of television ads.

According to a media analyst, the super PAC purchased up to $4 million in 30-second television ads in at least eight swing states crucial to this fall’s election. This would presumably take a significant bite out of Restore Our Future’s resources. The super PAC reported having $6.5 million cash on hand at the end of March. Of course, they have likely raised additional money since that report.

Romney’s own campaign had $10 million cash on hand at the end of April. This amount pales in comparison to Obama, who reportedly has $104 million in his war chest. Obama raised $35 million in March, compared to $12.6 million for Romney.

– Benjamin Nanamaker, InvestorPlace Money & Politics Editor

The opinions contained in this column are solely those of the writer.

Want to share your own views on money, politics and the 2012 elections? Drop us a line at letters@investorplace.com and we might reprint your views in our InvestorPolitics blog! Please include your name, city and state of residence. All letters submitted to this address will be considered for publication.


Article printed from InvestorPlace Media, http://investorplace.com/investorpolitics/romneys-super-pac-begins-4m-ad-buy/.

©2014 InvestorPlace Media, LLC

Comments are currently unavailable. Please check back soon.