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Romney’s Super PAC Begins $4M Ad Buy

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


Here 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.

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