Peter Fenn News
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Health care, telecommunications and defense industry workers are fueling President Barack Obama’s re-election campaign, even as Wall Street walks away from his candidacy.
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President Barack Obama courted donors in Colorado and California as he sought to retain his edge in the money race with Republican Mitt Romney and the independent political groups supporting him.
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To make his closing argument to Iowa voters on the day of the Jan. 3 caucuses, Republican presidential candidate Mitt Romney spent $1,000 to air a minute- long television ad during one of the Des Moines market’s top- rated morning news programs.
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The U.S. will maintain the world’s “finest, most capable military” amid defense spending cuts to create a “leaner” force as conflicts end in Iraq and Afghanistan, President Barack Obama said.
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Four years ago, Barack Obama became the first Democratic presidential nominee in at least two decades to outspend the Republican challenger. The incumbent president shouldn’t expect the same advantage this time.
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The House Democratic fundraising committee heads into the remaining months of the midterm campaign with more than twice as much as cash as its Republican counterpart after a series of victories in special elections.
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Karl Rove ’s American Crossroads and other top Republican-leaning groups that spent $167 million on the U.S. midterm elections came out on the winning side of almost twice as many races as they lost.
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