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The reports will do little to shed light on spending by outside groups. Earlier this week, the independent group Crossroads GPS announced a $25 million, monthlong advertising blitz against Obama in 10 states. The ad push is the latest to illustrate the degree to which the campaign is playing out under dramatically looser campaign finance laws after a series of Supreme Court decisions allowed independent groups to raise and spend unlimited sums as long as they don't coordinate directly with the campaigns they support. The super PAC Restore Our Future, staffed with former Romney aides, has spent at least $4.3 million so far, while Americans for Prosperity, the group founded by brothers Charles and David Koch, has spent $5 million. The American Future Fund, whose goal is to promote conservative and free-market ideas, is spending an additional $4.7 million to run a one-minute ad suggesting Obama hasn't cracked down on Wall Street because of his campaign's fundraising. All that help means Romney doesn't have to spend much of his own money to stay competitive on the air with Obama. He can spend time fattening his campaign account. To that end, he planned to join Johnson in the New York area this weekend for nearly three full days of fundraising. Obama's campaign, meanwhile, can't count on much outside help, so he is spending $25 million of his campaign funds on a monthlong television ad push in the most competitive states. Pro-Obama super PACs haven't brought in nearly what their counterparts on the right have, though one
-- Priorities USA Action -- is spending $4 million to air ads intended to help Obama by attacking Romney. Democrats downplayed Romney's strong fundraising month. "We all see Romney as a formidable opponent. He's going to raise a lot of money," said Don Peebles, a member of Obama's national finance team. "I don't think the president needs a dramatic financial advantage. I believe the president will ultimately have one. And I don't believe one month will be reflective of the overall financial performance of Romney's campaign."
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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