Romney campaign pins victory hopes on cash advantage, late ad blitz
By Cameron Joseph - 09/11/12 05:00 AM ET
Mitt Romney’s campaign is pinning its hopes that its big cash advantage will help the GOP nominee against President Obama, who is leading in the polls.
“The goal has always been ‘let’s get into October and be within striking distance,’ ” a GOP strategist close to the Romney campaign told The Hill on Monday. “We’re going to have a financial advantage these last two months in the air wars, from the campaign as well as the third-party independent groups.”
Romney had a $60 million cash-on-hand edge over Obama as of the end of July. While Obama edged Romney in August fundraising, bringing in $114 million to the GOP nominee’s $111.6 million, the president’s campaign has been spending at a faster clip in recent months, meaning Romney’s cash edge likely remains significant.
On top of that, GOP-aligned outside groups like American Crossroads have a huge financial advantage over their Democratic counterparts, and will use that in the closing weeks of the campaign.
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http://thehill.com/homenews/campaign/248643-team-romney-pins-hopes-on-cash-advantage-late-ad-blitz
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