Democrats catching up in US election spending race

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http://www.khaleejtimes.ae/DisplayArticle08.asp?xfile=data/international/2011/June/international_June1200.xml§ion=international

Democrats catching up in US election spending race Kim Dixon (Reuters)

29 June 2011

WASHINGTON - U.S. Democrats, badly outspent in congressional elections last year, fired their first shot on Wednesday against conservative groups in the advertising wars running up to the 2012 presidential election.

Priorities USA, a new political fundraising group run by a former aide to President Barack Obama, will spend $750,000 on its first television advertising in politically vital states like Iowa and Florida to help re-elect Obama.

Democrats were outgunned by tens of millions of dollars by Republican-backed independent groups at the midterm elections last year when Republicans won control of the House of Representatives.

They now appear to be catching up. Priorities is expected to report in coming days having pulled in some $4 million to $5 million in its first two months of operations, according to the group. Republican-backed American Crossroads reported last week that it took in $3.8 million since January.

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1. Without billionaires? How can this be?

Cough up, Kochs!