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Mitt Romney's burn rate is boon for Barack Obama

By: clo in FFFT | Recommend this post (0)
Tue, 21 Feb 12 2:09 PM | 46 view(s)
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Just what I thought.

Mitt Romney's burn rate is boon for Barack Obama

By KENNETH P. VOGEL and ABBY PHILLIP | 2/21/12 4:46 AM EST

Mitt Romney is burning through cash more than twice as fast as he’s raising it, new reports filed Monday show — a clear sign that a protracted GOP primary fight could leave the front-runner limping into a general election fight with President Barack Obama.

Romney’s presidential campaign and the super PAC supporting him pulled in $13.1 million in January, but spent $32.7 million in the same month — an astounding burn rate more than double any of his rivals’ campaigns or super PACs.

Read MUCH more: http://www.politico.com/news/stories/0212/73100.html#ixzz1n0hOBe2v




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