In the Red? Obama Campaign Spent More than it Raised During the Month of May

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Politics has become all about raising money.  There are few teams that have better fundraising skills than Team Obama.  Amazingly, the Month of May was not a good month for the Obama campaign, as it has been revealed that they spent more than they raised.  This is shocking for those who expect that Obama’s team would never run out of money.  What’s going on?

Given the Super PAC money that has poured into the Romney campaign, it’s a wonder that the Obama campaign has been able to keep pace. Sure,  Romney out-raised Obama in May, but Obama still brought in a respectable amount of cash. Problem is, the Obama camp spent more in May than it took in, according to ABC News:

 

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