Obama effort spends more in June than it takes in
{{#rendered}} {{/rendered}}Amid a heavy barrage of advertising by opposing "super" political groups, President Barack Obama's re-election campaign spent more than it collected in June.
While outraised again by Republican Mitt Romney, Obama ended the month with a hefty $97.5 million in the bank.
Finance reports filed Friday show June as the second consecutive month in which Romney brought in more money than Obama.
{{#rendered}} {{/rendered}}Obama tried to answer the super PACs supporting Romney by spending $38.2 million on television advertising. Romney spent less than a third of that — $10.4 million — on TV time.
Romney's campaign nearly doubled its spending in June compared with the previous month.
Romney raised $106 million with the help of the GOP. Much of that came from larger donations in a handful of battleground states.