How Much Does it Cost to Run For President?

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2-19-12

A blog from the New York Times last Fall showed President Obama had raised  $139 Million compared to Mitt Romney's $57 Million and Ron Paul's $26 Million. It's gone up exponentially since then. When did it get so expensive to run for president?  Do you have to raise hundreds of millions of dollars to be a contender?  Perhaps we should ask Rick Santorum that.  As of last Fall, he'd only raised $2.2 Million.  That amount has increased a lot since his wins earlier this month.  Now, we've got the wildcard of fundraising with the PAC's.  One PAC has vowed to raise $250 Million to defeat Obama.  Another claims the unions have raised $500 Million to keep Obama in Office.  How high will these figures go? We're going to talk about the money along the campaign trail with our Political Expert Jim Moore Monday morning about that.  Join us. 

~Rebecca

Tags: president, costs