Obama Raises $29M While GOP Hits Trail
Super PACs that support the Republican candidate are likely to infuse an unprecedented amount of cash into the presidential race. The Supreme Court's Citizens United v. Federal Election Commission decision set a precedent that could encourage staggering cash-flow into the presidential election. This prediction seemed more plausible when Obama's campaign pivoted from its long-standing opposition of special-interest spending and decided to support the super PAC Priorities USA.
Obama will continue his West Coast fundraising drive to further bolster his resources as Republicans continue to burn cash in a heated primary race -- Obama faced that same scenario in 2008 and still managed to raise the most money in presidential election history.
-- Written by Joe Deaux in New York.
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