Spending by campaigns, parties, super PACs and other outside groups in this presidential campaign will likely approach $2 billion by November by both parties combined.
Earlier this week, two people familiar Romney's fundraising efforts said his campaign and the Republican Party raised at least $100 million in August, hitting that figure for the third consecutive month. They spoke on condition of anonymity because they were not authorized to share internal campaign matters; the campaign says it will release its official numbers next week.
Romney and the GOP raised a combined $101 million in July, $106 million in June and $76.8 million in May. For their part, Obama and the Democrats pulled in $75 million last month, and $71 million in June and $60 million in May.
PACs like American Crossroads and Restore Our Future — buoyed with the support of wealthy donors — have spent tens of millions of dollars on TV ads critical of Obama in key states, and the groups expect to spend much more as November approaches. Another pro-Obama super PAC, American Bridge 21st Century, has raised millions of dollars, but it instead focuses much of its efforts on so-called opposition research critical of the GOP.
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