Election 2012 Final Tab: $7 Billion

President Barack Obama raised $738.5 million for his 2012 re-election campaign, almost as much as the record $745 million he brought in four years earlier, according to Federal Election Commission filings made today. ..

The final campaign disclosure reports show Obama as the top fundraiser in what will be the most expensive U.S. presidential campaign, with more than $2 billion spent by the candidates, parties and outside groups including super-political action committees. FEC Chairwoman Ellen Weintraub said the final price tag for the entire 2012 election will total around $7 billion…

Obama, 51, in 2008 was the first candidate to turn down taxpayer money for both his primary and general election campaigns. He did the same in 2012, as did his Republican challenger, Mitt Romney…  (more)

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