Chris Cillizza and Aaron Blake @ WaPo:
In the past two months, former Massachusetts governor Mitt Romney and the Republican National Committee have outraised President Obama and the Democratic National Committee by $61 million.
And, while Obama’s campaign has yet to release its cash-on-hand total at the end of July, it’s a near-certainty that Romney’s $26 million edge at the end of June widened in July.
Republican presidential candidate and former Massachusetts Gov. Mitt Romney (C) greets supporters as he arrives at a campaign event with U.S. Senate Candidate Richard Mourdock (L) at Stepto’s Bar B Q Shack on August 4, 2012 in Evansville, Indiana. (Photo by Scott Olson/Getty Images)
Add to those numbers the fact that, as of mid-July, Republican super PACs and other conservative aligned outside groups were outspending their Democratic counterparts by a seven-to-one margin on the TV airwaves in swing states, and you are left with a simple, inescapable conclusion: The President of the United States is likely to be heavily outspent in the final three months of this campaign.
On that point, all political types agree. On how worried Obama and his team are — and should be — about being outspent so heavily, there is considerably more debate.
Guy Saperstein, a major Democratic donor who has been publicly critical of Obama, said he recently played golf with a major Obama donor/bundler and “they will tell you they are worried” about the fundraising disparity in the race’s final stages.
Saperstein added that Obama’s team adding more fundraisers to his schedule — the president was in Connecticut on Monday night to raise money and will spend Wednesday and Thursday in Colorado collecting cash (among other activities) — amounted to evidence of those worries.
(Saperstein did note, however, that he doesn’t believe the race will be determined by which candidate spends the most. More on that below.)
Another Democrat who closely follows the activities of major donors in the party was even more blunt — although he was unwilling to speak on the record about his concerns.
“I would be scared silly if I were them,” the Democrat said of the Obama team. “While they will raise enough in September and October to stay competitive, the psychological and energy drain of having to worry about this will be another burden they don’t need.”