Huge Advertising Bills For Super Tuesday
The Presidential candidates are putting their money where their mouths are (literally) by putting money back into the economy with some outrageous advertising fees being paid for Super Tuesday. Chalk one up for the corporate medias wallet. The Democrats are spending tons more than the Republicans and most of it in the pricey California Market. Obama gets the title of the big spender as he is spending more than his democratic rival Hillary Clinton. If he manages to get in office, hopefully he will not retain that title.
Twenty-four states are on the line on Super Tuesday, set up to be a do or die day for many candidates hoping to create an image of invincibility. To help with that image-making, several candidates will shell out a record $20 million on ad blitzes across the country in the run-up to Feb. 5.
The large bulk of that sum — 90 percent — will be spent by Democrats.
The biggest spender is Barack Obama. He is taking out ads that will run during the Super Bowl in about two dozen states. That’s on top of the $4 million in advertising Obama spent in the final week of January — the bulk of it in California.
Through Super Tuesday, the Illinois Democratic senator is expected to spend roughly $11 million nationwide. The second biggest ad buyer heading into Super Tuesday is Hillary Clinton. In the final week of January, she spent $3.5 million, also mainly targeting California, with another $8 million going to ads hitting on the themes of economic instability and her experience.
The Republicans are spending a lot less, with Mitt Romney leading the GOP spenders. His campaign has yet another infusion of cash loaned from his personal fortune - giving himself about $35 million to date. But Romney is expected to spend only about $2 million to $3 million on Super Tuesday costs.
Source: Fox News
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