Boston Herald | Desperation: Romney and His PAC Spent Nearly $33 Million in January

WASHINGTON — Republican presidential hopeful Mitt Romney and a “super PAC” working on his behalf spent more than twice as much as they raised in January, underscoring how persistent challenges by rivals Newt Gingrich and Rick Santorum have taxed the former Massachusetts governor’s financial operation.

In a month when Romney lost two of the four GOP primary contests, his campaign raced through $18.7 million while raising just $6.4 million, according to finance records filed Monday with the Federal Election Commission. Restore Our Future, a super PAC run by his former aides, spent nearly $14 million, more than twice the $6.6 million it raised.

 

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