- Obama is spending about $25 million on TV ads in May, an amount that was quickly matched by the GOP-leaning super PAC Crossroads GPS, which is advertising against Obama in 10 states. (ABC News)
- The presumptive Republican nominee accused Obama of diminished international leadership and Romney failed to mention the bipartisan nature of the $1. (YAHOO!)
- Mitt Romney used an abandoned 19th century stone arch bridge restored with federal stimulus money to assail President Barack Obama's record on spending, saying he swelled the U.S. debt for wasteful expenditures. (Businessweek)
- WASHINGTON -- President Barack Obamas reelection campaign spent more than $14.6 million in April, ending up with more than $115 million cash on hand, according to a filing it made with the Federal Election Commission on Friday afternoon. (Huffington Post)
- WASHINGTON (AP) -- President Barack Obama and House Speaker John Boehner dug in Wednesday on their already hardened positions on tax increases versus spending cuts as the outlines of another dire debt ceiling showdown emerged. (Yahoo Finance)
- WASHINGTON -- The House passed a defense budget Friday that exceeds the deal cut by Congress and President Barack Obama last summer Authorization Act permits $642 billion in defense spending next year. (Huffington Post)
- WASHINGTON (Reuters) - President Barack Obama told top lawmakers on Wednesday he was ready saying any agreement on deficit reduction needed to include some new revenues as well as spending and program cuts. (Town Hall)
- WASHINGTON (Reuters) - The Republican-led House of Representatives voted on Friday to authorize $642. (CNBC)
- more spending, and higher taxes will work over the next four years when it hasnt worked in the past three and a half years." – Sen. (FOX News)
Friday, May 18, 2012
Obama spending
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