Nearly half of all presidential political ads paid for by outside groups

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Outside groups have accounted for almost half of all ad spending during this presidential general election, First Read reports.

Groups supporting the presidential candidates but not affiliated with the campaign, including Super PACs, have spent $267 million of the $605.7 million spent on television and radio ads… That means about 44 cents of every dollar spent on ads this election has come from outside groups.

There’s a big difference between who they’re supporting. Three-quarters of all money spent by outside groups — $212 million — has gone to support Republican presidential nominee Mitt Romney.

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including,,, and Sunburn, the morning read of what’s hot in Florida politics. SaintPetersBlog has for three years running been ranked by the Washington Post as the best state-based blog in Florida. In addition to his publishing efforts, Peter is a political consultant to several of the state’s largest governmental affairs and public relations firms. Peter lives in St. Petersburg with his wife, Michelle, and their daughter, Ella.