Obama Campaign going through half of the money it raises

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President Obama’s re-election campaign “is spending about half of what it raises to support a large political infrastructure that includes hundreds of workers and dozens of offices around the country,” the Wall Street Journal reports.

“For now, it gives him at least one leg up on Mitt Romney, his presumptive Republican opponent, who still has far less money to spend despite making recent fundraising gains, according to federal filings released Sunday.”

Peter Schorsch is the President of Extensive Enterprises and is the publisher of some of Florida’s most influential new media websites, including SaintPetersBlog.com, FloridaPolitics.com, ContextFlorida.com, 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.