Source:
The Washington PostAmerican Crossroads, the massive political action committee that helped propel Republicans into the House majority last fall, is planning to spend $120 million on a 2012 election cycle it is casting as a “David and Goliath” struggle between well-funded Democrats and underfunded Republicans.
The group’s chairman, Mike Duncan, told reporters Friday morning that 2012 would be the most expensive campaign cycle in history. He said that the so-called “super PAC” would go after President Obama early and often, perhaps attacking the incumbent on television before Republicans have settled on their nominee.
“We’re going to have $2 billion spent in the suspension of reality,” Duncan said, suggesting that Obama’s reelection campaign would raise $1 billion while the president’s allies on the left would spend hundreds of millions more.
Duncan said the campaign would be a “David and Goliath” struggle, adding that, although his group is budgeting $120 million for its efforts in the presidential race as well as congressional contests, “we will probably be outspent.”
Read more:
http://www.washingtonpost.com/politics/american-crossroads-casts-2012-as-david-and-goliath-struggle-against-democrats/2011/06/24/AGvqU7iH_story.html
Karl Rove is an adviser to Crossroads too.