First Read: “In the month of September alone, the Biden campaign spent $153 million on TV and radio ads, while the Trump campaign spent $57 million.”
“Now GOP outside groups — which get less bang for the buck on ad rates than campaigns do — came to Trump’s rescue, narrowing Team Biden’s overall advantage versus Team Trump’s (campaign + outside groups) to $189 million to $127 million.”
“Still, it’s remarkable that an incumbent who began raising money so early and who once had such a significant cash-on-hand advantage over Biden is getting outspent here.”
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