US Campaign: The cost of becoming President

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The US Presidential campaign is set to be the most expensive in history.

Both candidates are on their way to raising a billion dollars (over 773 million euros) by the November 6 election.

They have been spending massive amounts on advertising as well as get-out-and-vote efforts by campaigns and outside groups that have no fund-raising limits.

On Thursday Barack Obama voted early in his home state of Chicago, to encourage other democrats to do so.

Final push

After several months lagging behind Obama in fund raising Mitt Romney and his allies overtook their Democratic rivals for the month of October.

Romney’s campaign says it has 169 million dollars left in its campaign coffers while the Obama campaign says it has 123 million – hefty sums for the final push.

Advertising

In a record breaking spending spree both campaigns have devoted the bulk of their cash to blanketing the airwaves with advertising.

In the first three weeks of October the latest tally by the Wesleyan Media Project shows Romney and his Super Political Action Committees (Pacs) spending more on advertising, but Obama and his allies actually running more ads.

While Mitt Romney may hold the cash advantage in recent months, that has been down to fund raising by his party. Obama’s campaign on its own has dwarfed that of the Republican Candidate.

US Republican makes abortion gaff

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The Republican candidate for the US senate in Indiana caused outrage by saying that if a woman is raped it is part of God’s will.

Richard Mourdock, who is a favourite of the conservative Tea Party movement, made the comments during a debate on abortion.

He had been locked in a close battle with Democratic candidate Joe Donnelly but these remarks could amount to political suicide:

“I believe that life begins at conception,” Mourdock said. “The only exception I have, to have an abortion is in that case of the life of the mother. I struggled with it, myself, for a long time, but I came to realise life is a gift from God, and I think even when life begins in that horrible situation of rape that it is something that God intended to happen.”

Republican presidential candidate Mitt Romney, who on Monday launched state-wide ads endorsing Mourdock, immediately distanced himself from the comments.

The Republicans need a net gain of four seats in the elections on November 6 to take control of the US senate.