By

Scott Conroy /

CBS News/ September 17, 2012, 7:25 AM

Will ad fatigue mute GOP's late barrage?

Republican presidential candidate, former Massachusetts Gov. Mitt Romney makes comments on the killing of U.S. embassy officials in Benghazi, Libya, while speaking in Jacksonville, Fla., Wednesday, Sept. 12, 2012.

Republican presidential candidate, former Massachusetts Gov. Mitt Romney makes comments on the killing of U.S. embassy officials in Benghazi, Libya, while speaking in Jacksonville, Fla., Wednesday, Sept. 12, 2012. / AP Photo/Charles Dharapak

This article originally appeared on RealClearPolitics.

(CBS News) Republicans' expected financial advantage in the presidential campaign's final weeks may not pay the dividends they had once hoped for.

Throughout the spring and early-summer months, Mitt Romney bided his time as President Obama's re-election team poured its resources into a series of early advertising blitzes intended to define their opponent as a hard-hearted opportunist.

As the former Massachusetts governor worked to replenish his own coffers after a draining primary fight, his campaign pointed to evidence that Obama's assault on Romney's business background was not moving the needle, and GOP strategists conveyed private assurances to donors that the tide would turn once the financial playing field leveled off in the fall.

"Over 75 percent of the advertising the Obama campaign has run has been negative, anti-Romney ads, with at least 14 separate negative ads," the Romney campaign noted in a publicly issued July 8 memo. ". . . Yet, despite all of the negative advertising from the Obama campaign, polling numbers are exactly where they were before they started this onslaught."

That may have been true then, but there is now general agreement on both sides that the early Obama push was effective in negatively defining Romney.

Less certain is whether the post-Labor Day fundraising sprint, when the Romney camp's prudence in conserving its resources earlier was supposed to pay off, will reap similar rewards for the Republican.

It apparently hasn't done so, though not because of any slide in Romney's vaunted fundraising prowess.

On the contrary, his campaign and aligned Republican committees raised an impressive $111.6 million in August, and Romney fundraising officials told major donors at the party convention in Tampa last month that they expected an even bigger haul in September, according to a GOP source.

But the Obama campaign and Democratic committees upped the ante last month by narrowly outraising their counterparts for the first time since April and have enjoyed an overall advantage in the race thus far of more than $100 million, according to a recent Reuters analysis that did not include money raised by outside groups.

When super PACs and other advocacy groups are factored into the equation, Romney and his allies are still expected to have a significant financial edge in the final seven weeks of the campaign, the first one since the Watergate era is which both candidates declined public financing, thus enabling the spending binge.

But with so much money targeting relatively few voters in key swing states, there is growing concern among Republicans that the advantage Romney is expected to have when those voters historically tune into the race may not be so significant after all. In other words, will the undecided simply tune out the increasingly inescapable noise from the late campaign ad barrage?

"We're sort of in uncharted territory here," a senior Romney adviser said. "Regardless of a point of diminishing returns, we're not going to be outspent by an incumbent president, and I think that's important. At what point it becomes a tipping point, I don't know, but we're not going to be outspent like John McCain was, three to one, in 2008."


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    Scott Conroy is a National Political Reporter for RealClearPolitics and a contributor for CBS News.

9 Comments Add a Comment
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widollar says:
Mitt Romney has changed positions far too many times and now once again "the sinking sailboat" is tacking in a new direction. You don't win races with this failed strategy! Obama for President!
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bigmanfrommaine says:
Romney wants everybody to get rich, just like your friendly Multi-Level Marketer!
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nancy_naive says:
I live in a battleground State, Virginia, and after 40 years of voting GOP straight-tickets, I've decided that Mitt is just too slimey to get my vote.

The guy is an empty suit.

When I hear him say, "Good morning," I check my watch. Not to see what time it is, but to make sure he didn't steal it.
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TJphoto says:
GOP strategists conveyed private assurances to donors that the tide would turn once the financial playing field leveled off in the fall.................I assume that means Republican money and not a level playing field for all Americans.....DUH!
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marcie10000 says:
Every Romney ad I've seen has been a bald-faced lie. Perhaps Romney's ads should be specific about his policies and explain why he can't show his 1999 - 2009 tax returns.
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WHAT-IS-HE-SMOKING replies:
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It was NOT JUST FOR HIM! You have got to learn to read loserville223:
By the authority vested in me as President by the Constitution and the
laws of the United States of America, and in order to establish policies
and procedures governing the assertion of executive privilege by incumbent
and former Presidents in connection with the release of Presidential records
by the National Archives and Records Administration (NARA) pursuant
to the Presidential Records Act of 1978, it is hereby ordered as follows
Former_Marine_Sgt replies:
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"Hey marcie why don't you ask Obama about his FIRST EXECUTIVE ORDER 13489 banning the release of his record without his permission?

What does he have to hide? Did you know that a person who threatened to release Obama's foreign travel records was found dead, murdered and his murder is still unsolved back in 2009?"
----------------------------

wow. talk about paranoid conspiracy theories.

And people wonder why Romney's not ahead in the polls...
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mikesfilms says:
Romney/Ryan's plan: cancel your Medicare, reduce your Social Security check, no more COLAs, eliminate the EPA, the SEC, the Department of Education, the banking commission, food stamps, Medicaid, Student Aid, the Post Office, Health Care and dozens others; lay off police, firemen, teachers, park rangers, using the savings to lower the Deficits and pay off the Debt? Hell no! To lower the rich tax! They'll shaft the nation to create more millionaires. Just read the Ryan Budget.
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