Money Trouble For Romney Campaign?

Mitt Romney’s presidential campaign may be facing money trouble thanks to stronger-than-expected challenges from his Republican rivals.

While Romney has outraised the rest of the Republican field, he has been forced to spend millions on negative ads. States like New Hampshire and Florida were once considered slam dunks for Romney, but thanks to the fluid anti-Romney vote, the candidate has had to spend precious dollars.

Romney is now being forced to spend even more money in Michigan, the state where his father served as governor. Recent polls show Rick Santorum quickly closing the gap on the so-called frontrunner.

As he did in 2008, the Massachusetts millionaire may have to tap his vast $250 million fortune to finance his campaign.

Romney’s campaign has relied on rich donors, and has a much smaller base of low-dollar donors than President Obama’s campaign.

VIA Washington Post