Within just one day of Romney's Vice President announcement, he has managed to raise over $3.5 million with Rep. Ryan Paul on his presidential ticket in just 24 hours.
Add that to the $101 million he raised in the month of July (passing Obama by a good $25 million), and you've got what looks to be the most expensive election in history.
Democrats have been doing their own fundraising, using Romney's pick of Rep. Paul Ryan to rake in the campaign cash. The Hill reports:
House Democrats waited about an hour after the presumptive GOP nominee officially chose Ryan to fire off a fundraising email, and quickly followed that up by sending releases to dozens of House Republican districts.
In one such email, the executive director of the Democratic Congressional Campaign Committee, Robby Mook, called Paul Ryan “the architect of the Republican plan to kill Medicare.”
And where is all this money going? TV ad buys have been the largest expenditure of this presidential campaign, with a total of $269.9 million spent on TV ads thus far, according to the Washington Post. And if you're just tuning in now, almost three-quarters of those ads have been blatantly negative.