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Obama: I Will Be First President To Be ‘Outspent’ In Re-Election Campaign

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President Barack Obama speaks during a campaign event at a school in Durham, N.H., on June 25, 2012. (credit: JEWEL SAMAD/AFP/GettyImages)

President Barack Obama speaks during a campaign event at a school in Durham, N.H., on June 25, 2012. (credit: JEWEL SAMAD/AFP/GettyImages)

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WASHINGTON (CBSDC) — President Obama’s re-election campaign is worried the commander-in-chief could be “outspent” by Mitt Romney.

In an email to potential donors titled, “I will be outspent,” the campaign portrays itself as an underdog to Romney’s fundraising.

“I will be the first president in modern history to be outspent in his re-election campaign, if things continue as they have so far,” the campaign email says.

The Obama campaign is blaming “super PACs and anonymous outside groups” for Romney being able to outraise the president.

“The Romney campaign raises more than we do, and the math isn’t hard to understand: Through the primaries, we raised almost three-quarters of our money from donors giving less than $1,000, while Mitt Romney’s campaign raised more than three-quarters of its money from individuals giving $1,000 or more.”

The campaign later added: “We can be outspent and still win — but we can’t be outspent 10 to 1 and still win.”

The campaign is looking for donors to shell out $3 or more to help the president’s re-election bid.

Last month, Romney and Republicans outraised Obama and the Democrats for the first time, $76 million to $60 million.

Obama is in Atlanta Tuesday for a fundraiser.

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