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Obama, Romney campaigns break fundraising record




In this handout from the White House, Former Republican presidential candiate and Massachusetts Gov. Mitt Romney (L) shakes hands with U.S. President Barack Obama in the Oval Office following their lunch November 29, 2012 in Washington, DC . Obama had invited Romney to the White House for the lunch.
In this handout from the White House, Former Republican presidential candiate and Massachusetts Gov. Mitt Romney (L) shakes hands with U.S. President Barack Obama in the Oval Office following their lunch November 29, 2012 in Washington, DC . Obama had invited Romney to the White House for the lunch.
The White House/Getty Images

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According to reports filed late yesterday with the Federal Election Commission, President Obama and Mitt Romney spent $2 billion on their presidential campaigns. It's a record breaking number for a White House bid.