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Money Talks News: Romney vs. Obama—How They Spend Their Money

Romney vs. Obama: How They Spend Their Money

By Renee Morad

As the presidential race heats up, Americans try to assess President Barack Obama and Republican challenger Mitt Romney’s spending priorities over the next four years – on everything from Social Security and health care to taxes, energy, and foreign policy.

We’re tuning in to speeches, debates, news articles, and campaign ads to understand the presidential candidates’ values. But as we consider what these men will do with taxpayer money, perhaps we can learn something from what they do now with their own.

Romney’s net worth is estimated at $250 million; Obama’s is around $11 million. While these figures and their personal spending habits say nothing meaningful about their ability to be an effective president, it’s still interesting to take a glimpse into their material worlds – and perhaps ponder the purchases we’d make, if in their shoes.

Read on to learn about some of Romney’s and Obama’s big purchases over the years.

(AP Photos)

More from Money Talks News:
How Will Your Taxes Change?
The Truth About Jobs: Why Both Sides Are Wrong
How to Contact Your Congress and President

The opinions expressed are solely those of the author and do not necessarily reflect the views of Comcast.

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