Romney: Lack of primary cash has limited ad spending

Some Republicans have criticized Mitt Romney for being slow to respond to President Barack Obama's attacks on his record at Bain Capital. But in an interview with the Toledo Blade's Tom Troy, the presumptive GOP nominee, for the first time, acknowledges that primary spending limits has kept him from responding as aggressively as he'd like on television:

Toledo Blade: You may not be aware of this, but there haven't been any Romney ads in the Toledo market, and I wondered whether there was any particular reason for that. I believe they [have] been in Cleveland and Columbus.

Romney: The reason is pretty straightforward. And that is, as you know, we had a long primary and spent most of our primary dollars on the primary. The president had no primary, and so he is able to spend his primary dollars across the country, and there are just many places we can't afford to be running ads. So we are massively outspent by a president that had no primary. And we are able to both shift into general election funds after our conventions, and we will be able to be more competitive, and you'll [be able] to see more of us as that occurs.

Romney's campaign is running ads in other parts of Ohio--including the Cleveland TV market, where every other ad during the 11pm hour on Tuesday night was a political ad.