Rick Perry is the top spender in Iowa.
Bachmann's lack of spending is instructive- I'd be stunned to see her finish higher than sixth now. I would not be shocked yet to see Perry surge, but I just wonder if he's actually damaged or not in Iowa.
Perry Spends Most on Iowa Ads
First Read has the latest ad-spending totals for Iowa:
"Perry $4.4 million, Restore Our Future PAC (pro-Romney) $2.8 million, Ron Paul: $2.3 million, Make Us Great Again PAC (pro-Perry): $1.6 million, Romney $1.1 million, Gingrich $475,000, Citizens for a Working America (pro-Romney) $461,000, Red White and Blue Fund (pro-Santorum) $329,000, Citizens United (pro-Gingrich) $196,000, and Bachmann $166,000 (but hasn't spent since August)."
Bachmann's lack of spending is instructive- I'd be stunned to see her finish higher than sixth now. I would not be shocked yet to see Perry surge, but I just wonder if he's actually damaged or not in Iowa.

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