Despite record fundraising month, Priorities USA strategist Bill Burton says Democrats 'starting to wake up' to 'threat' of being outspent in election

On "Starting Point with Soledad O'Brien," Priorities USA Action senior strategist Bill Burton discusses how Republicans have raised more money than Democrats and what that means for President Barack Obama’s re-election chances.

“More money means that they have a lot more cash to spend in these targeted states, but keep in mind that, even though Republicans are going to out-raise Democrats, they need a lot more money,” Burtson says. “Having an impact on what voters think on someone like President Obama, who’s lived in their living rooms for the last six years basically on their TVs, costs a lot of money whereas for Mitt Romney he’s really a blank slate.”

The pro-Obama superPAC Priorities USA has raised $35 million compared to pro-Romney superPACs, which have raised more than $100 million.

“I think Democrats are really starting to wake up and see that there’s a real threat from Karl Rove, from the Koch brothers, and from people who are going to spend hundreds of millions of dollars to try to have a huge impact on this election to drive a very right-wing ideology,” Burton says.