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tonight, the billion dollar presidential election. so far, $35 million have been spent in only four states on the republican side and 85% of the money that gingrich and romney's super pacs have spent has been on negative ads. >> ronald reagan fight reagan. >> gingrich exaggerates dropping reagan's name 50 time, but in his diary, reagan mentioned gingrich only once. >> there are a lot of reasons not to elect me. >> all right. 35 million super pac damage so far is just a scratch compared to the gash this will inflict on candidates before november. american cross roads and priorities u....

as a matter of fact, we're looking at more than $450 million. a lawyer joins us tonight. let's go "outfront." good evening, everyone. happy friday, everyone. i'm erin burnett. the million dollar election so far. $35 million have been spent in only four states on the republican side. and 85% of the money that gingrich and romney's super pacs has spent have been on negative acts. >> gingrich exaggerating, dropping reagan's name 50 times. but reagan mentions gingrich only once. >> there are a lot of reasons not to elect me. >> all right. but $35 million super pac damage so far is just a...

especially on jobs. >> governor romney enjoys firing people. i enjoy creating jobs. >> keeping them honest, governor huntsman stretched that one a little out of context. here's governor romney's original remark. >> i like being able to fire people who provide services to me. if i don't like the service, i'm going to get someone else to bring service to me. >> that came after a long argument of the health care reform law. it wasn't about the virtues of eliminating jobs. >> i was talking about insurance companies. we like to be able to get rid of insurance companies that don't give us ...

and hey makers at mitt romney. the latest poll still shows him as the favorite but his lead over ron paul is slipping and the others have been going after him. they've been using his own words and record against him, especially on jobs. >> governor romney enjoys firing people. i enjoy creating jobs. >> keeping it honest, governor huntsman stretched that one a little out of context. here's that original mark. >> i like being able to fire people that provide services to me. if someone doesn't give me the good services i need, i want to say, i will get somebody else to provide that serv...

they've got, fairly or not. they've been using his own words and his own records against him, especially on jobs. >> governor romney enjoys firing people. i enjoy creating jobs. >> keeping them honest, governor huntsman stretched that one a little out of context. here's governor romney's original remark. >> i like being able to fire people who provide services to me. if i don't like the service, i'm going to get someone else to bring service to me. >> that came after a long argument of the health care reform law. it wasn't about the virtues of eliminating jobs. >> i was talking about...