Romney Raises More Cash than Obama in June

By Jon E. Dougherty at 10 Jul 2012

(Newsroom America) -- Presumptive Republican presidential nominee Mitt Romney's campaign outraised that of President Barack Obama in June, marking the second straight month the former Massachusetts governor has pulled in more than his incumbent rival.

According to published figures, Romney and the Republican National Committee raised $106.1 million last month - $35 million more than Obama and the Democratic National Committee.

"Our June fundraising is a sign that voters are fed up with President Obama's failure to fix our economy and want a change of direction," RNC Chairman Reince Priebus said.

"President Obama is clearly in over his head, and Americans deserve better," he added.

The Washington Examiner said Republicans were happy not only about the fundraising levels but the kinds of contributions they have been getting. Officials with the RNC said the overwhelming majority of contributions - 94 percent - were $250 and less, meaning that the campaign seems to be connecting with the party's grass roots.

Democrats have hit Romney hard over his support from big-dollar donors, but the latest fundraising figures appear to refute allegations from the DNC and Obama that Romney's campaign cash is mostly coming from deep pockets.

"This month's fundraising is a statement from voters that they want a change of direction in Washington," Romney Victory National Finance Chairman Spencer Zwick said, according to the Examiner. "Voters of all stripes -- Republicans, independents and Democrats -- have made it clear that President Obama has not lived up to the promises of his last campaign."

That said, a number of Super PACs friendly to Romney have spent, or are planning to spend, tens of millions on campaign ads hitting Obama on everything from the latest jobs report, in which unemployment remained unchanged at 8.2 percent, to his signature health care reform law that was upheld as constitutional last month by the U.S. Supreme Court.

That kind of financial onslaught appears to be taking its toll on Obama's reelection bid.

Last week the Obama campaign made an urgent appeal for cash from donors. The email, from Obama campaign manager Jim Messina, suggested if donations did not increase, Romney's campaign could outspend the Democrats dramatically.

"If we don't take this seriously now, we risk finding ourselves at a point where there is too much ground to make up," Messina told donors.

The site OpenSecrets.org, which tracks campaign spending, said more than $204 million had been raised by Super PACs this election cycle, with more than $139.5 million being spent thus far.

According to a spending chart on the group's site, more Super PAC spending has either gone "against Republicans ($76 million) and "for Democrats" ($6 million) than "for Republicans" ($46.1 million) or "against Democrats" ($11.4 million).

© 2012 Newsroom America.

Newsroom America Twitter Feed

Categories:
Tags:

[D] [Digg] [FB] [R] [SU] [Tweet] [G]

NEWSMAIL