| Romeny Campaign Reports A Blockbuster June! |
| Jul-09-2012 |
| Keywords: obama, romney, fundraising, june, |
June proves to Mitt Romney's best month for fundraising, easily topping the president who may be feeling a dip in support as the economy continues to struggle.
The presumptive Republican presidential nominee raked in $106.1 million dollars last month. Coincidently the same month the Supreme Court upheld the president's health care reform law. Meanwhile President Obama raised just $71 million.
Romney's June fundraising wipes out the cash advantage the Democratic incumbent was expected to have as he seeks a second term in office.
Romney's campaign said it had $160 million left in cash on hand at the end of last month. At the end of May, Obama's campaign had $109 million left in the bank.
"This month's fundraising is a statement from voters that they want a change of direction in Washington," Spencer Zwick, Romney's finance chief.
The 2012 presidential election is poised to be the most expensive in U.S. history. The president early in the campaign boasting that he's raise a billion dollars from supporters determined to give him another four years in office.
But the support the president enjoyed early on has waned as the economy continues to limp along and college graduates are finding it difficult to find work in an economy with a real unemployment rate of 15%. A survey released today showed 51% of graduates from 2006 through 2011 have found full-time jobs.
"Romney and the Republicans announced yesterday that they brought in more than $100 million in June ... We're still tallying our own numbers, but this means their gap is getting wider, and if it continues at this pace, it could cost us the election," Obama campaign manager Jim Messina wrote in a fundraising email.
Romney's June haul was helped by the U.S. Supreme Court's ruling that upheld Obama's healthcare law - the Romney campaign has said it raised $4.6 million through 47,000 online donations in the 24 hours following the landmark ruling.
The Obama campaign has said it also raised a lot of money after the ruling but has not disclosed its figures. |
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Posted by Lou Dobbs Staff at 6:00 AM Email to a friend |
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