Romney Wins the Campaign Fundraising War — Again

Mitt Romney

Romney Wins the Campaign Fundraising War — Again

Team Obama continues to trail Team Romney in fundraising.

Published August 6, 2012

The final numbers aren't due to be filed with the Federal Election Commission until Aug. 20, but it's looking like Republican Mitt Romney has once again bested President Obama in monthly fundraising. With a haul of more than $101.3 million for July, Romney and the Republican National Committee have topped $100 million for the second consecutive month. Obama's re-election campaign and the Democratic National Committee raised $75 million. Team Romney also outraised Obama in May and June.

“Americans are clearly looking for a change in the White House,” RNC Chairman Reince Priebus said in a statement. “Mitt Romney has a plan that will create jobs, grow the economy, and build a stronger middle class — that is why he is seeing such strong support.”

Romney's campaign said that 94.13 percent of the July donations were $250 or less and 600,627 of the contributions were under $250. According to Romney Victory National Finance chairman Spencer Zwick, Democrats and Independents also helped fill the campaign coffers.

The Obama campaign, which has acknowledged its opponent's fundraising strength, on Monday tweeted, "Every bit helps. 98% of our contributions in July were $250 or less, for an average donation of $53.49."

According to NBC News' First Read, although Romney's campaign and the RNC have collectively outraised Obama and the DNC in the past few months, the president's campaign has raised more money that Romney's. This is important, First Read reports, because there are limitations on coordinated party expenditures and just $21.7 million can be used in the presidential contest.

BET Politics - Your source for the latest news, photos and videos illuminating key issues and personalities in African-American political life, plus commentary from some of our liveliest voices. Click here to subscribe to our newsletter.

(Photo:  Joe Raedle/Getty Images)�

Written by Joyce Jones


Latest in news