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Getbig Main Boards => Politics and Political Issues Board => Topic started by: Dos Equis on June 08, 2012, 07:06:27 PM
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Nearly $17 million more than Obama. No wonder the president is doing so much pandering.
http://www.nytimes.com/2012/06/08/us/politics/romney-campaign-raised-more-than-obamas-in-may.html
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Landslide coming.
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first month he beat obama in fundraising. bravo.
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lol. May is the first month Romney became the presumptive nominee.
It's going to be a rough five months for you Obama knee padders.
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Nearly $17 million more than Obama. No wonder the president is doing so much pandering.
http://www.nytimes.com/2012/06/08/us/politics/romney-campaign-raised-more-than-obamas-in-may.html
He's still got a lot of catchup to do.
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He's still got a lot of catchup to do.
LMFAO.
Vince at the gaybama is going he will be lucky to win Cali mass and NY.
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LMFAO.
Vince at the gaybama is going he will be lucky to win Cali mass and NY.
He still has an 80 million dollar deficit between Obama and that's not counting the Democrat SuperPacs. Romney's funds include him and the RNC.
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bottom line?
romney needed a HUGE money advantage to beat poor candidates like newt and santorum.
The money will be pretty comparable with Obama. He can't OUTSPEND him by a 2:1 ratio, much less something bigger.
He can't win by underachieving.
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He still has an 80 million dollar deficit between Obama and that's not counting the Democrat SuperPacs. Romney's funds include him and the RNC.
He definitely has a long way to go, but he doesn't need to match Obama dollar for dollar.
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And for more good news for Obama:
Obama campaign says it will be out-raised in June
Washington (CNN) - The big bucks being raised by Mitt Romney and the pro-Republican independent groups aiding his bid for the White House are a major concern, say top members of President Barack Obama's re-election team.
And one of the officials says he expects Romney's GOP presidential campaign to bring in $100 million in June, out-raising the Obama campaign for a second straight month.
"I think he's going to have a $100 million month this month, between him and the [Republican National Committee]," said the official, who, along with other top members of the re-election team, spoke to reporters on background Wednesday. "I think Romney's going to continue to have big months. Combine that with the super PAC stuff and we're going to be the first incumbent outspent. That's clear."
Romney and the RNC out-raised the president and the Democratic National Committee by more than $16 million last month. And independent pro-Republican groups such as Crossroads (co-founded by Karl Rove), Americans for Prosperity (funded by the Koch brothers), and Restore Our Future (the super PAC dedicated to electing Romney president), have outraised and outspent the pro-Democratic groups that support the president's re-election.
Obama campaign officials predict a total of $1.225 billion will be raised by Romney's campaign, the RNC, and pro-Romney independent groups. And that worries top re-election officials.
"The two things that concern me about this race are externalities that we can't control. One is super PAC spending," says one of the officials. "The fact that Romney and his assorted super PACs are spending $20 million in 10 days in the last couple weeks in June is a harbinger of what's to come."
"It's a source of concern and there's no point in being cute about it," added the official. "We're having to use our money to respond to super PAC attacks and that puts us at a disadvantage that Gov. Romney doesn't have in this race."
The officials also highlighted that much of the money raised on the Republican side goes to independent groups that legally don't have to disclose their donors.
"Three quarters of the money that's being deployed right now is undisclosed money. You have no idea who's writing those checks," said the official. "What is it that they're trying to hide from the American people?"
While super PACs report to the Federal Election Commission and are required by law to publicly reveal their donors, groups such as Crossroads GPS, which has gone up with tens of millions of dollars of anti-Obama ads in key battleground states, report to the IRS and are set up as non-profit 501(c)(4) organizations do not have to reveal their contributors.
On Tuesday, Obama's re-election campaign filed a complaint claiming Crossroads GPS is in violation of election law by not disclosing its donors. In a letter to the Federal Election Commission, a lawyer for Obama's campaign argued that Crossroads GPS is a political committee–not a charitable organization–and therefore should meet disclosure requirements.
"We're going to push through in the courts, if necessary, to get exposure," said the official, discussing their legal push. "We are going to try and make clear where this money is coming from, what the motivation of those donors are who are writing the checks."
Responding to the complaint, Crossroads spokesman Jonathan Collegio described it as a "goofy sideshow" and pointed to a group supportive of the president.
"Folks would do well to consider this a goofy sideshow until Obama sends the same letter to Priorities USA - the group modeled after Crossroads but which supports the president. Obama doesn't care about the campaign laws; he only cares about silencing conservative groups that are holding him accountable for his failed record," Collegio said.
Priorities USA, the pro-Obama group, is also a 501(c)(4) non-profit group that is not required to disclose its donors. Similarly, it's connected to a super PAC, Priorities USA Action, to which the Obama campaign has urged donors to contribute.
Regardless of their concerns, the re-election team is confident they can overcome their expected disadvantage on campaign cash.
"I think we have certain advantages that will allow us to overcome that. The president is a well known person in this country, he's got a big following. We've got a big organization. While we don't have $10 million donors, we do have millions of donors who are giving an average of $51 a piece, and will chip away at it," said one official.
"I think we'll have the resources to do what we think we need to do to win this election," added another official.
http://politicalticker.blogs.cnn.com/2012/06/20/massive-money-being-raised-by-republican-side-worries-top-obama-campaign-officials-2/
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Obama has to be worried about this. If Romney keeps this up he'll be able spend with Obama dollar for dollar.
Romney set for biggest fund-raising day yet
Posted by
CNN Political Producer Rachel Streitfeld
Orlando (CNN) - Mitt Romney was expected to raise the largest amount of any single day in his campaign Wednesday with a pair of fund-raisers in his home state of Michigan, Campaign Finance Co-Chair John Rakolta said.
"Tonight, and today, we will exceed every single event that has been held for Gov. Romney from the beginning of the campaign," Rakolta said at the beginning of a fund-raiser in Troy, Michigan. "So we have set a new record tonight in terms of fundraising. Only probably to be beat later this summer, so I'll come back and see you again in the fall."
– Follow the Ticker on Twitter: @PoliticalTicker
The events in Grand Rapids and Troy were expected to raise between $6 and $8 million, Romney Campaign Finance Chairman Spencer Zwick told a pool reporter.
Romney thanked the crowd in Troy, saying the group recognized the importance of the upcoming election.
"It's hard to write a check to a politician, it's harder to get a friend to do it," Romney said. "You guys have done that, thank you. And to each person who is here this evening, you have helped us break records, and that's not just important from the standpoint of breaking records, it's important because we recognize what's at stake. I realize this is not about me. You're not giving a check to me, you're not giving a check to the Republican Party. You're concerned about America. This is about our country."
The most recent campaign finance reports showed Romney had substantially out-raised President Barack Obama's campaign in May. Obama raised $15 million at one star-studded event hosted by George Clooney earlier this cycle.
Romney capped off a five-day, six-state bus tour Tuesday in Michigan, where he reminisced about growing up in the Wolverine state.
"I grew up in Michigan, as you know, born and raised here, and if I'm lucky enough to become president I'll be the first president in American history to be born in Michigan," Romney told supporters in Frankenmuth Tuesday.
At his Wednesday evening fund-raiser, a group of roughly 150 protesters marched and chanted pro-Obama slogans outside his event.
http://politicalticker.blogs.cnn.com/2012/06/20/romney-set-for-biggest-fund-raising-day-yet/
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RNC raised $34 million in May, DNC raised $20 million
Posted by
CNN Political Unit
(CNN) – The Republican National Committee brought in $34 million last month, marking the best May in the RNC's history, according to an official with the group.
In total, the RNC has raised $81.3 million in 2012. The group said Wednesday they surpassed their entire 2011 fund-raising figure in mid-June.
Wednesday's numbers represent a spike for the group, which began a joint fund-raising effort with Mitt Romney in April when it became clear the former Massachusetts governor would become the presumptive GOP nominee. Filings with the Federal Election Commission indicate the Romney Victory fund transferred nearly $26 million to the RNC in May.
The Democratic National Committee brought in almost $20 million in May, according to their FEC report. That included more than $13 million that was transferred from the Obama Victory fund.
In total, Romney for President, Romney Victory, and the Republican National Committee brought in just under $77 million in May, according to Romney’s campaign, topping their Democratic rivals by more than $10 million.
When added together, President Barack Obama's re-election campaign, along with the Obama Victory Fund, reported raising $63.6 million last month. The money is divided between the re-election campaign, the Democratic National Committee and affiliated Democratic state parties.
The RNC said Wednesday they had $60.8 cash on hand, compared to just under $30 million in the bank for the DNC.
http://politicalticker.blogs.cnn.com/2012/06/20/rnc-raised-34-million-in-may-democrats-raise-20-million/
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Republicans outraise Democrats among gubernatorial committees
Posted by
CNN Political Unit
(CNN) - The Republican Governors Association raised $16.7 million in the second quarter of the year, outraising their Democratic counterparts by over $3 million, the groups said on Monday.
The Democratic Governors Association said it brought in $13 million in the second quarter, which includes April, May, and June.
In the first and second quarters of this year combined, the RGA raised $29 million and the DGA brought in $21 million.
The past quarter included a recall election in Wisconsin which received national attention and spending from both the RGA and DGA.
Neither group reported their cash on hand number, or how much is in their war chest heading towards the fall elections.
Voters will cast ballots this year for governors in eleven states, including three tossups and four trending towards each Republicans and Democrats, according to the non-partisan Cook Political Report ratings.
http://politicalticker.blogs.cnn.com/2012/07/02/republicans-outraise-democrats-among-gubernatorial-committees/
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100 Million Dollar Man: Romney Sets Fundraising Record
ABC News ^
Posted on Thursday, July 05, 2012
Mitt Romney reportedly raised more than $100 million in June, the best fundraising month of his campaign so far.
Politico's Mike Allen first reported the total, which includes contributions to both Romney's campaign and the Romney Victory Fund—a joint account between the Romney campaign and the Republican National Committee. A Romney spokeswoman did not immediately respond to a request for comment.
That's two record-breaking months in a row for the Romney team. In May, the presumptive Republican nominee raised nearly $77 million—almost $17 million more than President Barack Obama's re-election campaign. The Obama campaign has not yet announced its June totals.
(Excerpt) Read more at abcnews.go.com ...
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At least this time I will paid for my work on the election fraud efforts. I was paid when I did it for W, McCain had no money, but I did it anyway since i had to do whatever I could to try to avoid the obamapocolpyse.
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he should celebrate by going jet skiing and riding bitch.
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he should celebrate by going jet skiing and riding bitch.
He needs to get off that damn thing asap. He needs to be in the streets taking it to the Obamunist like a scrappy street fighter.
But Myth is a pussy and wont do that.
If Myth wanted some street cred he should wait till Thugbama comes to NYC for his next 40k per plate fundraiser w SJP and DeNiro and give a counter rally for jobs in Brooklyn or Queens or the Bronx or Staten Italy, somewhere Thugbama would never step foot in.
He could say - while Obama is hanging out w the girls and collecting 40k a head from Hollywood gays and Hedge Funders - he is in the streets for jobs.
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Panic.
Obama Campaign Raises $71 Million In June But Lags Behind Romney Camp
The Huffington Post | By Luke Johnson
Posted: 07/09/2012 11:01 am Updated: 07/09/2012 1:56 pm
The campaign to reelect President Barack Obama announced on Monday that it had raised $35 million less than the Mitt Romney campaign in June and has cited that gap in an email to supporters as a vehicle to request more donations. The campaign said it had raised $71 million in June -- its best monthly total to date -- to Romney's $106 million.
The figure includes money raised by the Democratic Party. The campaign said that more 706,000 people donated.
Here's the text of the full email, titled "Good News and Bad News."
The good news: June was our best fundraising month of the campaign so far, exceeding all of our expectations. More than 706,000 people supported our organization last month. All told, our campaign, along with the Democratic Party ended June with $71 million to put to work.
The bad news: We still got beat. Romney announced today that his campaign, combined with the GOP, brought in more than $106 million. We're behind again -- and the gap is getting wider.
The fate of this election could be decided before voting even starts.
We have momentum, excitement on the ground, and more grassroots donors and volunteers than any campaign in history. But our opponent has an unprecedented money-for-influence machine geared towards funneling big contributions to his campaign, the Republican Party, and a network of super PACs and anonymous front groups.
There's too much at stake right now to fall behind. Think about what a Romney presidency would mean for the things we've fought for -- like Obamacare, which he says he'll "kill" on Day One. Like the kind of economy we believe in, where everyone gets a fair shake and plays by the same rules.
Each of us has to do our part to close this fundraising gap -- can you step today?
https://donate.barackobama.com/June-Numbers
Thanks,
Ann Marie
Ann Marie Habershaw
Chief Operating Officer
Obama for America
http://www.huffingtonpost.com/2012/07/09/obama-campaign-june_n_1658995.html
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Pro-Obama super PAC out-raised by pro-Romney group in June
Posted by
CNN's Gregory Wallace
(CNN) - Priorities USA Action, the primary super PAC supporting the reelection of President Barack Obama, brought in $6 million in June and was easily outraised by the primary super PAC supporting GOP candidate Mitt Romney.
Priorities $6.1 haul brought their cash on hand to $10.6 million at the end of June, according to a Federal Election Commission report filed Friday evening.
The group spent almost $7.9 million in June, including $4 million on Spanish-language ads in which aired in Colorado, Nevada and Florida.
Restore Our Future, the pro-Romney group, raised $20.7 million in June and ended the month with $21.6 million in the bank. Their total was boosted in part by two $5 million contributions.
Actor Morgan Freeman contributed $1 million in June to the super PAC, and said in a Friday statement that Obama had "done a remarkable job in historically difficult circumstances."
Priorities largest contribution that month was a $2 million from California billionaire Irwin Jacobs, according to the FEC report.
The group has aired television ads critical of Romney's business experience. Their spots have aired in the battlegrounds of Colorado, Florida, Ohio, Pennsylvania, Virginia, according to CNN political ad consultant the Campaign Media Analysis Group.
Priorities reported debt just shy of $39,000.
http://politicalticker.blogs.cnn.com/2012/07/21/pro-obama-super-pac-out-raised-by-pro-romney-group-in-june/
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Romney raises more than $1 million in Jerusalem
Posted by
CNN's Kevin Liptak
(CNN) – Mitt Romney's final stop in Israel – a fund-raising breakfast at a historic hotel in central Jerusalem Monday – was a chance for the presumptive Republican nominee to describe in personal detail the impact of his trip to the country.
It was also an opportunity to bring in more than $1 million to his campaign coffers, and make inroads with a few of the Republican Party's biggest donors, including the Las Vegas casino magnate Sheldon Adelson, who sat directly to Romney's left at the breakfast.
Speaking about his two day stay in Jerusalem, Romney said he was again impacted by the city's profound spiritual significance.
"I am overwhelmingly impressed with the hand of providence, whenever it chooses to apply itself, and also the greatness of the human spirit, and how individuals who reach for greatness and have purpose above themselves are able to build and accomplish things that could only be done by a species created in the image of God," Romney told the group.
Joining Romney at the King David Hotel was his wife Ann, who also accompanied him Sunday for a trip to Jerusalem's Western Wall, and his son Josh. Both Romney's wife and son spoke to the donors, which included Adelson and his wife Miriam, and Woody Johnson, the owner of the New York Jets.
Adelson was a major backer of Newt Gingrich during the GOP primary, donating tens of millions to the super PAC supporting the former House speaker. In June he made a major donation to the super PAC supporting Romney, and a source with knowledge of his plans said he could donate as much as $100 million to GOP causes this election cycle.
Adelson – whose wife Miriam is an Israel-born physician – is also a major backer of Birthright, which helps finance trips to the country for Jewish young people.
At Monday's fund-raiser, Romney drew a connection between Israel and America, saying both were successful countries that others were trying to harm.
"We face some real challenges, nonetheless, and perhaps in part because of the great success of these places, this home of yours, my home of America, that some are troubled by our success and seek to bring us down," Romney said.
The candidate compared Israel's GDP with other Middle Eastern countries, saying higher personal wealth among citizens was an indication that Israel was accomplishing something its neighbors were not.
"As you come here and you see the GDP per capita, for instance, in Israel which is about $21,000 dollars, and compare that with the GDP per capita just across the areas managed by the Palestinian authority, which is more like $10,000 per capita, you notice such a dramatically stark difference in economic vitality," Romney said.
Figures on the United Nations' website actually indicate a much greater disparity between Israel and the occupied Palestinian territory. Israel had a per capita GDP of $27,060 in 2009, while the 2009 per capita GDP of the occupied Palestinian territory was listed as $1,367.
Citing the book "The Wealth and Poverty of Nations," Romney detailed his interpretation of author David Landes' thesis.
"He says if you can learn anything from the economic history of the world, it's this: culture makes all the difference. Culture makes all the difference. And as I come here and I look out over this city and consider the accomplishments of the people of this nation, I recognize the power of at least culture and a few other things."
Ann Romney, speaking about her son's first trip to Israel, said it was impossible not to be "touched" when visiting Jerusalem's holy sites.
"I think your heart would have to be made of stone not to feel what is still here, with the molecules of the stones, and everything, still testifies of something that was so extraordinary that happened in this place," Ann Romney said.
Monday's fund-raiser was the final stop in Jerusalem, which also included meetings with Israeli leaders and a speech. The candidate's final stop on his week-long foreign tour is Poland.
http://politicalticker.blogs.cnn.com/2012/07/30/romney-raises-more-than-1-million-in-jerusalem/
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The actual #'s seem a bit fuzzy but according to this Politfact posting from July 20th Obama is in a better cash position than Romney and with more direct control over the funds
I don't think it matters as much because Romney is running such a pathetic camppaign that I think his money is not of much use at it appears it should be.
Romney is a uninspiring and truly dishonest person who is not willing to take a definitive position on any topic with the one exception of abortion. He's not going to win over anyone and probably just turn off more people as the campaign continues. When he goes directly against Obama in the debates he's going to look even worse.
http://www.politifact.com/truth-o-meter/article/2012/jul/20/will-barack-obama-be-outraised-mitt-romney/
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I love it when overseas $ makes its way into the political coffers of american leaders.
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I love it when overseas $ makes its way into the political coffers of american leaders.
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I'm sensing a pattern here . . . .
Romney trounces Obama in fundraising for 3rd month
By Julie Paceken Thomas on August 06, 2012
STAMFORD, Conn. (AP) — Can President Barack Obama raise the money he needs to hold onto the White House?
Money wasn't supposed to be a worry for the president's campaign, which smashed fundraising records in 2008. But Mitt Romney's team has hauled in more than Obama and his allies for a third straight month, raising the once-unthinkable question.
While the race for voter support is tight, according to polls, Romney's robust fundraising and a crush of money from Republican-leaning political action committees have forced the president's campaign to spend heavily through the summer.
Highlighting the challenge for Obama, Romney on Monday reported a July fundraising haul of more than $101 million along with the Republican National Committee, compared to the $75 million that Obama's campaign said it had brought in along with the Democratic National Committee.
During a fundraiser in Stamford, Conn., Obama said Romney's tax proposal would benefit the wealthy at the expense of many middle-class families. "It's like Robin Hood in reverse," he said. "It's Romney Hood." Romney campaign spokesman Ryan Williams countered that Obama was the only "candidate in this race who's going to raise taxes on the American people."
The president also warned that his campaign faced a deluge of Republican money.
"Over the course of the next three months, the other side is going to spend more money than we have ever seen on ads that basically say the same thing you've been hearing for the past three months," Obama said, then summarized their argument as "the economy is not where it needs to be and it's Obama's fault."
Before Romney's summer surge, Obama had not been outraised by an opponent since 2007.
In an email to supporters after the July numbers were announced, the Obama campaign said, "If we don't step it up, we're in trouble."
A huge spending advantage in the final months of a close election can help a campaign as it seeks to sway undecided voters.
Obama officials say they expected Romney to outraise the president through the summer and have made contingency plans if the disparity continues. Part of that planning has involved heavy spending on ads through the spring and summer in an attempt to define Romney for voters before he has access to most of his general election funds.
With the election still three months away, Obama and the DNC have spent more than $370 million since January of last year. In June, the campaign spent more than it brought in.
Seeking to keep its coffers full, the campaign has special plans for some donors who live in reliably Democratic states where the president may not visit in the midst of the campaign. They'll get a chance to fly elsewhere in the country to meet him at an event. The campaign has also been raffling off chances for smaller donors to attend meals with the president or attend events with celebrities such as actor George Clooney.
Obama has been spending big chunks of time making his own pleas. He raised money Monday in Connecticut at two events with Hollywood connections.
One fundraiser was at the Westport, Conn., home of film mogul Harvey Weinstein, where two Academy Awards sat on the mantle before a group that included actresses Anne Hathaway and Joanne Woodward, the widow of Paul Newman, and writer Aaron Sorkin. Weinstein told the audience that Obama showed he was "not afraid to throw a punch. Witness the raid on Osama bin Laden. You can make the case that he's the Paul Newman of American presidents."
The events were expected to bring in at least $2.5 million for Obama's campaign.
Romney, who is closing in on his vice presidential pick, spent Monday at his vacation home in New Hampshire, but he, too, has a series of fundraising appearances this week.
Obama aides say their campaign is bringing in enough money to stay competitive in television advertising. The campaign has already purchased most of its air time in battleground states through Election Day using money it raised earlier in the cycle.
The campaign also has poured tens of millions of dollars into setting up field offices in battleground states, launching registration drives and compiling data on voters — all expensive efforts that could pay dividends for Obama in November. The Romney campaign is still setting up those efforts in some states and will probably have to devote a significant amount of its incoming cash to doing so.
. . . .
http://www.businessweek.com/ap/2012-08-06/obama-holding-fundraisers-in-connecticut
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Obama campaign: Romney fundraising edge means ‘we’re in trouble’
Yahoo! News ^ | August. 6, 2012 | Olivier Knox
Posted on August 6, 2012 11:13:14 PM EDT by Free ThinkerNY
President Barack Obama's re-election campaign warned supporters in an email plea for cash on Monday that Mitt Romney's vast fundraising edge means "we're in trouble" with scarcely three months to go before Election Day.
"We got beat three months in a row," the campaign said in the unsigned message. "If we don't step it up, we're in trouble."
The appeal came hours after the two sides released their July fundraising totals, revealing that Romney and the Republican Party scooped up $101 million against the $75 million hauled in by Obama and the Democrats.
(Excerpt) Read more at news.yahoo.com ...
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Romney Raising Cash from Traditionally Dem Cities
Tuesday, 21 Aug 2012
Republican presidential candidate Mitt Romney is raising millions of dollars in traditionally Democratic areas this summer.
That's as his campaign has out-raised President Barack Obama for a third straight month since May.
An Associated Press analysis of campaign finance data found donors from New York to Los Angeles contributed to Romney or the Republican Party with checks both large and small.
Obama and his advisers say they will likely be outspent by November.
Last month, Romney and the GOP reported a combined $101 million in fundraising while Obama and the Democrats said they raised $75 million.
http://www.newsmax.com/Newsfront/RomneyFundraising/2012/08/21/id/449303
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Romney tops Obama in fundraising race
By Charles Riley @CNNMoney August 22, 2012
NEW YORK (CNNMoney) -- Mitt Romney has extended his lead over President Obama in this election cycle's race for campaign cash.
The Republican had almost $186 million in cash on hand at the end of July, compared to $124 million for Obama -- figures that include donations made to the campaigns, party committees and joint fundraising efforts.
The latest fundraising totals, filed Monday with the Federal Election Commission, indicate that Obama will likely face a financial disadvantage during the closing weeks of the 2012 campaign.
Second position is an unusual spot for Obama. In 2008, Obama shattered all previous fundraising records by bringing in an excess of $750 million -- far more than John McCain.
But Romney has dashed any hopes Obama might have harbored for continued dominance in 2012. The past two months have been particularly fruitful for the Republican challenger, as Romney's team produced a haul of more than $200 million in June and July.
Over the same time period, Obama's campaign mustered a comparatively modest $147 million.
And the gap between the candidates may be widening. The Romney campaign has said its fundraising totals have increased in recent days after the addition of Rep. Paul Ryan to the ticket.
Republicans have an even bigger money advantage when spending by super PACs and other outside groups is included.
According to the latest data from the Center for Responsive Politics, outside conservative groups have spent $221.5 million this cycle, while liberal groups have spent $55.6 million.
Obama advisers have long acknowledged that the Romney campaign was likely to outspend the president in the final months leading up to Election Day, but they have expressed confidence that investments made in prior months would put Obama back in the White House.
That strategy was on display in July as the Obama campaign raised $49.2 million but spent $59 million. The high burn rate in recent months has paid for staffer salaries, field offices and other facets of the "ground game" that Obama will rely on in November.
Republicans, meanwhile, are confident their fundraising hauls will be enough to finance their efforts through Election Day.
"We now are in a position to outspend [President Barack Obama's re-election effort] on television and tell our story and tell the Mitt Romney story, starting with our convention and going through the fall," Republican National Committee Chairman Reince Priebus said Monday on CNN.
The Republican convention begins next Monday in Tampa.
http://money.cnn.com/2012/08/22/news/economy/obama-romney-fundraising/index.html?hpt=hp_t2
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Democrats worry over fundraising as Romney adds to campaign war chest
By Ed Henry
Published September 05, 2012
FoxNews.com
CHARLOTTE, N.C. – Senior Democratic sources say that in closed-door meetings with campaign donors here at the convention, top Obama campaign officials like campaign manager Jim Messina are expressing increasing alarm over the fact that Republican Mitt Romney raised $100 million in the month of August alone, further expanding his cash edge.
The Democratic sources tell Fox News the Obama team is privately saying they believe the final days of the presidential race are now shaping up as a dramatic battle between money and demographics, with President Obama's advisers fearful that Romney will use his war chest to unleash a bombardment of television ads and ground game to turn out more white, working-class voters.
Nevertheless, the Obama team is saying in these private meetings they are still confident that they can win by exploiting their demographic edge with Hispanic, African-American and female voters, among others. As a result, the president's Thursday night acceptance speech is expected to be full of direct appeals to these voters.
Stephanie Cutter, deputy campaign manager for the Obama campaign, downplayed the money concerns by telling Fox News that more negative ads will only backfire on Romney.
"There's no doubt that we're going to be outspent, we've always believed that," said Cutter. "But we're going to have enough money to implement our strategy and just take a look at over the last several months: there's been hundreds of millions of dollars spent in negative advertising against the president and the only numbers that have moved are Romney's unfavorables."
The fundraising questions come as campaign officials confirm a Washington Post report that Chicago Mayor Rahm Emanuel, the former White House chief of staff, is stepping down from his honorary role as a co-chairman of the Obama campaign so that he can help juice fundraising by outside Democratic Super PACs.
Republicans have dominated the Super PAC money chase, with Democratic groups like Priorities USA now also relying on former President Bill Clinton to help close the vast fundraising gap.
Cutter noted, though, that Obama has still been able to stay neck-and-neck with Romney and is leading in many battlegrounds despite the fundraising shortfall.
"We've got an advantage on the ground," said Cutter. "Being here in North Carolina, the number of people that came out volunteer their time to help us build this convention and will volunteer their time to help us get out the vote the remaining two months is testament to the fact that we've made really good investments. Investments on the ground, investments in our grass roots. And because of that enthusiasm and people willing to work for the president's reelection, it gives us a significant advantage."
http://www.foxnews.com/politics/2012/09/05/democrats-worry-about-money-as-romney-cashes-in/
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RNC raises over $35 million in August
Posted by
CNN Political Reporter Peter Hamby
Washington (CNN) - The Republican National Committee raised a record $35.6 million in August, giving the GOP a financial boost at a time when Mitt Romney's campaign was forced to take out a $20 million line of credit.
The RNC now has $76.6 million in the bank, a source at the committee told CNN.
– Follow the Ticker on Twitter: @PoliticalTicker
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The cash haul marks the best August on record for the RNC.
The committee has also raised more this year – just over $193 million - than in any previous election cycle.
"The support and enthusiasm we are seeing from large and small donors ensures we have the resources to fund the gold standard of ground games as we head into the final stretch of the campaign to elect Mitt Romney as the next President" the RNC source boasted.
Formal fundraising reports from the campaigns and their affiliated committees are due to be filed with the Federal Election Commission on Thursday.
The Romney campaign was forced to borrow $20 million in August because, by law, the de facto GOP nominee could not tap his general election funds until after accepting the nomination at the Republican National Convention.
Their August line of credit was first reported Wednesday by The National Review.
http://politicalticker.blogs.cnn.com/2012/09/19/rnc-raises-over-35-million-in-august/
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At this point the money they've raised is almost useless
wtf can they do it with it other than to run the same stupid ads and it doesn't do a bit of good when their candidate says something stupid every time he opens his mouth
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RNC raises over $35 million in August
What did the DNC raise in August?
Cute timing on the news release. Tomorrow Romney announces something about his campaign being ten million in debt, right?
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:o
Romney raises $111.8 million in October
By EMILY SCHULTHEIS
10/25/12
Mitt Romney's campaign announced this morning that the GOP ticket and the Republican National Committee raised $111.8 million between Oct. 1 and Oct. 17.
It's an impressive number, especially given how many months they've now broken the $100 million number. This period includes all three presidential debates and the VP debate, when Romney's strong performance in the first debate especially helped bring in a flurry of donations.
The campaign still has just more than $169 million on hand as of Oct. 17, which is a big war chest for the final few weeks of the campaign and enough to really flood the airwaves with ads now through Nov. 6.
http://www.politico.com/blogs/burns-haberman/2012/10/romney-raises-million-in-october-147198.html