Romney releases March fundraising figures
April 20th, 2012
09:14 AM ET
3 years ago

Romney releases March fundraising figures

(CNN) – Mitt Romney's presidential campaign says they raised nearly $12.6 million in primary funds in March.

In a release Friday, the campaign also announced that they've raised $87 million in primary funds over the past year, and that they have $10.1 million cash on hand. The campaign also said that as of the end of March, they had brought in only primary contributions. They also stated that the former Massachusetts governor, who has an estimated net worth of at least $190 million, had not made any personal loans to his campaign.

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Last week former Sen. Rick Santorum of Pennsylvania suspended his bid for the GOP nomination. Even though former House Speaker Newt Gingrich and Rep. Ron Paul of Texas continue their long-shot bids for the nomination, Romney is now generally considered the presumptive nominee. Earlier this month the Romney campaign began joint fundraising with the Republican National Committee.

"Mitt Romney's continued strong fundraising shows that voters across the country are tired of the failures from President Obama. We will continue the hard work to raise the necessary funds to defeat President Obama and change the direction of the country," Romney National Finance Chairman Spencer Zwick said in a statement.

President Barack Obama's re-election campaign announced Monday that they raised $53 million in March, up about $8 million from the month before. That brings to nearly $350 million the amount of money raised by the re-election team since they formed a year ago. The money raised goes to the Obama Victory Fund, which is divided by the Obama re-election campaign, the Democratic National Committee and affiliated committees.

The Obama campaign did not indicate its cash on hand. As of March 1, the campaign reported $85 million in the bank. Obama broke all records by raising nearly $750 million in his 2008 campaign for the presidency.

In their release, the Romney campaign said that 84% of all donations received through the end of last month were $250 or less. Monday the Obama campaign announced that 97% of their donations in March were for $250 or less.

In February, during the heated primary battle, the Romney campaign raised $12 million and spent $12.4 million.


Filed under: 2012 • Fundraising • Mitt Romney
soundoff (25 Responses)
  1. Peace

    Good for him for raising such an amount of money. BUT for his information the Mormon will never sit in the house. Evangelicals, blacks, latinos, youths, real conservatives etc. etc. will never let Romney lead them. No way!

    April 20, 2012 09:23 am at 9:23 am |
  2. Dominican mama 4 Obama

    Mitt Romney's continued strong fundraising shows that voters across the country are tired of the failures from President Obama.
    -------------------------------------------------
    Hmm. $12.almost 6 million versus $53 million.
    Looks and sounds to me like we are more than sick and tired of you.
    Obama 2012. Because we believe America deserves better than what you've got to offer: which is NOTHING.

    April 20, 2012 09:29 am at 9:29 am |
  3. The Greedy Old Pigs declared class war on US!

    How much of that money came from the same 100 people who have made 80% of the donations this year? Who is buying Rmoney?

    April 20, 2012 09:37 am at 9:37 am |
  4. GI Joe

    Wow - look at that crowd - 47 people and 68 tv crew.

    WTG. ha ha ha ha ha ha

    April 20, 2012 09:37 am at 9:37 am |
  5. AL in West Palm Beach

    "Romney campaign said that 84% of all donations received through the end of last month were $250 or less. Monday the Obama campaign announced that 97% of their donations in March were for $250 or less."

    97% – 84% = 13%

    That is the percentage gap in small donations between the two camps. That leads me to ask, WHICH CORPORATIONS (err people) ARE BUYING MITT?

    April 20, 2012 09:43 am at 9:43 am |
  6. Rudy NYC

    "Obama broke all records by raising nearly $750 million in his 2008 campaign for the presidency."
    ---------------------
    Some folks hate that fund raising more than they do Pres. Obama.

    April 20, 2012 09:46 am at 9:46 am |
  7. SUBS 4 VOTES/Dutch Bad Newz, VA/GROVER NORQUIST IS A ENEMY OF THE STATE

    Mitt Romney's continued strong fundraising shows that voters across the country are tired of the failures from President Obama.
    ---------------------------------------
    Willard can disclose his fundraising but needs to file an extension for his taxes. Not the kind of leadership I want in the White House. How about Willard disclose the name of his donors.

    April 20, 2012 09:47 am at 9:47 am |
  8. caeser

    It appears that money will not be a Republican ally in this race.

    April 20, 2012 09:50 am at 9:50 am |
  9. Lucky18

    The rich do not like to lose money, but this is a bad bet!
    Obama 2012

    April 20, 2012 09:53 am at 9:53 am |
  10. Lynda/Minnesota

    Yuck. $arah Palin, George Bush, and Mitt Romney all in one morning.

    Definitely going to be a 4 cup coffee day...

    [ sigh ]

    April 20, 2012 09:53 am at 9:53 am |
  11. Wake up people

    Ok, we know Mittens pimps are billionaires. Now how about the last 10 years tax returns? And while you're at it, how about your long form birth certificate and your school transcripts? If the POTUS is forced to do this and this is the job you want, you should have to do the same. Whatcha hiding ole Mittens??

    OBAMA 2012!
    The only intelligent, patriotic way forward!

    April 20, 2012 10:00 am at 10:00 am |
  12. Marie MD

    And this is going to help the country how?

    April 20, 2012 10:04 am at 10:04 am |
  13. Natalie

    When is he releasing tax statements?

    April 20, 2012 10:04 am at 10:04 am |
  14. Qi

    Romney 2012. Help end socialism in this country. We have a chance to stamp out all deadbeat programs now. Greed will Suceed..........TEAMERICA

    April 20, 2012 10:06 am at 10:06 am |
  15. king

    Obama is not worrying about campaign finance on hand, they are worried about mitten rich friends money. Lesson big corporations, are not worried about this economy too much, because they hires, computer systems, robots and foreigners to do their jobs, furthermore they sell their goods abroad. Small businesses doesn't have that luxury, every thing they sell are local, so they're depending on our local spenders. When mitten and his crew comes into office and scallawag our spenders of their money, and give to big corporations to sit on more trillions of dollars, we are basically #$%$. Small businesses will be out of their spenders, and have to start laying folks off, while big corporations can still stay alive by pushing their businesses to China and India, afterall they've got 6 time more spenders than we have.

    April 20, 2012 10:06 am at 10:06 am |
  16. jb1963

    I like the math Zwick12.6 million dollars raised shows you America wants Obama out yet Obama raise 53 million dollars to keep him in office. And you wonder why most think you guys are out of touch. Who can you fix an economy when you can't do simple math and be honest about it.

    April 20, 2012 10:25 am at 10:25 am |
  17. Jerry from Dallas

    I can't stand liar. I thought Romney would be a different politician but he is already shifting positions faster that Oklahoma tornadoes. He should stick to what he promised to do in the primaries. It was not about Rick Santorum but whole World was watching. Romney flip flopping proves he CAN NOT BE TRUSTED.

    April 20, 2012 10:26 am at 10:26 am |
  18. Luke H

    Romney,

    Please don't waste that money on a campaign your not going to win! Use that money for better purposes like charity ;)

    April 20, 2012 10:31 am at 10:31 am |
  19. Qi

    What is he hiding? Seems strange he will not release his tax records. What about his off shore bank accounts. I think we will see an October suprise......The truth will set you free

    April 20, 2012 10:32 am at 10:32 am |
  20. gman21

    For each of these miilion raised by Romney, the donors will make 1 billion from middle, working and poor!

    April 20, 2012 10:36 am at 10:36 am |
  21. mctampa

    Not hard to raise money when most of your donors are billionaires as opposed to obamas raising money from millions of americans with an average donation of $31.

    April 20, 2012 10:37 am at 10:37 am |
  22. Cody

    "Mitt Romney's continued strong fundraising shows that voters across the country are... (Fill in the blanks, best ad lib games!) Here's mine ...

    "Mitt Romney's continued strong fundraising shows that voters across the country are really corporations now buying lower taxes and deregulation to boost profits!"

    April 20, 2012 10:37 am at 10:37 am |
  23. Smeagel4T

    Lazy journalism, CNN. Enough with the "Romney campaign SAID" and the "Obama campaign SAID". There were FEC filings, right? Journalism is "According to FEC filings...". You should also be reporting, FROM THE FEC FILINGS, the average size of donations and the size breakdown percentages. There is no need to do the "he said, she said" routine to report this information. It can be reported from the filings.

    April 20, 2012 10:43 am at 10:43 am |
  24. (shaking head at stupidity)

    Obama got more than that just from BIG OIL companies alone....drop in the bucket.

    April 20, 2012 10:45 am at 10:45 am |
  25. S.B. Stein E.B. NJ

    This is frightning that we have to see how much money is being raised for political campaigns. We need to get money out of politics so that we can have more people be involved as candidates.

    April 20, 2012 10:46 am at 10:46 am |