(CNN) – Mitt Romney's team announced Thursday it raised $77 million last month, surpassing the total announced earlier in the day by President Barack Obama's re-election effort and marking the first month the Republican effort out-raised the Democrats.
Romney's campaign cash, which includes money taken in by Romney for President, Romney Victory, and the Republican National Committee, included money raised in all 50 states and in Washington, DC, the campaign said.
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Earlier Thursday, Obama's team announced on Twitter they had raised more than $60 million in May. The money is divided between the re-election campaign, the Democratic National Committee and affiliated Democratic state parties.
The Obama team also indicated that nearly all of their donations in May - 98% - were less than $250, and the average contribution totaled $54.94.
Romney's campaign said 93% of their May contributions were less than $250, and amounted to $12 million of their total haul.
The Republican effort said they ended May with $107 million in the bank. Obama's campaign did not disclose their cash on hand for May, though they ended April with $115 million.
Romney's May fund-raising figures are a big jump from his April haul, when his campaign reported raising $40.1 million. Rick Santorum and Newt Gingrich, two of Romney's rivals for the GOP nomination, both announced they were dropping their bids for president in April, meaning May was the first month Romney was running unopposed for the GOP nomination.
The former Massachusetts governor and two-time presidential candidate clinched his party's nomination at the end of May, when he secured enough delegates to become the GOP nominee at the Republican convention in August.
Responding to the Romney fund-raising announcement, Obama campaign press secretary Ben LaBolt tweeted: "Reminder on RNC/Romney camp fundraising: 1st month joint committee was in existence, so all their primary donors wrote their maxout checks."
Romney and the RNC joined fund-raising forces beginning May 8.
Wow $77 Million! That means that Romney now has 8 total supporters!
Whats Wrong with Us?
Why are we allowing this to happen? Why do we continue to vote for people who express clearly what their agendas are and those agendas are specifically geared to serving rich, connected interests?
Why? Because there are too many of us who are not inspired enough to think for themselves. Many people prefer for an "expert" to make the most important decisions in their lives for them. That desire is not as unusual as it might first sound. For example, people rely on their doctors to give them the best medical advice. They trust the doctor's opinion when it comes to what is the best course of action.
Strangely enough, people use the same approach to politics. So who is the "expert" that they choose to follow? Many times it is a local political leader who is saying the same words verbatim as a national politician. [Democrats haven't caught on to that tactic, yet.] The local poltician can be an elected official, local advocate, or a religious figure. By having the national figure use the same message, nearly word for word, the people are subliminally convinced that this person can be trusted just like their more familiar local politician. [Democrats haven't caught on to that tactic, yet.]
So they have a problem with paying taxes but will donate millions to a campaign? Imagine if that money were put towards housing, food, education, etc in this country instead of a campaign. And I'm not just talking about the Republicans either. So sad to think that people would contribute so much money to elect someone but there are people in this country who are homeless and can't afford to eat.
Romney, all the money in the world can't buy common sense. And it definitely can't buy you a definite course of action. The wind blows it many directions everyday...and you constantly change course with it
How do we get rid of Roberts & Alito? Thank you Idiot Bush.
obama is the worst prez ever...even worse than bush...obama is a joke
@Claudia, Obama didn't serve in the military either. So that's kind of a flawed statement. Most of my family has served in the military. Sadly I was rejected due to medical reasons but say la vi. Anyways. I'm voting Romney this election. I voted for Obama last time but as we have all sadly learned hes not for 'change'. He was and is just a more skilled political operator than McCain was. And if its one political operator vs another, I'm going to vote for the one that has more business experiance. Romney.
Ivan - We have no money for vital programs but there is an never ending money tree for both sides. Both sides have no shame what so ever!
REALLY???!!! The federal government spends $3.8 TRILLION dollars and then there is all the state and local government spending. NO money for vital programs? Thinks for that laugh. All election spending is DWARFED by ONE year of food stamp spending. Get real.
"Women in California", Don't be so harsh on Pres. O. He tried, he failed and we'll get someone competent this time around. Oh, FYI, Pres. O will never be unemployed. He'll tour the nation giving speaches for hundreds of thousands of dollars....remaining the 1%'er that he has always been.
Moral failure !
A deferment to France, five sons who avoided volintary military service during American longest wars ?
Romney / GW Bush Airlines 2012
You've seen us crash , now watch us fly
For months now and in all probability Obama will win by a margin similar to, if less impressive than his win over McCain. The House will pivot to the middle but the right will keep control. The Senate is likely to teeter to the right by a seat or two. This has been the projected outcome since mid-2011 and nothing has changed these projections.
I think there should be a fund raising cap on all candidates total gross. Say 100 million. Then both candidates will be on equal ground, they will be fund raising less, talking more about the issues and we will see who is more financially savvy by spending their money more wisely... since they have less to spend.
What a novel idea! ;)
Shocking! The billion dollar man is being out fund raised by Romney! Guess those liberal hollywood stars are a lot tighter with their pocket books than they are with their mouths! Maybe if Michelle goes all the way down for Ellen they'll loosen up the ole' check books! LOL!!!
Thank goodness the good ole USofA is waking up! Obama is done – we will not be fooled again... Romney 2012!!
“Congratulations to Mitt Romney. He won the New Hampshire primary last night. See, this is proof that even the multimillionaire son of a multimillionaire can beat the odds and run for president of the United States.” – Jay Leno", January 11, 2012
As governor of Massachusetts, Romney slashed higher education, cut revenue to local government, and raised fees on everything from college students to mortgages, from buying a boat to opening a bar. He left Mass in worst condition and only served one term as a result. Why else is he not bragging about his term in office? Republicans will deny this but the record speaks for itself.
I bet Romney raised a lot of cash last night at that mansion with Hitler paintings on the walls. Of course, if Obama did that, the story would be front-page news on Fox News, the Wall Street Journal, the NY Post and naturally all over talk radio. Romney cuddles up with a Hitler lover? Not a peep.
Wholely owned subsidiary of Koch Enterprises! Why is anyone surprised that he took in 77M? It should be much, much more. The Koch boys only have another 323M to donate before the election. And, the average republican earning 50K a year think this guy is going to work for them?! LOL I hope Willard wins. We'll see how that works out...
@steve, typical rethug thinking. The moral majority is neither is still alive and well as a slogan.
If anyone has billions it's your boynthe bishopmfrom Kolob. He has at least $250M legally reported, except that we are still waiting for his 2011 taxes!!!, and who knows how much he has in overseas banks.
When you are a bought politician like Romney, what is the surprise here? With the racist donors like the Koch brothers, Carl Rove, Adelson, Trump, et al, what do you expect in their attempt to defeat our President.
Mr Adelson (Nevada) donated via a super-pac 20 million. He is under fedreal investigation. He needs Mitt help and Mitt will sell his soul to him.
Sounds like both of them (Obama, Romney) have their share of that 1% (.5% each)
'They want dead people and illegals to be able to vote in this election and you say he is about democracy?!?!?"
Is that why several thousand FL voters that fit typical liberal/Dem voter demographic characteristics and who are legitimate citizens with an undeniable right to vote have received notices from Rick Scott's government telling them they have to prove their citizenship or lose their voter registration? It's no secret that the driver's license lists FL is using are outdated and horribly inaccurate for the purposes they are using them for....well, no secret other than the fact that you can't get the MSM to report on it because it ruins Rick Scott's administration's arguments so they won't report on it so they can pretend FL's arguments are legitimate enough to require debate and controversy. Face it: The GOP/Teatrolls freaked the hell out over the election of a black man because it showed them that the demographic shifts that are "browning" the country are going to take away their hopes of control, so they have spent the past 4 years doing everything they can to set up superficial justifications for suppressing minority votes.
Gotta Be Kiddin - So sad to think that people would contribute so much money to elect someone but there are people in this country who are homeless and can't afford to eat.
Did you say this in 2008 when Obama reneged on his promise to take public funding and then spent record amounts to get elected? Yeah, didn't think so.