Romney's campaign announces $77 million raised in May
June 7th, 2012
11:02 AM ET
2 years ago

Romney's campaign announces $77 million raised in May

(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.


Filed under: 2012 • Fundraising • Mitt Romney
soundoff (133 Responses)
  1. masango

    Fundraising is not rocket science. Every little bit counts. If 1million people donate $1 then imagine. Now I have just donated $50 to the candidate who does not discriminate against race and color of skin, against religion, against tax contribution, against women.....and be my guest to tell me who this person is. By the way, when they talk of big govt they are trying to tell you that the govt should not help the poor and middle class, only the top 1%. If my candidate looses, remember me, just 1 year later.

    June 7, 2012 03:55 pm at 3:55 pm |
  2. MG

    77 million............ forclosures on homes, national deficit through the roof and these clowns including Obama are raising millions to get elected!!!! This money could be used in so many ways. Total BS!!!!!!!!!!!!!! families can't even get food on the table and Romney is raising millions !!!!! What is wrong with this country??????????

    June 7, 2012 03:55 pm at 3:55 pm |
  3. jake

    Oh I see the dumb comments on here ripping on Romney because he was able to get raise more money than Obama. Well you can twist of all you want but Obama is not a great leader and he is not doing anything to truly help this economy. He is the residual outcome of failed progressive democrat ideologies. He has only made America look weak and made our economy weaker with his spending that he still tries to blame on bush even though government spending has more than doubled since Obama got elected into office. We gave Obama and his ideas a chance and he has failed miserably. Twisting what Romney has said he is going to do and saying he will fail are weak arguments and have no facts to stand on. We cannot allow government to continue to spend like it has under Obamas policies and lack of real leadership. He can pass all the blame he wants and I know many of you will follow him like sheep posting fake websites and doctored numbers to back him up. But a real leader does not pass blame but takes on the trials that are set upon him. Mitt can and will do great things for this country.

    June 7, 2012 03:57 pm at 3:57 pm |
  4. Billy Jack

    "Hope and change" how absurd! We need a president who will work FOR the United States of America, not AGAINST us. Mitt Romney 2012!

    June 7, 2012 03:59 pm at 3:59 pm |
  5. Squigman

    If the damned economy is so bad, where in hell is all the money coming from to support these candidates? Seems the whole nation has become snake charmed by the very people that could care less about the populace. The only thing they really care for is big corporations.

    June 7, 2012 04:02 pm at 4:02 pm |
  6. sanity

    From Wikipedia–"Some of Bain's largest investors in private equity are public employee unions and their pensions funds. These investors include the California State Teachers Retirement System (CalSTRS), as was well as the University of California Retirement Plan (UCRP); with each having over 100 million USD committed as of the start of 2012."

    Must be those public unions donating to Romney.

    June 7, 2012 04:05 pm at 4:05 pm |
  7. Silence DoGood

    @California "Sounds like both of them (Obama, Romney) have their share of that 1% (.5% each)"

    Most people do not realize that Obama armed with big donors and leader of the most powerful (currently) nation on the planet is part of that 1%. And he has paid back his friends in the 1% from the 2008 donations.

    2008 Obama myth – he is our savior and will make it all right
    2012 Obama myth – he is a poor outsider, one of us, who will fight for the little guy

    Obama is just like us if we are all rich, connected politician – lawyers, with access to huge amounts of money.

    June 7, 2012 04:06 pm at 4:06 pm |
  8. Not-this-time

    The 1% has spoken, we have no choice but to obey......or Darth Cheney will be at your house with his shotgun...

    June 7, 2012 04:07 pm at 4:07 pm |
  9. Jason Glugla

    Those corporate masters can really raise the money, especially when they don't have to spend it on silly things like employees and taxes.

    June 7, 2012 04:12 pm at 4:12 pm |
  10. Rudy NYC

    "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."
    ----------------–
    Nope, didn't have to. Democrats didn't change the law to leverage their strengths. Conservatives did exactly that when they stacked the deck with Citizens United. Repubicans voted to repeal campaign finance laws. Democrats did none of the sort.

    June 7, 2012 04:19 pm at 4:19 pm |
  11. REG in AZ

    What is a real pity is when people are used and abused by deceptive efforts, purchased with the mega-millions, just aimed to control people’s thinking. When ‘the few” use “puppet” politicians and an abundance of subterfuge and propaganda to con people and to manipulate public opinion, it is obvious and leaves no doubt. It really isn’t about honest “conservative” political positions but about using excitement to take over people’s thinking and to block rational and objective discernment; we have seen it with the manipulation of the conservative Christian, with the Swift-boat propaganda and with the Tea Party movement, all designed, funded and directed to excite and control people’s thinking. We see it in the Republican / Tea Party being owned and controlled by “the money” and actually being incapable of honestly and responsibly serving the people. We see it in their putting their political ambitions above all else and in their totally catering to “the money’s” interests, while together they take the majority for granted and insultingly assume the people can be duped and used as “pawns”. This isn’t advocating that the voters think any certain way but rather that they reject “the money’s” control, refuse to be swayed and used by paid for propaganda, recognize the self-serving aggressive efforts and just reject them ... and simply think for themselves, clear and rationally.

    June 7, 2012 04:23 pm at 4:23 pm |
  12. The Real Tom Paine

    -Delusional Democrats Whining Crying Blaming, My Dream Has Come True

    Well this is what happens when you put an inexperienced socialist community organizer in charge of the greatest and most prosperous capitalist country the world has ever known. Because not every single person doesn't have the very same things and opportunity, the inexperienced socialist community organizer thinks that somehow the system is flawed and must be totally re-engineered, re-designed to "level the playing field" to ensure it is "fair" and ensure that every single person merely has to show up to get their trophy in life.
    *****************************************************
    There is a huge difference between simply "showing up", which is what Romney did his last 2 years as governor, and trying to offer equal opportunity. Romney believes that opportunites are extended by the wealthy to the rest of us, and we should be greatful for whatever min-wage job at Staples he and his cohorts offer us. Its amazing that you would want to hand over the country to someone who's signature accomplishment in public life is the one thing you loathe and he can't brag about, namely an individual mandate for heatlhcare that the GOP championed. The GOP really does not want opportunity for people, only rewards for their campaign donations. What a sick group of whiners.

    June 7, 2012 04:27 pm at 4:27 pm |
  13. mfx3

    In related news, rich people are not immune to scare tactics and paranoia. The GOP has known this for years.

    June 7, 2012 04:28 pm at 4:28 pm |
  14. joe

    Republicans are richer than Democrats (or the workshy for short) so this is hardly surprising

    June 7, 2012 04:30 pm at 4:30 pm |
  15. Rich

    And it all from big Corporations. This nation is now run and will be ruled by big Corporations, thanks to our US Supreme Court. They say a corporation is a person. How sick can they get, or is it how Crooked can our Justices get.

    June 7, 2012 04:30 pm at 4:30 pm |
  16. Rich

    The President in November will be elected by big corporations not the people, like it was in WI this past Tuesday. The people have lost their votes and voices to the Republicans.

    June 7, 2012 04:31 pm at 4:31 pm |
  17. G.Awekam

    The American voters are the dumbest in the world, so go ahead elect Robme and the Rethuglicans and see what happens to the middle class, go ahead destroy the unions and see what happens to your 40 hour week 8 hour days, you will be working in conditions resemble those of China and Vietnam, you will have NO healthcare then you will only have YOU to blame. You have not learned the lesson from the last CEO who was president, go ahead make my day I would love to see you fail so I can say I TOLD YOU SO HAHAHAHAA

    June 7, 2012 04:31 pm at 4:31 pm |
  18. Josh Gonzalez

    Romney is incompetent. God Bless Amercia!

    June 7, 2012 04:34 pm at 4:34 pm |
  19. Surprise

    surprise surprise now that big money is untethered big money will buy every election only hope for you and I is to become big money and by one ourselves. Supreme court ruling on this is most absurd threat to our country ever concocted from inside our country.

    June 7, 2012 04:37 pm at 4:37 pm |
  20. PAW

    I heard on NPR this morning that Obama netted $80 million in May.

    June 7, 2012 04:40 pm at 4:40 pm |
  21. kmac

    Think we hit on a way to stimulate the economy. ELECTIONS!!! If we hold recall elections after this election I estimate we could influx as much as 3 trillon dollars into the economy. Within 4 years with a little inflation we could reach maybe 15 trillion back into the economy. Seems the only thing the rich want to buy is more power and are willing to spend lots for it.

    June 7, 2012 04:43 pm at 4:43 pm |
  22. Nuihc

    The President in November will be elected by big corporations not the people, like it was in WI this past Tuesday. The people have lost their votes and voices to the Republicans.
    ---------------------------------------------–
    This kind of nonsense posting makes as much sense as a screen door on a submarine.

    June 7, 2012 04:49 pm at 4:49 pm |
  23. Claudia, Houston, Tx

    Support our troops, you'll get a better return on your money.

    June 7, 2012 04:54 pm at 4:54 pm |
  24. Big George in Big D

    @Rich – I just LOVE the Republican party – smart people. Can't wait until one is POTUS again! Won't be long now. Oh, I forgot to ask, just how do big corporations fit in a voting booth? They don't go with me when I cast my vote, they don't tell me how to vote either. I'm just bright enough to do it all by myself. Maybe you show grow up too.

    June 7, 2012 04:55 pm at 4:55 pm |
  25. Jason

    Mitt and his many wives will run this country like a cult....well like Mormonism. Good luck with all that.

    June 7, 2012 04:58 pm at 4:58 pm |
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