Obama raises $71 million in June, trails Romney
July 9th, 2012
10:59 AM ET
2 years ago

Obama raises $71 million in June, trails Romney

(CNN) – President Barack Obama's re-election campaign announced Monday that it, along with the Democratic National Committee, raised $71 million in June from more than 706,000 donors.

The amount lags far behind the $106 million Mitt Romney and the Republican National Committee raised last month, a number the campaign made official early Monday.

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However, Obama's campaign last month predicted it would be out-raised by Romney's campaign and noted in an email to supporters Monday that the month of June still proved to be the campaign's "best month of this election so far."

"But we still got beat - and not by a little bit," Ann Marie Habershaw, chief operating officer for Obama for America, said in the email. "If we lose this election, it will be because we didn't close the gap enough when we had the chance."

According to the campaign, more than 706,000 people donated in June, with more than 181,000 of them contributing for the first time.

More than 98% of contributions last month were less than $250, with the average donation coming in at $52.54.

Romney's campaign, meanwhile, said Monday that 94% of their contributions were $250 or less, adding up to $22.3 million, which is just over a fifth of all money Romney raised in June.

In May, the combined efforts between the Obama campaign and the DNC took in $60 million and had slightly less than $110 million in the bank.

While Team Obama did not acknowledge Monday how much money the campaign has in the bank, Romney's campaign announced it finished June with $160 million cash on hand.

– CNN Political Editor Paul Steinhauser contributed to this report.


Filed under: 2012 • DNC • Fundraising • President Obama
soundoff (43 Responses)
  1. oic

    so how many ppl donated to RNC. Why did you leave this data out, but included it for DNC

    July 9, 2012 12:06 pm at 12:06 pm |
  2. look@the #s

    $ does not equal support, Romney's $ came from a few in comparison to Obama's $ coming from thousands, the dollar amount does not match actual support, if Romney had 100,000 well off supporters donate $1000.00 each then there you have it. Obama had over 700,000 not so well off suppoters giving what they can spare and raised $71 million. So that paints a picture of more actually believing in Obama's ability than folks just trying to get Romney in offic for more personal gains, i personally know plenty of obama supporters who will skip going to the movies or some other simple pleasure to send a donation to his campaign, the money may not be huge but the support is! Don't let the $ fool you!

    July 9, 2012 12:06 pm at 12:06 pm |
  3. Neal Kaye

    Uh-oh July/August are slow months for weddings. Obama be in trouble.

    July 9, 2012 12:09 pm at 12:09 pm |
  4. NE1BUTTOBAMA

    Obama better raise his chances to win a dinner with him and his Hollywood friends to $5.

    July 9, 2012 12:09 pm at 12:09 pm |
  5. Steve- Illinois

    It's almost funny how months ago the Obama campaign, and the Dems, were talking about how Obama would raise a billion dollars for this campaign, now, when getting his hat handed to him by Romney, money is suddenly a bad thing!!!

    July 9, 2012 12:10 pm at 12:10 pm |
  6. Mikey

    @DJ – There is a difference between 500,000 people donating $100 each and 2,000 donating $25,000 each... and that's not the worst of it. The big threat to our democracy is the dozen or so people that are expected to donate a total of about $800,000,000 and will expect a return on their investment from a Romney Administration.

    July 9, 2012 12:10 pm at 12:10 pm |
  7. Go

    Funny how opinions on this change depending on who has raised more money. When the guy you want in the white house raises the most money it's all fine. When the guy you don't want in the white house raises the most money there's a conspiracy.

    July 9, 2012 12:11 pm at 12:11 pm |
  8. sharon

    Can you imagine what would happen if Koch Brothers (Romney) wins the election? That being said Romney is up vvor sale. He will not be able to make any decision without checking the Brothers first. I cannot believe that SOME people are selling out on AMERICA all because of greed. Romney have no healthcare plan nor job bill act. He doe not speak on these plans, all he is saying to repeal it. How can you repeala plan if you don't have one and how can any vote on a non existing plan?

    July 9, 2012 12:14 pm at 12:14 pm |
  9. ejktexas

    As an avid supporter of Gary Johnson....could both of those guys just shave $500K from that and swing it over to GJ2012? That would be great :)

    July 9, 2012 12:15 pm at 12:15 pm |
  10. Obama 2012 - BEND Forward America, take another 4 long years of OBAMA FAILURE

    What does Obama expect? He's kept a lot of his supporters unemployed for a record length of time. They lost their jobs, house, car, 401K, etc. Now he expects them to send him money for 4 more years of 8-10% unemployement?? Yeah, right. Thanks but no thanks.

    July 9, 2012 12:18 pm at 12:18 pm |
  11. Sniffit

    "No, Mitt Romney will not buy the election. He will win the election because he has a better plan, better capabilities, better experience and as you see here, people recognize that. We can do much better than throwing new debt at the same policies and debunked economic experiments. We can manage our way forward. Really. Romney 2012."

    Better plan? WHAT PLAN? Deputy Doublethink hasn't said anything about a plan yet other than "I haz one." Stop pretending otherwise. Even major conservative figures like BIll Kristol are expressing grave concerns about just how much DD thinks he can coast into the WH by saying "Obama bad, me good" while relying on sweeping promises loaded withnothing but generalizations and vagaries and covered in a sticky coating of ideological candy.

    July 9, 2012 12:19 pm at 12:19 pm |
  12. Petey

    Romney stuffs his pockets with 100 million from 100 donors.
    Obama gets 100 dollars a piece from over 700,000 donors.

    Gee, Obama sure is "selling out" to a lot more people than Romney! How's he going to pay back ALL those political favors??!!

    July 9, 2012 12:22 pm at 12:22 pm |
  13. Sniffit

    "No, Mitt Romney will not buy the election. He will win the election because he has a better plan, better capabilities, better experience and as you see here, people recognize that. We can do much better than throwing new debt at the same policies and debunked economic experiments. We can manage our way forward. Really. Romney 2012."

    Better plan? WHAT PLAN? Even prominent conservatives like Bill Kristol are expressing grave concerns about just how vague Deputy Doublethink is and how he thinks he can skate to the WH on "Obama bad, me good." Deny it all you want, but the guy has said NOTHING specific so far, even in the primaries, and waffles between diametrically opposed positions like it's goin out of style. Pretending he has a plan just beacuse he says "I haz plan," won't make the problem go away.

    July 9, 2012 12:24 pm at 12:24 pm |
  14. cj1

    He doesnt have the nomination yet but once its official you'll see how dangerous he will be. To all you democrats stop voting for a socialist freak!!

    July 9, 2012 12:24 pm at 12:24 pm |
  15. Mikey

    @Four – "No, Mitt Romney will not buy the election. He will win the election because he has a better plan, better capabilities, better experience and as you see here, people recognize that. We can do much better than throwing new debt at the same policies and debunked economic experiments."
    ***********************************************
    Better plan? No. He isn't giving us any plan – few, if any, details.
    Better capabilities? No. Obama is smarter than Romney and it will really show in the debates. Just look at how Romney is running his campaign. Disjointed messaging and poor personnel management.
    Better experience? No. Obama has been POTUS for four years – that's the most relevant experience. Name me one good corporate CEO President. I can think of two bad ones – Hoover, who sheparded us into the Great Depression and W. Bush, who sheparded us into the Great Recession.
    Debt? Romney has promised to cut taxes 20%, increase military spending, AND protect Social Security. That would balloon the national debt – it's exactly the formula Reagan used to TRIPLE the national debt in 8 years. And Romney has promised to do all that AND balance the budget, which is an OBVIOUS LIE.
    Debunked economic experiments – How about trickle down economics? Failed in the 1920's (Great Depression??), failed in the 1980's (recession of 1990-1992)? And now you idiots want us to do it again. Sure, let's throw billions of dollars at the 'job creators' and see how many crumbs fall to the average American. Oh, we'll feel the trickle all right – and you'll probably try to tell us it's rain. NO THANKS!

    July 9, 2012 12:26 pm at 12:26 pm |
  16. Thomas

    "Better plan? WHAT PLAN? Deputy Doublethink hasn't said anything about a plan yet other than 'I haz one.'"

    Well to be fair, slashing social services to allow for corporate tax breaks is known. Healthcare, pensions... I'm not retired, why do I need these?

    July 9, 2012 12:27 pm at 12:27 pm |
  17. RonB

    @ look@the #s I agree that this should noted. If a Billonnaire gives 10-15 million dollars, then that person only has 1 vote as oppsoe to nearly a million people giving a few dollars. They are look at this the wrong way.

    July 9, 2012 12:29 pm at 12:29 pm |
  18. Jan930

    Some people think that President Obama is superman. After the mess Bush put this country in, it's not a person alive that could have done a better job than President Obama. With the republicans saying right from the start their main goal is to make Obama a one-timer. They didn't care about jobs and the American people, just taking us back to G. Bush years.

    July 9, 2012 12:31 pm at 12:31 pm |
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