Romney lands second $100 million month
August 6th, 2012
05:50 AM ET
2 years ago

Romney lands second $100 million month

(CNN) – The fundraising effort of presumptive Republican presidential nominee Mitt Romney brought in more than $100 million for the second month in a row, his campaign said Monday morning.

The $101.3 million haul is just shy of the campaign’s June fundraising, which reached $106.1 million.

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Romney's effort ended July with $185.9 million cash on hand, up from the $160 million in the campaign war chest at the end of June.

Both numbers include money raised by Romney's campaign, the Republican National Committee, and several state parties in a joint committee known as Romney Victory.

President Barack Obama and the Democratic National Committee, meanwhile, raised $75 million in July, marking the third consecutive month the president has been outraised by his Republican challenger. Obama's similar alliance of committees raised $71 million in June.

Romney's campaign said nearly 95% of donations - some 600,627 - received in July were for $250 or less.

In July, Romney's fundraisers included one held in Jerusalem and attended by major GOP donor Sheldon Adelson.

In announcing the numbers, Romney Victory National Finance Chairman Spencer Zwick said, "We are honored to have the support of a broad spectrum of donors—independents, Democrats and Republicans—whose support of Governor Romney shows that he has the needed plan to jumpstart our economy and get the country on the right track again.

"We are well on track to raise the money to be successful in November," he continued.

Zwick and a couple members of his finance team joined Romney on the road last week, attending closed finance events in Reno, Nevada, as well as one in Sun Valley, Idaho where Romney picked up Clint Eastwood's endorsement. The fundraisers, having occurred in the first week of August, did not factor into July's numbers.

In Sun Valley, Romney's young finance chair spoke briefly about how the campaign has outraised the competition and has more cash on hand than the Obama team.

"I want you to know we're using this money very wisely," Zwick said before urging donors to help them "turn this campaign into a cause" by reaching out to their friends and colleagues across the country.

– CNN's Gregory Wallace and Shawna Shepherd contributed to this report.


Filed under: 2012 • Fundraising • Mitt Romney
soundoff (310 Responses)
  1. Etch-A-Sketch Mitt RobMe Out-sourcing-Jobs Outsourcing-his-Money and Outsourcing America

    Romney's campaign said nearly 95% of donations – some 600,627 – received in July were for $250 or less.

    For a Team mitt robme's campaign who bragging about fixing the economy; their numbers doesn't even add up....let's say 600,627 donors contributed an average of $200, instead of $250; it ended up to $120125400; over $120 million!!!

    So, it's either the are under reporting a false number....or they have 95% donating way less money, while the top 5%, or better yet top 1% donating over $50 million; and that includes Andelson "prostitutes" money, the Koch Brother millions, the foreign "donor" money, the mormon church "mitts charity donations", Donald Trump bankruptcies money and all the repatriated CAYMEN ISLAND & BERMUDA tax haven money, and the "job creators" WALL STREET FAT CATs!!!!

    mitt robme – sorry, you can't buy the election & the US of A!!!!.........RELEASE YOUR TAX RETURNS lets see how good you are as a businessman if NOT a TAX CHEAT!!!!!

    August 6, 2012 09:34 am at 9:34 am |
  2. codepink1908

    what a waste of money; that money could help a lot of homeless, abused and sick children!

    August 6, 2012 09:36 am at 9:36 am |
  3. its funny, but I could swear CNN is running this story to....

    try to paint romney as rich and out of touch...but didnt barack raise a ton more than mcain in 2008 and it was seen as ok ?

    hmmmmmmmm....

    questioning CNN's intent here..

    August 6, 2012 09:36 am at 9:36 am |
  4. asdf

    You have to wonder how effective having an additional $100M or so on top of $1B even is. I mean, at some point you saturate the media, and any additional message you want to get across turns people off even if the ad isn't negative.

    August 6, 2012 09:36 am at 9:36 am |
  5. LOL

    Gee I wonder why the 1% of the WORLD (not just the US 1%) is trying to buy the Presidency for this guy. What has he promised them? I know....US...or us...whichever way you want to look at it.

    August 6, 2012 09:37 am at 9:37 am |
  6. Kenneth the VI of Minneapolis

    A millionaire asking for handouts.....politics!

    August 6, 2012 09:37 am at 9:37 am |
  7. Ram Riva

    Is hard to believe that the majority of the donations received by Romney's superpac comes from donors of $250 or less...doesn't sound right....these big numbers is only stating how desperate billionaires are to get rid of President Obama...especially after Romney announced his great tax plan.....America is convinced Romeny is a liar...thanks to social networks and the internet...can be easily proven.....keep in mind that once the tax returns are released...(which will never happen by the way...he thinks he canweather the perfect storm)....game over...GOP/Teaparty scrambling for a new candidate.....

    August 6, 2012 09:37 am at 9:37 am |
  8. Anonymous

    Amazing the rancor from the left now they are losing the money race was noticeably absent when the dear leader announced he was raising $1B, nor last year when the labor unions gave $400M to obama against their members will.
    Now that the GOP is out raising the socialist-in-chief they are crying like babies. 95% from donors <$250 speaks for itself.

    August 6, 2012 09:37 am at 9:37 am |
  9. James PDX

    I'm wating for the time when decent folk run for president. When they both agree to run their entire campaign for 25 million and donate the rest of their campaign contributions to our failing education system. Whoah, those were some good mushrooms. Now back to reality and greed.

    August 6, 2012 09:38 am at 9:38 am |
  10. asdf

    @Etch-A-Sketch. You are a dolt. I hope you aren't a teacher. What if 95% of donations were $1? or $10? Or $50? Or what's most likely – a mixture. He would still be well under the $100M figure.

    August 6, 2012 09:40 am at 9:40 am |
  11. Michael Q

    Another nail in the coffin? Money is the key source for the Republican party to buy their way back into power. They have no creative ideas except to throw money at a problem and hope for the best. Somehow I feel the American voter will be bought, and if so, America does deserve exactly what it paid for. It's all about the money.

    One question, how often does the large contribution of one corporation get divided by the number of employees (including the union members) to come up with an average contribution of less than $250 by each contributor/employee? Just asking as don't they all do it including the Democrats to make it look like the average guy is behind a candidate?

    August 6, 2012 09:41 am at 9:41 am |
  12. Gatormouth

    Mitt Romney is the best candidate money can buy. I love Harry Reid!

    August 6, 2012 09:41 am at 9:41 am |
  13. Not a Socialist

    hey Etch-A-Sketch Mitt RobMe
    -----------------–
    Are you really that dumb? Really? You arbitrarily pick a number ($200) as the average and therefore declare the numbers don't add up, are you really that dumb or did you just learn well from your dear leader?

    Just because Harry "I'm a bold face liar" Reid says so doesn't mean anyone is tax cheat.

    Class envy is so unbecoming.

    August 6, 2012 09:42 am at 9:42 am |
  14. krehator

    Until we get money out of politics, the people will never be truly represented. Instead we will continue to go through a yo-yo blame game every 4 years, while the overall trend continues towards self destruction.

    This country has been going downhill for a long time, with BOTH parties in control. BOTH. Anyone who cannot see that obvious fact, is beyond help, and trying to debate with them is pointless.

    August 6, 2012 09:46 am at 9:46 am |
  15. jpmichigan

    The Republican candidate is receiving more in donations than the democratic candidate, and you wonder why? Could it be that their are Americans who are tired of the lack of leadership , governing keeping of promises made by the now President. We need a REAL CHANGE on the Hill. Why is it that the Democratic Senate cannot pass a budget since 2009, could it be that they refuse to be BIPARTIAN and work with the Republicans, Yet Mr. Reid can abuse his power of leadership in the Senate, to tell falsehoods about Romney, but not to bring up to vote the GREAT number of bills passed in the House, up for a vote. Term limits is needed and as Americans we can fix that problem by voting out those who have over spent their time on the Hill and get new and fresh members, with new and fresh ideas.. The President has abused his powers of the constitution given to the seperation of the three branches by by passing law that have passed and using what ever means to put his spin on issues with legislation,( Clinton signed in to law a welfare bill stating welfare recipients to have to work) Obama changed the law without legislation, now they don't have to.

    August 6, 2012 09:47 am at 9:47 am |
  16. LaPlut

    Plutocracy, here we come!

    August 6, 2012 09:47 am at 9:47 am |
  17. DB in AR

    You can stuff all the cash you want into and empty suit and it still has no substance. No matter what is campaign haul is the fact is he still has to be visible and interact with real people (which he never seems to do) and that is where the money is meaningless. He is still Mitt Romney and no amount of money will change that.

    August 6, 2012 09:47 am at 9:47 am |
  18. NameFranco

    It is a real shame, for both parties, all this money, hundreds of millions wasted cause they are used just for bad advertising versus te opponent !!! They should be used for a real cause as none of the candidates can make magics, not Obama and Romney as well.
    The Bush terms have been a total disaster and the country is now paying the consequences !

    August 6, 2012 09:49 am at 9:49 am |
  19. John P.

    Isn't it funny how the GOP'ers are so free with the cash when it means trying to buy back the White House? What a looney system we now have. Thanks SCOTUS for unleashing corporations as "human". And to all you fools who'd vote for this empty suit who does nothing but pander and blame as well as hide his tax history (unlike his Father), you will get what you deserve under him. My only hope is that there are enough smart people in the country to know who stands for the middle class. Obama in 1012!

    August 6, 2012 09:50 am at 9:50 am |
  20. Bob

    I love it! Obama is supposed to raise $1 Billion dollars all supposedly from small donors, even though hollywood elites, radicals, and corrput overseas people (George Soros) back him. That is OK....

    but when Romney raises $100 Million it must be all from all evil rich people.

    August 6, 2012 09:50 am at 9:50 am |
  21. Not a Socialist

    hey LOL

    "Gee I wonder why the 1% of the WORLD (not just the US 1%)"
    ----------------------------------------
    So I guess the dear leaders 20+ hollywood fundraisers were paid for by the other 99%.

    Or maybe the deal leaders fund raisers in Europe last month were paid for by the other 99%.

    Or maybe the 75% of wall street donations that went to him in the 2008 election came from the 99%.

    Hypocrite, better try harder.

    August 6, 2012 09:50 am at 9:50 am |
  22. Larry

    America is being crushed under the weight of its own debt. How many social programs, police, books for crumbling schools, food for the homeless, could the billions of dollars these campaigns are spending pay for?? Americans complain about the slightest tax increase to fund healthcare or education yet they don't think twice about writing a cheque to some clueless millionaire who wants to be president.

    August 6, 2012 09:51 am at 9:51 am |
  23. Roscoe Chait

    Oh good. More money to promote what a wimpy liar and coward he is.

    August 6, 2012 09:52 am at 9:52 am |
  24. The Right Left

    Presents should be bought not elected from here onwards. Let the rich buy a President for our country in the future.

    Thank you Supreme Court. What a wonderful and patriotic gift you have given the country.

    August 6, 2012 09:54 am at 9:54 am |
  25. Not a Socialist

    JasonP

    First of all, how is it legal to fund raise in a foreign country? It's at least unethical.
    ------------------------------–

    Good question, you should ask dear leader, he's been doing it for years.

    "Obama fundraisers in Shanghai, Paris and London. Next month, actor George Clooney will headline an Obama fundraiser in Geneva, Switzerland"

    August 6, 2012 09:55 am at 9:55 am |
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