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. Jay jay

    I make 38000 a year and donated to the Romney campaign and I want my country back.

    August 6, 2012 10:44 am at 10:44 am |
  2. Bing

    The money difference is not that significant between Obama and Romney. $25 million in July. Either way that Romney money is only going to go up from the perspective of all of us that are so sick all the shenanigans from Obama. Never thought after Obama garnered so much support for change that he would do absolutely nothing. He campaigns well, golfs, vacations, and wines and dines with the affluent but thats about it.

    August 6, 2012 10:49 am at 10:49 am |
  3. Thunderbolt

    lol, these tactics have worked so well, I would definetely keep deleting the post, that way you can think to yourself that everyone agrees with you. Unfortunately, the internet has your tactics beat. You can't hide anything, I can't find........lol, but good luck, I'll be thinking of you on election night. Oh, and I will be back tomorrow to keep you on your toes.....have a good day!

    August 6, 2012 10:55 am at 10:55 am |
  4. Marcia Greenwood, IN

    Of course all the multi millionaires like Romney want him elected -his tax plan would save them millions while raising taxes on the middle class to pay for it-He lied on his taxes in Mass while running for governor so it is more than likely Romney lied on his taxes AGAIN -show your taxes Romney.

    August 6, 2012 10:56 am at 10:56 am |
  5. billy

    make 45k a year and donated 450 to Romney campaign, because have the audacity to believe that debt is a bad thing for a country and fiscal as well as personal and moral responsibility are good things for everyone...

    August 6, 2012 11:00 am at 11:00 am |
  6. Ed FL

    All that money can buy lots of GOP politicians but you can't buy the peoples vote brcause you are no liked or proven you are honest enough to win the voters. Hopefully you will make Rubio your VP candidate,that should put the nail in your coffin. He has so much questionable history on the local level that will become National Questions that WILL come out during your campaign that will make your hiding money overseas to avoid US taxes a minor blip on the screen.

    August 6, 2012 11:02 am at 11:02 am |
  7. Malory Archer

    Jay jay

    I make 38000 a year and donated to the Romney campaign and I want my country back.

    +++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++++

    "back" to what, or from whom?

    August 6, 2012 11:03 am at 11:03 am |
  8. Wilson

    Looks like support for the hope and changey chosen one is waning just a bit. I guess folks are beginning to wake up. Romney is not the best choice, but he is a whole lot better than the person occupying the white house right now.

    August 6, 2012 11:04 am at 11:04 am |
  9. LEK

    @Jay jay

    "I make 38000 a year and donated to the Romney campaign and I want my country back."

    Really? What do you think your "ROI" will be? And you want your country back from who/what? Don't kid yourself, you stand a better chance with the President. You might want to rethink your stance on who you want to be the next president. Romney could care less about you or your 38K a year job; he'd rather out source it and pay someone 15K.

    August 6, 2012 11:05 am at 11:05 am |
  10. Will

    Take your country back from whom? Us? It is the end of an era, white male hetrosexual previlege is gone and will never come back.

    August 6, 2012 11:06 am at 11:06 am |
  11. The fact is

    Please note, money can't buy my vote. I'm an independent, no party affiliations.

    August 6, 2012 11:14 am at 11:14 am |
  12. Lane

    Who gives a crap?? This does not pick a president.. A vote does.. Obama has my vote and my family... Romney and his administration will be plague of embarassment and sadness for the American people and abroad..

    August 6, 2012 11:14 am at 11:14 am |
  13. Me IN HOUSTON

    Well, Romney represents the rich. His donors have deep pockets. He is SUPPOSED to get millions of dollars in a month.
    I am not impressed.
    Obama represents normal people...The 99% of us who don't have such deep pockets struggling to get by.
    and GoD willing, in spite of all the big money Romney is getting, President Obama WILL BE RE-ELECTED AS PRESIDENT OF THE UNITED STATES OF AMERICA!

    August 6, 2012 11:14 am at 11:14 am |
  14. truth hurts

    >Will – Take your country back from whom? Us?

    people that want to run it into the ground with their government does everything for everybody model while destroying the future for our kids. loading massive debt on them and eating away at their freedom wiht every intrusive law passed.

    >It is the end of an era, white male hetrosexual previlege is gone and will never come back.

    not sure where you get this tripe but you get get a rude awakening in november, just as you got in 2010. you clowns are not a majority in this country so please stop actiing like it and forcing your bs down our throats. it came back up all over you in 2010 but you obviously did not get the memo.

    August 6, 2012 11:17 am at 11:17 am |
  15. JFKINAZ

    Little donors are not an issue, its the corporate purchase of our election system that should be the concern here regardless of your candidate choice. Clearly Romney has the wealthy crowd in his pocket in this case cause they are scared their top tax rate goes from 35% to 39.5%(still the lowest rates in generations) with the Bush Tax cuts expiring. Seriously, thats chump change for high earners. If they cant handle a 4.5% increase, they really have more serious money management problems. But at least Romney doesnt pay that rate, he pays lower rates on his investment income. Of course that is if we could see his tax returns.... ? I say give the small businesses that create 2 of 3 jobs more help and better rates to corporations that create and keep jobs here is a great idea at least in theory. But obviously many large companies already find loopholes to write off various items, i.e. GE's $0 Tax Bill and the Billions in subsidies to oil companies. We need a tax overhaul that is fair. And not more of the same rhetoric and inaction. Congress needs to learn to Compromise. They work for us and not just the wealthy and corporations.

    August 6, 2012 11:21 am at 11:21 am |
  16. Joseph

    Romney requested 78,000 from me last month. I gave him nothing. For those making less than 50,000 per year and giving money to Romney because you "want my country back", who took your country away? why do you think Romney is morally and fiscally responsible? The republicans have tried to bankrupt our economy to regain power and you would give this power to them?

    August 6, 2012 11:22 am at 11:22 am |
  17. California Gary

    If the fat cats would invest that money in America instead of investing it in a loser of a candidate, we'd all be better off.

    August 6, 2012 11:23 am at 11:23 am |
  18. luke,az

    Like they say,Money can buy you school, but it can't buy you class. Gov. Romney certainly doesn't have any class. By the way SHOW US YOUR TAXES !!!

    August 6, 2012 11:28 am at 11:28 am |
  19. truth hurts

    contributed for the first time in my life to a presidential candidate. it was romney. i simply could not stand idly by and watch obama and the democrats destroy this country. another 4 years of obama and the democrats and it will be over.

    August 6, 2012 11:28 am at 11:28 am |
  20. george_w_tush

    This is exactly why he doesnt want to show his tax returns. He's in business w/the so called donors.

    Oddly, Republicans who want full access to your uterus think asking someone for their tax returns is overly intrusive

    August 6, 2012 11:31 am at 11:31 am |
  21. Ken

    Bought and sold to the highest bidder. Thank you so much, members of the Supreme Court!!

    August 6, 2012 11:31 am at 11:31 am |
  22. Critical Thinking

    It's pretty simple, if he had not paid taxes the guys at the IRS would have pulled him in years ago and I love it when Dems talk about his secret swiss bank accounts You mean the one he put down on his tax return and toold the IRS about, that secret account? Lets face facts, he paid all his required taxes, but dems don't want to really know if he did, they just want to cast suspecion to avoid the real inspection of President Obama's record. It's funny, prior to Obama this country celebrated success, now we villify it. I wonder why? Maybe because this President has never expereince real, earned success? Maybe because he is afraid to validate the notion that if you work hard you too can be successful? I really don't get this President. On average, a person who earns a million dollars a year pays 29% of that or $290,000 to the federal government in taxes. If I was the President, I would want more millionaires, not less of them. But that just me and logic talking.

    August 6, 2012 11:33 am at 11:33 am |
  23. v_mag

    Someone should make a simple calculation. Find out what the total gross income is of people making more than 250K. Multiply that by 35% to find out what they should be paying, in aggregate, if no loopholes were provided. Then compare that to how much the government is taking in from those folks now. Then subtract the amount those folks are getting from the government via subsidies and so forth. I'll bet it would be very instructive to find out just how much the rich are subsidized by the middle class.

    I'll bet there are lots of rich people, in and out of government, who don't want Rob-money's taxes examined, because of the outcry that would happen when the middle class is confronted with how much it is paying to support lifestyles of the rich and famous. Think the poor are costing you money? It's nothing to how much the rich and corporations are costing you.

    August 6, 2012 11:34 am at 11:34 am |
  24. cecil

    During the 2010 mid-terms the GOP campaigned fiercely on the platform of( job creation) and, as a result of such promises, the GOP gained the majority in the House of Representatives. As the new Speaker of the House, John Boehner made the welcome claim that the (primary goal of the Republican Party was to increase employment in the U.S.)
    Boener Lied!
    His exact words were: "We're going to have a (relentless focus) on creating jobs." they spend a few weeks spreading fairy dust about Keystone.
    So where are the JOBS...............it's not that easy is it?

    August 6, 2012 11:36 am at 11:36 am |
  25. Curt

    Too bad all these people donating hundreds of millions of dollars didn't just donate it to help the needy or pay down the country's debt. Here's a novel idea, what if the politicians just ran on their merits without all these donations. Probably not another country in the world where so much is spent on elections. Lets be honest, its just legalized corruption in alot of cases. Instead of getting money in a brown paper bag, special interest groups give candidates money so they can have their votes in their pockets. How dare some in the U.S. accuse other foreign leaders of being corrupt, look in the mirror.

    August 6, 2012 11:36 am at 11:36 am |
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