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. prince21

    People are going to vote for people who they believe will better serve their personal interests, which is the reason behind some billionaires donating so much money to Romney's campaign. If you think Romney will better serve you vote for him, but I really don't think that would do you any good. We need someone who will serve for the betterment of America. The choice should be clear.

    People don't realize that in the first 13 months of President Obama's presidency, we were still dealing with the effects of the Bush Administration. They also don't realize that it will take more than four years to fix a mess that it took 8 years to create.

    Obama may not be the perfect President but he is the best choice for our country right now.

    Romney just doesn't have what it takes to "save" the country.

    OBAMA 2012

    August 6, 2012 01:03 pm at 1:03 pm |
  2. don in albuquerque

    Just shows to go ya, "A fool and his money are soon seperated."

    August 6, 2012 01:03 pm at 1:03 pm |
  3. Mittens Rmoney

    Don't worry my rich friends, your contributions will be rewarded. When I'm elected you will all receive huge tax cuts that we will make the dumb middle class pay for.

    August 6, 2012 01:04 pm at 1:04 pm |
  4. Erik in Houston, TX

    Romney just anounced a second foreign trip where he'll accomplish something: Bermuda, Switzerland, Cayman Cook Islands, Islands, and Nevis – just needs to check on his hidden monies so he continues to not pay taxes for another 10 years.

    August 6, 2012 01:05 pm at 1:05 pm |
  5. REG in AZ

    There is no doubt what "the money" wants and that, with there own interests tied tightly to it, they will give the mega-millions to Romney and the Republicans to pay for the conning of the people and the manipulation of public opinion. They want to assure a return to "more of the same", Bush-Cheney style, to once again have government totally concentrate on serving the interests of the 1% while giving the 99% only apathy, neglect, the costs and an abundance of subterfuge to rationalize what they do and deceive the majority. If any could doubt it, then all they have to do is go over the reality of everything – what have (haven't) the Republicans done for the people? what have they consistently done for "the money" (their strong supporters and masters)? how have they consistently deceived the public with their propaganda (including focusing on faulting "big government", when permitted exploitation by "the money" is what really caused all of the problems)? how all of their candidates are just "puppets" for "the money" who they serve? how they coerce and intimidate their own to assure unity behind "the money's" interests? and now how the money is providing the mega-millions to pay to con the people and manipulate public opinion (as they did to manipulate the Evangelistic Christian, with the Swift-boat propaganda, with the Tea Party movement and in the recent Wisconsin recall election? the total of the facts leaves no doubt!

    August 6, 2012 01:06 pm at 1:06 pm |
  6. Oh Boy

    And wheres the money coming from? The middle class who cant afford to pay this Candidate and his money lovers? Wake up people!!!!

    August 6, 2012 01:07 pm at 1:07 pm |
  7. malcolm Spence

    clearly the one per centers have more money than they need. Let's tax 'em some more.

    August 6, 2012 01:07 pm at 1:07 pm |
  8. Fair is Fair

    cali girl

    Meg Whitman, an ex Bain employee and personal friend of Robmey, had an all out war to get the California Governors seat with her millions used for the campaign. She didn't win.
    -----–
    Meg Whitman was a republican trying to win statewide office in a heavily democratic state. That's VERY different from trying to win national office in what's very much a center-of-the-road country.

    August 6, 2012 01:07 pm at 1:07 pm |
  9. California Gary

    Let me pose this question: If things are so bad under Obama, how is it these donors can afford to give such large sums of money to what is a longshot campaign at best?

    August 6, 2012 01:08 pm at 1:08 pm |
  10. UsetheMoneyMoreWisely

    It is amazing how people can pour money into politics and all their crappy advertisements (that I wish were just done already). But yet trying to get aide and money to those in need is so difficult. How about sending the $175 Million raised the past month by both parties to help out the farmers and those hit hard by the drought.

    August 6, 2012 01:09 pm at 1:09 pm |
  11. connieb

    Is this supposed to make me like him more? I just find it disgusting.

    August 6, 2012 01:11 pm at 1:11 pm |
  12. CBR

    The money raised to promote these two candidates is outrageous. Romney has the #100 million plus the PAC's on his side are making money hand over fist because folks can donate to them and their names will never be released. This practice will damage this campaign. There are so many charities that need an infusion of cash to continue their work. Wouldn't it be nice if half the money went to help others.

    August 6, 2012 01:15 pm at 1:15 pm |
  13. JeanneLH

    tom balph...you are so right. Think about all the people that could be fed and clothed with all those billions...

    August 6, 2012 01:15 pm at 1:15 pm |
  14. REG in AZ

    The deficit, government spending and “big government” haven’t caused our problems and constantly harping on them as if they did, is really a distraction, no doubt intentionally, from what did cause the problems. To reduce government spending and the deficit are important goals but by themselves they won’t even address the negatives that did cause the hardships. In every case our economic downturn was precipitated by run-away greed, gross dishonesty and self-indulgence where “the few” took advantage and created negative pressure on the very industries they depended on for their substantial gains. Excessive deregulation, lax enforcement, little oversight and permissive policies provided the opportunities and that actually made the “puppet” politicians, who cater to “the money”, the responsible parties. We have experienced the repeated crises in savings-and-loans, banks, dot.coms, the mortgage, financial and investment industries as well as corporate corruption (like Enron) and industrywide failures (like the auto and financial industries), always with “the few” walking away with substantial profits and the costs being left to the majority.

    Calling those policies “conservative” is really a disguise for feeding the insatiable “more” (never enough) appetite of the 1% and is seeking to allow it to continue unabated. It has drastically impacted our economy, and no doubt the worldwide economy, and those benefitting are making an all out effort with their mega-millions to con the people and manipulate public opinion in order to have their “puppet” politicians in power and to maintain their irrational advantage. It is up to the voters, and they really don’t have to be “liberal”, just rational and objective to see through the subterfuge that is victimizing them and to firmly reject the “puppet” candidates, no matter how strong the propaganda is to do otherwise.

    August 6, 2012 01:15 pm at 1:15 pm |
  15. modvoice

    That's a lot of campaign cash. As for the tax returns, one does not have to be a genius to know that the Obama
    Adminstration controlled IRS has provided the Obama campaign with Romney's entire tax history. It has been poured over with a fine tooth comb. They have the last 90 days of the campaign built around casting one accusation after another until election day to distract from the economy and smear Romney. If you do not think the Obama Campaign already has those tax records than you are just plain nieve. I fully expect that if Romney does not release them, there will continue to be "bain employees" that leak information to politicians and the media. What a sad joke this President and his team have become...to think I ever supported it sickens me...TOTAL FAILURE for American labor..unless you are "Organized Labor" and live in a swing state....How many free trade agreements have you signed Mr. President? And his campaign calls Romney an Outsourcer when Obama signed and persued the very agreements that ship our jobs out...you are a joke and an embarrassment to American Labor except the ones who finance your campaign and claim to represent us...JOKE!!!

    August 6, 2012 01:16 pm at 1:16 pm |
  16. Fortinbras

    Bought and payed for, several times over. That citizens united law has to go!

    August 6, 2012 01:20 pm at 1:20 pm |
  17. Peggy Munro

    He bought the nomination so now he could buy the presidency but he has to ask the sellers first.

    August 6, 2012 01:21 pm at 1:21 pm |
  18. When the US sneeze Canada gets the Cold

    1: One can buy the election as Romney is doing so well.
    2: One cannot run a Government as one do a cooperation
    3: Vote Romney and you get the government you deserve.
    4: Just imagine all the favours Romney will have to "pay back"
    5: I thought USA was a democratic society?????????
    So far I do not see democracy at work. This election will be another "stolen" election.
    Just from a Canadian perspective.

    August 6, 2012 01:28 pm at 1:28 pm |
  19. Etch-A-Sketch Mitt RobMe Out-sourcing-Jobs Outsourcing-his-Money and Outsourcing America

    NEWS FLASH: BAIN CAPITAL change their corporate name to MITT ROBME PRIVATE EQUITY CORPORATIONS...the rich are now investing their money, with the hope of getting more TAX CUTS on top of GW BUSH TAX CUTS!!!!

    Mitt Robme TAX PLAN...cutting marginal rates to 20% and ZEROING OUT (0%) on ALL INVESTMENT TAXES (mitt robme paid 13% in 2010, now he wants to zero it out to 0%)....while putting the burden of PAYING MORE TAXES & TAX INCREASES ON THE MIDDLE CLASS....YOU PAY MORE to fund MITT ROBME and his RICH FATs TAX CUTS!!!!

    call me stupid...but this idiot mitt robme is now taking investment money so he can rob the poor to pay back the RICH later!!!!!

    August 6, 2012 01:31 pm at 1:31 pm |
  20. Fortinbras

    Now the swing states get Romney repeating the same song and dance 24/7, talking a lot and saying nothing.

    August 6, 2012 01:33 pm at 1:33 pm |
  21. Babe

    The figures are interesting. Supposedly 95 percent of the donations, according to the Romney people, were $250 or less. I suppose that is to make his following appear to be grassroots. But even if every one of these 95 percent gave the full $250, the total would be only $15 million. Thus the real story here is that 5 percent of Romney's donors gave a whopping $85 million, reinforcing the fact that Romney's candidacy is fueled by the super-rich.

    August 6, 2012 01:33 pm at 1:33 pm |
  22. Paul Checketts

    How is Romney going to carve up the favors? The church 80%? Koch bros 2%, and so on?. Musn't leave out the ANP.

    August 6, 2012 01:34 pm at 1:34 pm |
  23. WhereIsPalin

    40 bucks every second of every minute of every hour of every day for one month for one candidate for one election. WOW

    August 6, 2012 01:36 pm at 1:36 pm |
  24. Bobbie

    Amazing....a lot of posts here are stating that the rich are the ones giving to Romney. Just a quick rough calculation $250 per person X 600,000 = approx. $150Mil of the total $185Mil. How is it that the rich are the ones driving his campaign? Looks to me like the bulk of his donations are for <$250.

    August 6, 2012 01:40 pm at 1:40 pm |
  25. MIddle Class?

    Do we still have a middle class? I keep trying to find them. Everyone claims to be middle class, but can you call yourself middle class when you work 60+ hours a week or have two jobs.

    We are in such servitude we don't even recognize it. We've bought into "working hard" & "hard worker" "Work for what you have and work hard". Do these things really apply when costs are rising, hours and number of jobs a person needs climbing and health along with your general well being are in serious decline?

    ****Crack**** Better get to work so you can afford to drive to your job everyday, pay your insurance, keep the lights on and buy your unhealthy processed food while television tells you just how bad it is for you.

    So lame!

    August 6, 2012 01:45 pm at 1:45 pm |
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