Romney pulls in $7 million on East Coast fund-raising swing
August 19th, 2012
09:38 AM ET
2 years ago

Romney pulls in $7 million on East Coast fund-raising swing

(CNN) – Mitt Romney's weekend swing through some of the country's toniest zip codes netted the presumptive GOP nominee a cool $7 million, his campaign said Saturday, though Romney himself said he'd rather be out on the stump than talking to donors.

"That's a challenge with a president who blew through the federal spending limits," Romney said aboard his campaign plane Saturday, as he hopped between two Massachusetts vacation spots, Nantucket and Cape Cod. "It means that campaigns now have to spend a disproportionate amount of time fund-raising. You appreciate all the help you get, but you wish you could spend more time on the campaign trail."

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In 2008, then-candidate Barack Obama broke all fund-raising records, bringing in roughly $750 million to his campaign coffers. He was accused by his challenger, Sen. John McCain, of breaking a promise when he announced in June 2008 he would forgo the $85 million in public funds available to presidential candidates – and consequently free himself from federal campaign spending limits. McCain accepted the federal funds and stayed within the federal spending restrictions.

Romney's effort has out-raised the Democrats for the past three months, including in July, when his campaign and the Republican National Committee brought in a total $101.3 million.

On Friday and Saturday, Romney boosted the campaign bank account with events in Southampton, New York, and in Martha's Vineyard, Nantucket, and Cape Cod, Massachusetts.

On Friday, Romney shared coconut shrimp skewers and duck samosas at the Sebonack Golf Club on the eastern end of Long Island with campaign supporters, including Woody Johnson, the owner of the New York Jets, and Steve Ross, who owns the Miami Dolphins. The fund-raiser brought in $3.25 million for the Republican candidate.

Saturday saw Romney island-hopping off the coast of Massachusetts, hitting fund-raisers on Martha's Vineyard ($2,500 for the reception, $25,000 for a photo, $50,000 for the VIP event), Cape Cod ($25,000 for a photo, $50,000 for VIP reception), and Nantucket ($2,500 for cocktails, $10,000 for the VIP reception).

Hosting the events were some prominent Republican backers: Jack Welch, the former chairman of General Electric; former Senate Majority Leader Bill Frist; and Bill Koch, a businessman whose brothers Charles and David are major backers of conservative and libertarian causes.

Obama is himself no stranger to high-dollar fund-raisers, including in some of the country's ritzier neighborhoods. Earlier this year he brought in an estimated $15 million at George Clooney's home in Los Angeles, and he attended a high-dollar event at Sarah Jessica Parker's townhouse in New York City's West Village in June, bringing in an estimated $2 million.

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Filed under: 2012 • Fundraising • Mitt Romney
soundoff (40 Responses)
  1. NOT a Government Dependent

    Yeah, Obama lied to the American people when he said he'd take public funding then refused it and raised massive amounts of money in 2008. He said he would raise over $1 BILLION this time but has had trouble doing that considering his 4 years of failure. Not as many people are doubling down on failure and willing to pay for it. People are instead investing in people with REAL SOLUTIONS, ROmney/Ryan.

    August 19, 2012 09:43 am at 9:43 am |
  2. GOP is for the rich

    & million dollars.....that's a lot of favors to give....if he wins.

    August 19, 2012 09:48 am at 9:48 am |
  3. T'sah From Virginia

    ►Mitt Romney's weekend swing through some of the country's toniest zip codes netted the presumptive GOP nominee a cool $7 million, his campaign said ◄ DON'T BELIEVE THE HYPE!!! This time it is Koch donating the money (last time it was most likely Abelson) and next it will be Limbaugh, Rove, Fox, etc. Their goal is to donate in stages in order to PAD Romney's funds over a period of time. There are not that many crazy people on the east side – or even in this country – that would give that much money to Romney... PERIOD!!

    WAKE UP AMERICA!!!

    Obama 2012 – The Only Trusted Way Forward!!

    August 19, 2012 09:49 am at 9:49 am |
  4. GOP is for the rich

    (corrected):7 million dollars....that's a lot of favors to return....if he gets elected(which he will not). The 'job creators' should have used that money to create jobs instead!

    August 19, 2012 09:50 am at 9:50 am |
  5. GOP is for the rich

    To: 'Not a Govt. dependent'.....Two things....
    First: Where are these supposed solutions? Romney will give NO details, other than destroy medicare and give tax breaks to the rich. We are just supposed to trust him.

    Second: Don't brag for, one day, you just might be a govt. dependent!

    August 19, 2012 09:56 am at 9:56 am |
  6. Tom E Pell

    Mitt Romney is the only American presidential candidate who has ever left the US to garner campaign contributions from foreign citizens. Using foreign contributions in any American election is a felony.

    August 19, 2012 09:56 am at 9:56 am |
  7. Namejkane fl SEND THE THREE TIME LOSER romney HOME AND MAKE IT FOUR.

    It's funny that the Gop bafoons party keeps dumping money down the toilet on a tax cheat loseing ticket romney a one term failed gov of mass ,and a teaparty extremest who has block all jobs bills and now wants to dismantle all social programs and give the soc sec trust fund to wall street ,so his cronies can make a buck off it at your exspense .Ryan almost got indicted in wis .for excepting 60,000 from a casino mogeland had to give it back went the feds showed up !!!! You want to vote for these tax cheats and crooks , go ahead ,a waste of your vote !!!!

    August 19, 2012 10:00 am at 10:00 am |
  8. betty

    I don't care how great he is. He is not qualified to govern our country. I have always voted Republican but not this year. I will stay home before I vote for a non-Chrstian. What were the Republicans thinking?? And now he has chosen a non-Christian as a running mate. Is this a joke?

    August 19, 2012 10:01 am at 10:01 am |
  9. g s

    Want to see the real death panels? Send a 70 year old struggling with cancer to the private insurance market and see what care they're offered by "the market".The Romney-Ryan plan, by contrast, achieves its savings by turning Medicare into a voucher whose value doesn't keep up with expected increases in healthcare costs – thereby shifting the burden onto Medicare beneficiaries, who will have to pay an average of $6,500 a year more for their Medicare insurance, according an analysis of the Republican plan by the non-partisan Congressional Budget OfficeThe Romney-Ryan plan uses the savings to finance even bigger tax cuts for the very wealthy

    August 19, 2012 10:02 am at 10:02 am |
  10. CanadaONE

    LEARN HOW TO SAVE ON TAXES !

    Contact Romney and he will show you how to save on American taxes – Yes the USA can live without taxation – you might end up being a third world country but that is OK – the good news is that just like Romeny you have AVOID paying AMERICAN taxes

    WOW this guy does not want to pay AMERICAN taxes but he has no problem collecting campaign contributions – IS THAT NOT A FORM OF TAXATION i.e. taxing the rich to control the middle class and the poor

    August 19, 2012 10:02 am at 10:02 am |
  11. Darryl

    How funny, Not all the money in the world can BUY the U.S. period. And to put a Wallstreet Financial Banker ceo & a T-Party Republican ( Ex-tremist ) in control of the country and in the W/H ? LOL...LOL.... too funny ! That will never happen anytime soon. The people of this country are 97% blue collar middle class workers & the poor trying to get above poverty will soon rise up and they will have the last word on election day November 6th. President Obama will be re-elected ............No doubt about it. Mitt Romney needs to go back to Wallstreet and Paul Ryan needs to ? Well, just GO anywhere but back to Congress !

    August 19, 2012 10:07 am at 10:07 am |
  12. Marie MD

    @tomepell, the bully bishopand the teapublikkklans are doing a LOT of things that are against the law. They are using 10 cases of voter fraud to keep seniors, black seniors, from voting.
    One of the reps even said that this would seal the nomination for the flip flopper I believe in PA? Then you have the one in Ohio shortening the voting hours in mostly blue precincts but that has been removed from the plane.
    The more money this twit gets the more favors he is going to have to return to his mega rich contributors. That means that the middle class and the poor will get screwed even more! Way to buy an election.

    August 19, 2012 10:07 am at 10:07 am |
  13. SafeJourney

    Raise all the money you want Robme, Americans will not let you lie and buy this election.

    August 19, 2012 10:08 am at 10:08 am |
  14. GOP is for the rich

    How can these idiot tea-baggers profess to love the country while hating the government? The country IS the government....and the government IS us! When you hate the government, you are hating yourself!

    August 19, 2012 10:09 am at 10:09 am |
  15. Anthony

    Romney has all the money in the world, but no plans to run on. It is his fault. Like his tax returns, he won't tell us.

    August 19, 2012 10:14 am at 10:14 am |
  16. 1Joyce

    To GOP is for the Rich: Obama outspent McCain 4 to 1 in the last election. I don't hear anyone complaining when Obama gets millions from the Hollywood crowd. I don't hear any complaints when Obama gets millions from the Unions. NOW Obama is out there campaigning and pointing out how much Romney is getting in donations. So devisive. What a whiner.

    August 19, 2012 10:14 am at 10:14 am |
  17. GOP is for the rich

    @gs.....you are right. Plus, if they repeal 'Obamacare', the minute that person gets cancer, their insurance company can, and will, drop them! No new insurance because of a 'pre-existing condition' too!

    August 19, 2012 10:16 am at 10:16 am |
  18. sbul

    Too bad these guys can't funnel this money to help the government pay down the debt instead of using it to fly around the country, buy fancy clothes (think Sarah Palin), eat out and basically have great time without having to pay taxes on any of the money. Perhaps we should tax political contributions and make the candidates pay taxes on their "contributions" . However it would be better if the "donors" just paid that money to the feds to pay down the debt if they are so concerned about it.

    August 19, 2012 10:23 am at 10:23 am |
  19. cbnash

    Betty..and a community organizer is?

    August 19, 2012 10:23 am at 10:23 am |
  20. GOP is for the rich

    @ 1Joyce.... the difference is, in 2008, there was a limit to the amount one person could give. Pres. Obama's money came from a LOT of people! Now, one billionaire can give millions. Don't you see how dangerous that is?
    You need to start thinking a bit and stop being 'foxwashed'!....and, really, isn't name-calling immature?(look up the definition of devisive)

    August 19, 2012 10:33 am at 10:33 am |
  21. GOP is for the rich

    @cbnash....to answer your question....YES!

    August 19, 2012 10:35 am at 10:35 am |
  22. myviewis

    GOP is for the rich

    & million dollars.....that's a lot of favors to give....if he wins.
    -------------------

    Not even as much as Obama in 2008.

    August 19, 2012 10:36 am at 10:36 am |
  23. SafeJourney

    Ryan flew out the L.V. to kiss the feet of Adelson who is under investigation for bribery and fraud

    August 19, 2012 10:37 am at 10:37 am |
  24. myviewis

    GOP is for the rich

    How can these idiot tea-baggers profess to love the country while hating the government? The country IS the government....and the government IS us! When you hate the government, you are hating yourself!
    -------------------–

    The country are the PEOPLE and We the PEOPLE support the government. Without us the PEOPLE putting tax money into the Government there would be no Government. The government is not a business, it does not make money, it is not retail. Government lives on our money.

    August 19, 2012 10:39 am at 10:39 am |
  25. Anonymous

    "People are instead investing in people with REAL SOLUTIONS, ROmney/Ryan."

    Care to list those solutions? I only ask because I'm curious how you can think that the Ryan budget - which indeed Romney has accepted as his very own plan and isn't any different than that which Ryan gave full support of during GWs eight years, can and will be different this time around? Ryan helped create our fiscal cliff of financial destruction, and here you are suggesting it'll all turn itself around ... if only we didn't have the eight year Bush debacle to use a reference.

    August 19, 2012 10:41 am at 10:41 am |
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