Romney to hit New York fundraising circuit
April 24th, 2012
01:08 PM ET
11 years ago

Romney to hit New York fundraising circuit

Washington (CNN) – Beginning Wednesday, Mitt Romney will hit the New York fundraising circuit as his campaign hopes to make a dent in the large cash advantage enjoyed by the Barack Obama re-election team.

The president's re-election campaign has about a 10-1 advantage ($104 million to $10.1 million) over Romney when looking at campaign cash on hand, according to recently filed reports.

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The major event on tap is a breakfast Thursday morning in Manhattan, with an audience of approximately 1,000 donors. The reception will feature a cross-section of donors - from Wall Street and the financial sector as well as the legal community and others - instead of a concentration from one sector, according to a source familiar with the event.

Proceeds from the breakfast will go to the Romney Victory fund, a new coordinated effort between the campaign and the Republican National Committee. Donors to the fund can legally give up to $75,800, because proceeds can benefit not only the Romney team but also the RNC and state parties.

Over two days, according to a campaign aide, Romney will attend six fund-raisers in New York and New Jersey. One of those will be Wednesday at a private home, and will benefit New Jersey Republican senatorial candidate Joe Kyrillos.

"Each fund-raising event is important as we go towards the general election. He has been having much success in fund-raising," said Phil Rosen, a major Romney contributor and co-host for the breakfast event. "There are two pieces of the puzzle: Extreme dissatisfaction with President Obama. Second part: giant appeal of Gov. Romney on all aspects of the presidency."

Besides the major breakfast, the other campaign fund-raisers are smaller lunches and dinners.

In total it is estimated Romney will bring in at least a million dollars for the campaign from the New York events and possibly more, according to a source familiar with the events.

Romney is expected to have a busy fundraising scheduled over the next month according to published reports showing him attending at least six money events. Several of them scheduled to coincide with primaries in the upcoming states of Indiana and Nebraska. Since Romney will still need delegates to formally capture the Republican nomination, he will still have to make campaign appearances in upcoming contest states.

"My belief he will not have issues raising money as he goes forward," said the donor Rosen, co-chairman of the Republican Jewish Coalition.

Filed under: 2012 • Fundraising • Mitt Romney • New York
soundoff (17 Responses)
  1. cali girl

    Good luck, the New Yorkers already gave big to Obama.

    April 24, 2012 01:15 pm at 1:15 pm |
  2. Rudy NYC

    "The president's re-election campaign has about a 10-1 advantage ($104 million to $10.1 million) over Romney when looking at campaign cash on hand, according to recently filed reports."
    What abou the superPACs, though? The figures for the superPACs are triple what those are. Plus, they are swapped with Mitt Romney friendly superPACs far out in front. Romney's support money most will come through undisclosed those channels, Republicans cannot compete above board, out in the open.

    April 24, 2012 01:16 pm at 1:16 pm |
  3. Rudy NYC

    I hope he secretly tapes a segment or a skit for Saturday Night Live. Well, at least I hope that he rehearses for one. I think they could have a lot of slapstick fun with a stiff walking candidate.

    April 24, 2012 01:25 pm at 1:25 pm |
  4. willis

    Bishop, you gettin real popular wit da Ladies, They be lovin all up in you.

    April 24, 2012 01:27 pm at 1:27 pm |
  5. Dave

    Can a bishop get all up in their with some hefty donations to go right in my secret Swiss Bank accounts???

    April 24, 2012 01:32 pm at 1:32 pm |
  6. NotFooledByDistractions

    Wow, what a surprise, Romneys looking for money in NYC. Those are his people – they are his primary source of campaign funding. Where's the news in that? The wealthy hedge funders, wall streeters and banksters are his base – his primary source of donations. Hmm...I wonder who's interests Willards will be looking out for if elected? It doesn't take a genius to figure that out.

    The republicans have nominated a full-fledged "elitist". Funny, they were sooooooo offended by Obama's supposed "elitism" in 2008. It prompts the question...Where's their outrage?

    April 24, 2012 01:34 pm at 1:34 pm |
  7. Dave

    After that, Good luck with donations from the Liberty U students!

    April 24, 2012 01:41 pm at 1:41 pm |
  8. Sniffit

    Yeeeeeeehaw!!!! Ride on Deputy Doublethink!!!!

    April 24, 2012 01:42 pm at 1:42 pm |
  9. Dave

    Thou shall join my quest & donate to MORMON / JACK MOMON 2012 Romney & Rubio

    April 24, 2012 01:43 pm at 1:43 pm |
  10. GI Joe

    Gotta remind those Wall Street guys that he is the one that will ease those nasty regulations and let them run wild like seniors in college at the last frat party (Our tax dollars will bail them out agin - won't they?).

    April 24, 2012 01:45 pm at 1:45 pm |
  11. Lynda/Minnesota

    "Besides the major breakfast, the other campaign fund-raisers are smaller lunches and dinners."

    Hope the lunches and dinners are cookie free. Can't have Mitt snubbing his nose at catered cookies again. First time didn't go over too well for him.

    April 24, 2012 01:57 pm at 1:57 pm |
  12. Woman In California

    This term VICTORY bothers me. Proceeds from the breakfast will go to the Romney Victory fund

    Victory: the overcoming of an enemy or an antagonist 2: achievement of mastery or success in a struggle or endeavor

    Which is it Willard? Do you see the POTUS as an enemy or antagonist? Both are UNAmerican and portray you as such. Further, YOU have not achieved anything yet nor will you if the American people are ALLOWED to vote. As far as attending six fund-raisers in New York and New Jersey. I heard you tire easy. Maybe you should stay home and take it easy afterall, we all know you're not used to working.

    April 24, 2012 02:09 pm at 2:09 pm |
  13. Tom

    Here is the outside the box gut feeling of the day. Huntsman, leaving Gop...... 3RD Party, dont doubt it. His Mormon father is worth almost 2 BILLION. This can happen. Although I not want. He dont need donations with that kinda cake from ELDER Huntsman, man if that happens, we ALL gotta boycott The BIG MAC, actually the CLAW, ......TBC

    April 24, 2012 02:10 pm at 2:10 pm |
  14. Larry L

    I think this is where Romney tells everybody he is Jewish...

    April 24, 2012 02:18 pm at 2:18 pm |
  15. The Real Truth and Nothing But the Real Truth

    A lot of Obama's 2008 big money donors haven't been contributing to him this time around. I wonder why those evil rich people are doing that?!! hahahaha... I'm sure Romney will have much better luck with his very positive economic message and lack of divisive class warfare rhetoric.

    April 24, 2012 02:38 pm at 2:38 pm |
  16. Little Jimmy Truth

    Don't invite Robert De Niro. He told tale about joking white first lady. Then Michelle Obama loved and applauded it. Both didn't want to welcome any white to White House.

    April 24, 2012 02:39 pm at 2:39 pm |
  17. FED up

    the real deal here, that many fail to see, is Romney and Obama will be receiving most of their money from the same groups. Most corporations and special interest groups back both sides to ensure their dominance over our government. Both are Goldman Sachs candidates. If you really look and compare they both have very similar policies as well. Ron Paul is the only candidate whose campaign is almost entirely funded by regular American citizens and American soldiers. The Ron Paul Campaign along with Revolution Pac can raise millions in one day. Even if Romney manages to win the GOP he still, along with Obama, has to have the independent vote to win this election. Ain't happening guys. RON. PAUL 2012!!!.

    April 24, 2012 02:42 pm at 2:42 pm |