Obama campaign says it will be out-raised in June
June 20th, 2012
05:42 PM ET
8 years ago

Obama campaign says it will be out-raised in June

Washington (CNN) - The big bucks being raised by Mitt Romney and the pro-Republican independent groups aiding his bid for the White House are a major concern, say top members of President Barack Obama's re-election team.

And one of the officials says he expects Romney's GOP presidential campaign to bring in $100 million in June, out-raising the Obama campaign for a second straight month.

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"I think he's going to have a $100 million month this month, between him and the [Republican National Committee]," said the official, who, along with other top members of the re-election team, spoke to reporters on background Wednesday. "I think Romney's going to continue to have big months. Combine that with the super PAC stuff and we're going to be the first incumbent outspent. That's clear."

Romney and the RNC out-raised the president and the Democratic National Committee by more than $16 million last month. And independent pro-Republican groups such as Crossroads (co-founded by Karl Rove), Americans for Prosperity (funded by the Koch brothers), and Restore Our Future (the super PAC dedicated to electing Romney president), have outraised and outspent the pro-Democratic groups that support the president's re-election.

Obama campaign officials predict a total of $1.225 billion will be raised by Romney's campaign, the RNC, and pro-Romney independent groups. And that worries top re-election officials.

"The two things that concern me about this race are externalities that we can't control. One is super PAC spending," says one of the officials. "The fact that Romney and his assorted super PACs are spending $20 million in 10 days in the last couple weeks in June is a harbinger of what's to come."

"It's a source of concern and there's no point in being cute about it," added the official. "We're having to use our money to respond to super PAC attacks and that puts us at a disadvantage that Gov. Romney doesn't have in this race."

The officials also highlighted that much of the money raised on the Republican side goes to independent groups that legally don't have to disclose their donors.

"Three quarters of the money that's being deployed right now is undisclosed money. You have no idea who's writing those checks," said the official. "What is it that they're trying to hide from the American people?"

While super PACs report to the Federal Election Commission and are required by law to publicly reveal their donors, groups such as Crossroads GPS, which has gone up with tens of millions of dollars of anti-Obama ads in key battleground states, report to the IRS and are set up as non-profit 501(c)(4) organizations do not have to reveal their contributors.

On Tuesday, Obama's re-election campaign filed a complaint claiming Crossroads GPS is in violation of election law by not disclosing its donors. In a letter to the Federal Election Commission, a lawyer for Obama's campaign argued that Crossroads GPS is a political committee–not a charitable organization–and therefore should meet disclosure requirements.

"We're going to push through in the courts, if necessary, to get exposure," said the official, discussing their legal push. "We are going to try and make clear where this money is coming from, what the motivation of those donors are who are writing the checks."

Responding to the complaint, Crossroads spokesman Jonathan Collegio described it as a "goofy sideshow" and pointed to a group supportive of the president.

"Folks would do well to consider this a goofy sideshow until Obama sends the same letter to Priorities USA - the group modeled after Crossroads but which supports the president. Obama doesn't care about the campaign laws; he only cares about silencing conservative groups that are holding him accountable for his failed record," Collegio said.

Priorities USA, the pro-Obama group, is also a 501(c)(4) non-profit group that is not required to disclose its donors. Similarly, it's connected to a super PAC, Priorities USA Action, to which the Obama campaign has urged donors to contribute.

Regardless of their concerns, the re-election team is confident they can overcome their expected disadvantage on campaign cash.

"I think we have certain advantages that will allow us to overcome that. The president is a well known person in this country, he's got a big following. We've got a big organization. While we don't have $10 million donors, we do have millions of donors who are giving an average of $51 a piece, and will chip away at it," said one official.

"I think we'll have the resources to do what we think we need to do to win this election," added another official.

Also see:

Major GOP donor eyes $100 million in donations

Rubio to shelve GOP immigration plan

Romney credits governors with states' success

Sunny Romney predicts Wisconsin win

Filed under: Mitt Romney • President Obama
soundoff (91 Responses)
  1. Aaron

    It's obvious what the money is for. Who cares where if comes from. It's time for another change for the USA. Hopefully this time it will be better. I just wish that our government would work together to better the USA, instead of wasting time on political manuvering!!!!

    June 20, 2012 10:12 pm at 10:12 pm |
  2. Name tunji12

    This is not a fair games in politics I thinks we should be able knows who is donating the money

    June 20, 2012 10:13 pm at 10:13 pm |
  3. n

    Take a good long look America, are we going to let big money run our great nation to the ground or are we going to unite an send a loud resounding message to the 1%, telling them We the people elect our officials. And it's way more of us then it is them. Obama 2012, we got your back, front, your left and your right!

    June 20, 2012 10:18 pm at 10:18 pm |
  4. valwayne

    Obama is such a total hypocrite!! Remember that for a generation all Presidential candidattes had accepted public funding until Obama. He refused public funding because he decided he could outraise Sen McCain. Its Obama that destroyed public funding for Presidential campaigns. And you didn't hear any complaining 6 months ago when Obama was bragging he would raise a billion dollars, and had all those billionaires like George Soros supporint him along with the unions. Now that the Republicans are matching him dollar for dollar he has the never to complain after blowoing the lid off of everything in 2008. Obama started this money game, its a little late to be complaining because the other guy knows how to play too?

    June 20, 2012 10:21 pm at 10:21 pm |
  5. demsrule

    I'm just happy the Obama campaign has class and will not sell out for campaign favors. He'll win the old fashioned way- by everyday people contributing what they can.

    June 20, 2012 10:27 pm at 10:27 pm |
  6. Gurgyl

    Middle class America needs to send. I am sending to DNC.

    June 20, 2012 10:28 pm at 10:28 pm |
  7. MaryM

    Romney can raise a billion but Americans will not let him buy this election.

    June 20, 2012 10:29 pm at 10:29 pm |
  8. Harry

    They must be running scared of the horrible black man in office.

    June 20, 2012 10:34 pm at 10:34 pm |
  9. Kenny K

    The focus should be on what they are spending money on, not just how much was raised. As we all aware, $1 million can buy one house or many houses. One person, one vote.

    June 20, 2012 10:40 pm at 10:40 pm |
  10. M Gonzales

    Oh the Horror, the Democratic Party is on the wrong side for once when it comes to political spending.

    June 20, 2012 10:53 pm at 10:53 pm |
  11. brown pride

    The unknown donors are the scary ones they can come from foreign countries ww111 anyone

    June 20, 2012 10:56 pm at 10:56 pm |
  12. S.B. Stein E.B. NJ

    I don't object to people doing well. I just say that if you put money in your political mouth, then have the courage to say it is you. This hiding is just not good enough anymore. We need to know who is saying what given the large number of unthinking ideologues out there.

    June 20, 2012 10:56 pm at 10:56 pm |
  13. Spike2014

    Don' be so sure Romney's money is all coming from big corporations and the like. A lot is coming from independents who voted for Obama. I'm going to give what I can, which isn't much, but better than trying to afford another Obama term. I would end up on food stamps.

    June 20, 2012 10:59 pm at 10:59 pm |
  14. unheard

    The people that are backing the Republican candidate, doesn't even like him! They accept him because he's connected to money! We the people aren't as stupid as they think! United we stand divided we fall, so let's stand united and make our country strong again!

    June 20, 2012 11:11 pm at 11:11 pm |
  15. Obama Mama

    Money cannot buy you love, but it may buy Romney votes. I guess I need to send mine to Obama. Let's make it another record month. No, not by my measly donation, but the mass middle class. Maybe President Obama should do a bus tour instead of flying?
    Adelson the Casino guy is expected to give Romney 10 million dollhairs.
    I truely believe President Obama is trying to get us on track.
    I also believe that if Romney is elected it would be worse for those of us who really hold up the economy.
    Where are all those jobs that were going to materialize if the Bush tax break was given to the wealthy? hmmmmmm

    June 20, 2012 11:22 pm at 11:22 pm |
  16. barbara solomon

    God bless you because he need help we some jobs in macon ga.

    June 20, 2012 11:24 pm at 11:24 pm |
  17. Expat American

    Romney is raising money from wealthy Republicans who want a return to the failed Bush policies that protected them. But all the money is the world is not going to buy Romney a message that is in any way different from this. The middle class of America is not donating millions at a time to Romney – and it is the middle class who are not going to elect him.

    June 20, 2012 11:25 pm at 11:25 pm |
  18. lovetheusaorleave

    Wow how soon we forget it was Obama that got the Wall street $$ 4 years ago, and the democrats have always got the big donations from unions without ever having to disclose where it came from. Could it be Obama is not getting the money because of his failure as a leader? That is the real reason.

    June 20, 2012 11:39 pm at 11:39 pm |
  19. Lobo

    Obama is just whining because he doesnt have all the money this time! the people dont support failure and his four years is nothing but one big epic fail! SAVE AMERICA!! ROMNEY 2012

    June 20, 2012 11:54 pm at 11:54 pm |
  20. Bob

    This will continue. American's are sick of this corrupt administration.

    June 21, 2012 12:07 am at 12:07 am |
  21. georgewashington

    If the voters are stupid enough to swallow all the garbage the GOP is putting out then they will deserve Romney.

    June 21, 2012 12:26 am at 12:26 am |
  22. Donniek

    First time in 20 years? I am voting republican.

    June 21, 2012 12:27 am at 12:27 am |
  23. James

    This will be just like 1960. Kennedy outspent Nixon and yet it was a close election. That will be the same way this time.

    June 21, 2012 12:30 am at 12:30 am |
  24. Craig

    Like the economy, it appears Obama is spending more than he takes in and none of it is his money.

    June 21, 2012 12:32 am at 12:32 am |
  25. RudyG

    Hypocrisy run amok! If anyone thinks Obama is the poor little engine that could, and isn't lined with big Wall Street bucks I have some land I would like to sell you south of Key West!! And what happened with his big Hollywood crowd? No enthusiasm fellas??

    June 21, 2012 01:01 am at 1:01 am |
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