More than $60 million raised in support of Obama's re-election
June 20th, 2012
05:50 PM ET
10 years ago

More than $60 million raised in support of Obama's re-election

Washington (CNN) - The Obama re-election campaign and a separate party committee supporting its effort raised $63.6 million in May, according to financial disclosure reports filed Wednesday with the Federal Election Commission.

Romney's campaign reported in its FEC filing raising $23.4 million and having just under $17 million cash on hand.

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Earlier this month the Romney campaign said it had raised $76 million along with Romney Victory, a joint fund-raising effort with the Republican National Committee. The affiliated committee won't officially disclose its numbers until July 15th, making it impossible to fully compare the financial status of the two campaigns.

The $76 million figure marks the first time Obama's re-election effort was out-raised by the Republicans. Democrats point out May was the first full month when Romney was the presumptive nominee and therefore Republican donors were crystallizing around him.

The Romney campaign earlier said the joint GOP effort ended May with $107 million cash on hand.

When added together, the Obama campaign and its joint Victory Fund with the Democratic National Committee reported $114 million cash on hand at the end of last month. The money is divided between the re-election campaign, the Democratic National Committee and affiliated Democratic state parties.

The Democratic effort spent just over $5 million more than they took in.

May included a highly publicized fund-raiser for the president at actor George Clooney's home, an event that helped Team Obama surpass its April total.

The Obama re-election campaign reported more than 572,000 people had contributed to its various fund-raising efforts, with 98% of the donations less than $250.

Team Romney said 93% of its contributions were less than $250.

Small donors are critical to each campaign since they can make multiple donations, and are seen as representative of support from the parties' activists.

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: 2012 • Fundraising • President Obama
soundoff (7 Responses)
  1. obama victin

    elections bought and paid for......did someone say something about "hope and change"???

    June 20, 2012 06:06 pm at 6:06 pm |
  2. Obama 2012 - BEND Forward America, take another 4 long years of FAILURE

    Looks like the billion dollar Obama Smoke and Mirror Plan is going to have to be reduced!!! Maybe he just needs to live in California for the next 4 months and hold celebrity events every evening to get enough money?? I mean he or Crazy Joe are there every other day shaking them down for money, it might save on airfare.

    June 20, 2012 06:13 pm at 6:13 pm |
  3. 2012liberal

    By the way do u 99% know romney's got a $77,000 tax break on their dressage horse? 1% and gop will say dont blame the person blame the system. It's legal. Romney's say they r an LLC. Corperations r people 2 my friend. Wt§ do u think 1% r spending so much $ 4 romney and gop? They dont want system fixed! It works grt 4 them. DUH!

    June 20, 2012 06:30 pm at 6:30 pm |
  4. Name willardbullock

    Kick out of presdient obama 2012

    June 20, 2012 06:31 pm at 6:31 pm |
  5. Gurgyl

    I shall send my contribution for this nation, for middle class america.

    June 20, 2012 08:58 pm at 8:58 pm |
  6. S.B. Stein E.B. NJ

    I wonder really how many people gave to Romney... It stated how many gave to Obama, but where was the number for Romney?

    June 20, 2012 11:02 pm at 11:02 pm |
  7. Lobo

    he will not out raise romney. people dont support failure. the only reason celebs support this failure is to get their name in the news.

    June 21, 2012 12:01 am at 12:01 am |