Washington (CNN) – Priorities USA Action, the independent super PAC supporting President Barack Obama's re-election bid, raised $4 million in May and more than $40 million this election cycle, a spokesperson with the group said Wednesday.
The $4 million haul in May is a higher total for Priorities USA than April, when the group brought in $1.6 million, and March, when they raised $2.5 million. The super PAC said Wednesday that fund-raising for June already appears to be outpacing May.
The group has so far spent $15 million to help re-elect Obama. The bulk of the spending from the pro-Obama group, which is run in part by former Obama White House aides, came in a five-state television ad campaign focusing on Mitt Romney's tenure as chief executive of Bain Capital. The group spent $10 million to air the spots in Colorado, Florida, Ohio, Pennsylvania and Virginia, all battleground states.
Additionally, Priorities USA spent $4 million to air Spanish-language spots in Colorado, Florida and Nevada, and $1 million for spots tying Romney to large oil companies that will air in Colorado and Nevada.
The spokesperson said Wednesday the organization plans to spend $25 million by the end of the summer on television ads.
GOP super PACs, including Restore Our Future and American Crossroads, have thus far out-raised Priorities USA this election cycle. Restore Our Future, a group created to help elect Romney, raised $4.96 million in May, according to documents filed with the Federal Election Commission Wednesday. American Crossroads, co-founded by Karl Rove, has not yet disclosed their May fund-raising figures.
May's increase in fund-raising for Priorities USA comes months after the president's re-election campaign announced it would urge donors to contribute to the group. The move in February represented a reversal of Obama's position on the third-party spending giants, which were made increasingly possible by the 2010 U.S. Supreme Court ruling on the Citizens United case.
Big money PAC's will be buying this election. This is terrible. How can Obama stand by quietly and let..... Oh wait.
"The move in February represented a reversal of Obama's position on the third-party spending giants, which were made increasingly possible by the 2010 U.S. Supreme Court ruling on the Citizens United case."
Since it is harder to see the difference between DEMS and REPUBS, maybe it is time for a 2nd political party in the US.
And more people feel this every election – join us! Those that DO get out and vote and do NOT vote Demo-Publican.
I will send to DNC.
no matter with you are repub or demo....we need finance reform!!!
It is very much short compared to the conservatives. They have so much more money than regular people. There a lot less wealthy liberals than the conservatives. They need to make every ad count.
Thank the supreme court for this disgusting amount of buying your election.
another day, another can of chicken noodle soup, another day listening to the lies of the king obama, another day that sees my dreams go down the toilet, another day that my kids suffer under the lies. someone needs to stop the madness, to many people suffer, it is time that those who are responsible feel the pain that we all suffer, but then again its just another day....of lies.