Romney's June fund-raising tops $100 million
July 5th, 2012
03:40 PM ET
11 years ago

Romney's June fund-raising tops $100 million

(CNN) - Mitt Romney's campaign said Thursday they had a behemoth fund-raising month in June, bringing in more than $100 million, two Republican sources confirmed.

The amount, which includes money raised by the campaign along with the Republican National Committee, far surpasses his May fund-raising haul of $77 million.

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In the last month, Romney has made several big fund-raising trips, including stops in California, Oregon, Washington and Texas. In the Lone Star State, alone, he was expected to have raised $15 million in his two-day trip.

Also in June, he was expected to have had his highest day ever while in his native state of Michigan for a pair of fund-raising events on June 20, raising between $6 and $8 million.

And the campaign underwent a fund-raising boom in the hours after the Supreme Court ruled to uphold the controversial health care law that Romney and Republicans vehemently stand against. Less than 24 hours after the high court announced its decision, Romney's camp took in more than $4.6 million online from over 47,000 contributors.

Obama's team has repeatedly said they expect to be out-raised by Romney in June, with some campaign officials even predicting Romney would hit the $100 million mark.

"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," one official, who, along with other top members of the re-election team, spoke to reporters on background in mid June.

It is likely that this will be the second month in a row the presumptive GOP nominee takes in more cash than the president. In May, the Obama Victory Fund brought in $60 million.

The Republican effort said they ended May with $107 million in the bank. Obama's campaign finished the month with slightly less than $110 million.

Ben LaBolt, a spokesman for Obama's campaign, reacted to Romney's fundraising numbers, saying, "Mitt Romney is trying to distract from a week when he took contradictory positions on the freeloader penalty in the Affordable Care Act and we learned more about his offshored finances in Switzerland, Bermuda, and the Cayman Islands.

"Americans are less concerned about how much money he raised to get himself elected and more interested in what he would do after repealing health reform, which he has refused to share, and why he won't disclose the necessary tax returns that prove whether or not he paid any U.S. taxes on his shell corporation in Bermuda," LaBolt continued.

Both campaigns have until July 15th to officially report their fund-raising numbers to the Federal Election Commission.

Politico was the first to report Romney's numbers.

- CNN Political Editor Paul Steinhauser and CNN Chief Political Correspondent Candy Crowley contributed to this report.

Filed under: 2012 • Mitt Romney
soundoff (32 Responses)
  1. Myviewis

    There is nothing wrong with a black president, the problem with Obama is that he is not qualified academically and he lacks experience. This is a man that never ran a government office be it state, city and it turns out he had a short 4 year lawyer career and even allowed his law license to expire in 2002 all the while talking about himself as if he were a practing lawyer and turns out he taught part-time at the university and was a community organizer but even that seems part-time. Don't play the race card when our economy is in severe trouble and the man at the White House is in over his head, be he black or white.

    July 5, 2012 05:27 pm at 5:27 pm |
  2. Claudia, Houston, Tx

    These big donors are more interested in restoring The Grand Old Party that doesn't look so Grand anymore since it was hijacked by the "teabaggers". These big donors are telling the "teabaggers" either shut up or put up.

    July 5, 2012 05:28 pm at 5:28 pm |
  3. John the Historian

    Will Willard just concede defeat now. Despite all the money from Cayman islans and Switzerland Willard will stil lose in a landslide. Next time he needs to travel to the planet kolob and get more money from the polygamist Jesus Christ and the murderer Brigham Young and the bank fraudster and polygamist Joseph Smith. By the way sell those gold tablets for some extra spending money.

    July 5, 2012 05:29 pm at 5:29 pm |
  4. MBSeattle

    The Best goverment big business can buy. You don't think these investors in Romney want anything? To the middle class need to hang on to your wallets or we will be bailing out the banks and Wall Street again.

    July 5, 2012 05:30 pm at 5:30 pm |
  5. cobra129

    Guess its not so much Pro-Romney but more anti-obama

    July 5, 2012 05:30 pm at 5:30 pm |
  6. Gurgyl

    Mitt is a joke to USA and world. Money will never buy vote...

    July 5, 2012 05:31 pm at 5:31 pm |
  7. MBSeattle

    Greed is good? You think?

    July 5, 2012 05:31 pm at 5:31 pm |
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