Romney lands second $100 million month
August 6th, 2012
05:50 AM ET
10 years ago

Romney lands second $100 million month

(CNN) - The fundraising effort of presumptive Republican presidential nominee Mitt Romney brought in more than $100 million for the second month in a row, his campaign said Monday morning.

The $101.3 million haul is just shy of the campaign’s June fundraising, which reached $106.1 million.

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Romney's effort ended July with $185.9 million cash on hand, up from the $160 million in the campaign war chest at the end of June.

Both numbers include money raised by Romney's campaign, the Republican National Committee, and several state parties in a joint committee known as Romney Victory.

President Barack Obama and the Democratic National Committee, meanwhile, raised $75 million in July, marking the third consecutive month the president has been outraised by his Republican challenger. Obama's similar alliance of committees raised $71 million in June.

Romney's campaign said nearly 95% of donations - some 600,627 - received in July were for $250 or less.

In July, Romney's fundraisers included one held in Jerusalem and attended by major GOP donor Sheldon Adelson.

In announcing the numbers, Romney Victory National Finance Chairman Spencer Zwick said, "We are honored to have the support of a broad spectrum of donors—independents, Democrats and Republicans—whose support of Governor Romney shows that he has the needed plan to jumpstart our economy and get the country on the right track again.

"We are well on track to raise the money to be successful in November," he continued.

Zwick and a couple members of his finance team joined Romney on the road last week, attending closed finance events in Reno, Nevada, as well as one in Sun Valley, Idaho where Romney picked up Clint Eastwood's endorsement. The fundraisers, having occurred in the first week of August, did not factor into July's numbers.

In Sun Valley, Romney's young finance chair spoke briefly about how the campaign has outraised the competition and has more cash on hand than the Obama team.

"I want you to know we're using this money very wisely," Zwick said before urging donors to help them "turn this campaign into a cause" by reaching out to their friends and colleagues across the country.

- CNN's Gregory Wallace and Shawna Shepherd contributed to this report.

Filed under: 2012 • Fundraising • Mitt Romney
soundoff (310 Responses)
  1. CaliforniaBC

    And yet Romney STILL can't pull out ahead of Obama especially in the swing states. Just goes to show no matter how many millionaires and billionaires you have funding your campaign, you can't simply buy yourself into the White House.

    Sorry Mittens.

    August 6, 2012 01:46 pm at 1:46 pm |
  2. cali girl

    Fair, California has had MANY GOP Gov's for many years. Meg out spent Gov Brown way over him, but it still did not buy the election. She was a high profile CEO of EBay also and that exposes her to many. So Cal is very GOP minded.

    August 6, 2012 01:47 pm at 1:47 pm |
  3. Paul

    Tell me that a Presidential Candidate raising $100 million (or even $75 million) in campaign funds in one month isn't one of those things that is very, very wrong with America and I will laugh at you.

    August 6, 2012 01:55 pm at 1:55 pm |
  4. amarcose

    This is how politicians lie with statistics...
    'Romney's campaign said nearly 95% of donations – some 600,627 – received in July were for $250 or less. ' – this is a number that means actually nothing. They provide no numbers on how much these 95% of the people contributed in total. It could very well be that 95% contributed $1 each = 600K and the 5% contributed 99.5million !!!

    August 6, 2012 01:56 pm at 1:56 pm |
  5. Itmustbeso

    Romneys got the money and you don't, whooopie!!

    August 6, 2012 01:59 pm at 1:59 pm |
  6. Bobbie

    BABE.....I think you are off in ur number by a decimal point. Shoud be $150mil not $15mil. $250 X 600,000 = 150,000,000

    August 6, 2012 02:01 pm at 2:01 pm |
  7. Anna

    To everyone bashing Mittens: It was all fine and good 4 years ago when the prophet of hopey changy was breaking records on internet donations that were nominal, but could not be tracked... puhlease with the fake piety.

    August 6, 2012 02:05 pm at 2:05 pm |
  8. rrd

    Way too much money being spent by both sides just for campaigning.

    August 6, 2012 02:06 pm at 2:06 pm |
  9. g

    if you think the bush crash was big a romney crash ,would be the end of the middle class

    August 6, 2012 02:07 pm at 2:07 pm |
  10. Norm

    Gee what a big surprise. Let's buy the election so we can get even bigger tax breaks and deregulation for our banks and corporations.
    Buying off the SCOTUS was one of the best investments we ever made.
    Now let's get those secret Super Pacs cranking.
    We can outspend the poor American people any day.
    Let's call our friends from around the world to help us buy this election.

    August 6, 2012 02:10 pm at 2:10 pm |
  11. BLKMANinAmerica

    yea about 99million given by the Koch at least America is aware of who's behind the jerk.

    August 6, 2012 02:13 pm at 2:13 pm |
  12. Anonymous


    1) asking for more taxes is a smoke screen
    Asking for the President's college transcripts is a smoke screen. Asking for Romney's tax returns is an attempt to see if Romney paid a fair, or even a legal level of taxes. Independent voters want a President who cares enough about America to pay a fair share to the nation that has treated him so well. If he's such a slimy, greedy weasel he hid all of his money offshore, our used dishonorable methods to disguise his income, we can assume he'll try to defend the ridiculous loopholes now provided the rich. We don't want just another selfish fat-cat hammering the middle-class. As we talk about bringing down the deficit and the "job creators" this is a critical issue. You don't create jobs by sending your money offshore. Is he hiding something about Bain Capital? He wants us to trust him with our lives but he can't stand the light of day regarding his financial behavior. It's a real issue and hiding his returns will cost him the election.

    August 6, 2012 02:13 pm at 2:13 pm |
  13. indie52

    That's one more vote he got.

    August 6, 2012 02:14 pm at 2:14 pm |
  14. Sal

    No one party democrat or republican should be allowed more money to be raised than the other. How it should work is that each party is allowed to solicit a certain amount for their campaigns, and when the allotted amount runs out, then that's the end of their funds. The government is being bought by the super pacs and who can outspend the other in advertising and that is wrong, wrong, wrong! 

    August 6, 2012 02:15 pm at 2:15 pm |
  15. Iconoclast

    Unless Romney intends to hand out all the money he has raised to poor individuals in return for their votes this guy will lose! No amount of money is going to prevent his slide into oblivion if he refuses to release his tax returns(for at least 10 years). Assuming the republicans don't come up with a dark horse candidate at the convention the debates will pretty well put the nails into his campaign coffin, assuming he doesn't weasel out on that as well (in which case it will be the largest landslide in history). Our goal now is to regain democratic control of congress AND break the republican bank in the process!

    August 6, 2012 02:15 pm at 2:15 pm |
  16. Chumlee

    How much of this haul came from Adelson and the other billionaires who bought MitWit years ago, and continue to tell him how to walk, talk, eat, etc.

    Watch MitWit. He tip-toes, walks like he is dancing, has no clue and has not one policy plan.

    What a joke MitWit!

    August 6, 2012 02:23 pm at 2:23 pm |
  17. Howard

    @CaliforniaBC ... Romney is out raising Obama ... but, since he can't begin spending until after the RNC convention, Obama
    has been dramatically out spending Romney ... SO FAR ... in fact Obama has already spent over 100 million dollars trashing Romney ... but, after the convention, poetic justice will prevail, and Romney will show that the thin skinned Obama can dish it out, but can't take it. Obama will soon be crying like a baby ... followed by his defeat, and justified exit from the White House.

    August 6, 2012 02:23 pm at 2:23 pm |
  18. GOP Hate America

    Romney will out raise Obama just not out vote him.

    August 6, 2012 02:24 pm at 2:24 pm |
  19. Forward, please.

    Finally Americans are waking up to the fact that we all messed up in 2008. Obama has been a disaster for our economic recover. He's been more concerned about his roll in history than the present and future needs of our country–we can afford him any more. Romney can help turn the economy around.

    August 6, 2012 02:28 pm at 2:28 pm |
  20. Fair is Fair

    "Asking for Romney's tax returns is an attempt to see if Romney paid a fair, or even a legal level of taxes."
    Seriously??? Returns as complex as Romney's are more often than not audited by the IRS. If Romney has done anything illegal tax-wise, we would have heard about it long ago.

    Romney 2012 – Change For The Better

    August 6, 2012 02:30 pm at 2:30 pm |
  21. Sal

    The republican party is not the party of the people, that's for sure! 

    August 6, 2012 02:32 pm at 2:32 pm |
  22. Rudy NYC

    All I know is this. The states with the populations that are the best educated favor moderation, compromise and Pres. Obama. Those states with the populations that are the least educated favor extremism, non-compromise and dislike Pres. Obama. In other words, Mitt Romney just isn't that significant of a factor in the equation.

    August 6, 2012 02:37 pm at 2:37 pm |
  23. Dale

    Last presidential election Obama had all of this money coming in from George Soros and a whole bunch of others nothing was ever said about that.

    Do any of you hear the wind blowing

    August 6, 2012 02:44 pm at 2:44 pm |
  24. Cam Spurgeon

    They better keep an eye on Romneys money to be sure it doesn't leave the country. This man is not above anything. He might even add it to that 100 million dollar ira he has. Get real people. He doesn't even believe whats coming out of his mouth. UGH!

    August 6, 2012 02:49 pm at 2:49 pm |
  25. Mama for Obama

    This is disgusting. I don't believe for a moment that this money comes from "everyday people." It is disgusting what the Republican Party will do to win an election. I pray that they lose big, and are out all of their money. Money is the ONLY thing that matters to them except, blatent mysogyny, racism, and homophobia. Oh and shall we not forget the relentless attacks on the middle class and the poor? I hope I never see another Republican president in my life time. Haven't they done enough damage? Hasn't America suffered enough?

    August 6, 2012 02:52 pm at 2:52 pm |
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