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. tykl

    @ ThinkAgain: may you should be the one doing some research. why don't you prove that you actually do know what you are talking about and post a side-by-side comparison. And don't forget Clooney, Maher, hedge-fund managers, Wall-street investors and a big dose of your self-righteous hypocrisy to keep you hydrated while you try and figure out how to do the actual research.

    August 6, 2012 12:18 pm at 12:18 pm |
  2. Keith A. Sillsbury

    he can be givin all the money his rich benifactors have in this world but it is THE PEOPLE that will turn a deaf ear to what he has to say. Thier money isn't the will of THE PEOPLE, IT'S THE ENSLAVEMENT OF THEM.

    August 6, 2012 12:22 pm at 12:22 pm |
  3. Craig

    Why are they wasting all that money on Mittsy, Obama's going to win.

    August 6, 2012 12:24 pm at 12:24 pm |
  4. Go Romney Go

    Where did all Obama's Big Donors GO ?????

    August 6, 2012 12:25 pm at 12:25 pm |
  5. BHPT

    Romney really is at a crossroads. Release those returns or give up trying to be President. And if those returns show that a really rich guy can avoid paying income taxes he can give up, too.
    So he may be in a lose-lose situation. At least if he keeps his returns secret he might avoid dragging the rest of the party down with him, as they can still CLAIM the rich are paying their fair share –

    August 6, 2012 12:25 pm at 12:25 pm |
  6. Go Romney Go

    I'm writing a check to Romney as i read this.


    August 6, 2012 12:27 pm at 12:27 pm |
  7. Pander Bear

    Of course the $100M came from only 4 donors. Thanks Supreme Court!

    August 6, 2012 12:27 pm at 12:27 pm |
  8. California Gary

    I don't know if it is actually possible to "buy" the U.S. government, but one thing is clear. The GOP fat cats are going to give it a try.

    August 6, 2012 12:28 pm at 12:28 pm |
  9. frag

    People don't want to be irritated by political ads 24/7. Obama has to be careful too! Romney is a known snob, his only positive news is that other snobs like him too! Meg Whitman thought she could buy the election too! Wrong.

    August 6, 2012 12:31 pm at 12:31 pm |
  10. JoeW

    Don't let them buy your vote! They could offer to give me everything they collected and I would still never vote for this shell in their shell game.

    August 6, 2012 12:34 pm at 12:34 pm |
  11. adam

    Romney is backed by wall st. crooks, Foreign mafia , mexico's biggest drug kingpin [zhenli Ye Gon].

    Romney is an expert at tax avoidance/evasion.
    That's why he has bank accounts overseas in Antigua, Bermuda, Cayman Islands, Switzerland.

    Romney has NOTHING to hide, that's why he won't release his tax returns.

    August 6, 2012 12:35 pm at 12:35 pm |
  12. duane

    one question....if this money was going to Obamas campain for two months in a row would you libs be upset?

    August 6, 2012 12:36 pm at 12:36 pm |
  13. cali girl

    Meg Whitman, an ex Bain employee and personal friend of Robmey, had an all out war to get the California Governors seat with her millions used for the campaign. She didn't win.

    August 6, 2012 12:38 pm at 12:38 pm |
  14. Pam from Iowa

    Not surprising when all the super rich are donating to Romney so they can stay super rich and you and me can stay super poor!

    August 6, 2012 12:39 pm at 12:39 pm |
  15. Randy, San Francisco

    Romney can fund his own campaign from the money he saved by not paying any taxes for 10 years.

    August 6, 2012 12:39 pm at 12:39 pm |
  16. Smeagel4T

    The real issue isn't who raised the most money. The REAL issue is that raising EITHER massive amount of money is even part of our political system.

    August 6, 2012 12:39 pm at 12:39 pm |
  17. g

    his donors know they will make their money back with the first year of a new war

    August 6, 2012 12:41 pm at 12:41 pm |
  18. Bob

    If Romney is elected (heaven forbid) he will be Sheldon Adelson's lapdog and help make those pesky federal government investigations of Adelson's global gambling empire go away. Gee, I thought Mormon's were against gambling in any form? What about it, Mittens? I guess money trumps morals in Willard's world.

    August 6, 2012 12:43 pm at 12:43 pm |
  19. lucaluca

    @think again
    Ill say it again–5 miles from my house, obama is charging 38,500 a plate for dinner....
    Is this right or wrong? 1 word answer please, because i dont need to hear how if htey do it, ...blah blah
    if its correct to woo the rich to give you tons of money, then its correct.
    Soros was a huge donor to 2008 campaign, and you guys were fine with it. Just because you are not winning the fundraising battle shouldnt be the only reason why they need to change the rules again. obama had a chance to limit fundraising in 2008 and had a deal with mccain.
    Its time to be consistent in principles, especially as you point to principles.
    Both parties go after big money.....just beause one party does a better job at it, doesnt mean they are wrong... 38,500 a plate is not for middle class people....and you cant yell and scream about buying elections, when you have these type of events...

    August 6, 2012 12:48 pm at 12:48 pm |
  20. RightyTighty

    Read it and weep Dems the writing is on the wall. You want to talk about anything except what a lousy president obama has been. The reall issues are what America is locked on not diversions and distratctions from the left

    August 6, 2012 12:49 pm at 12:49 pm |
  21. tom balph

    How about BOTH candidates pledging to give 1/2 of all their campaign contributions to feeding the hungry in this country rather than waste it on TV commercials!

    August 6, 2012 12:49 pm at 12:49 pm |
  22. Jim

    What is going on here? 100 Million??? The interests these guys serve far out pace the public. We are yet again the losers in another political race.

    How smart is the GOP. Take corporate interests and insulate them with abortion, religion, guns and the promise of a lower tax burden and then dupe the general public.

    How stupid is the DFL! Failing to find a common thread or taking the time to understand basic capitalism coupled with a completely independent party platform. the "individual" doesn't go far in our political system. You have to operate as a cohesive group. Obama is a perfect example. How do you screw up a 'super majority'?

    I am completely unrepresented.....

    August 6, 2012 12:52 pm at 12:52 pm |
  23. MIDave

    It's obvious most of the posters didn't even bother to read the article. That or they confused Obama for Romney because it's Obama who has been lining his pockets with Wall Street money and Celebrity donors. According to the article 95% of Romney donor's contributed $250 or less. Sure would take a lot of people to get to $100 million in increments that small. I wonder if those same people will show up in November?

    August 6, 2012 12:55 pm at 12:55 pm |
  24. Phil Thomas

    America the question is if people are giving this much money to Romney in the top percentile what is it they are expecting from a president Romney ? Romney's policies and the source and rate of this funding scare me, I fear that Taxes will go up, home ownership tax exemptions will go away. This guy has not laid out one single thing he plans to do, and even on something as crazy as Harry Reid's claim that he hasn't paid taxes the solution is pretty easy release your tax returns and let america be judge.

    August 6, 2012 12:58 pm at 12:58 pm |
  25. Age of Fools....

    WB..."The Billionaire" stated publicly many times that he pays a lower tax-rate on his $billions-income than his Secretary.
    "So" did Harry Reid, Nancy Pelosi and others take the hint from WB, "The Billionaire" at anytime to put forth a bill to reform completely the "full-of'-loop-holes..TAX-CODE..? ..."Oh NO" but Harry Reid together with most DEMS are now piling their sour-grapes on Romney because he only paid 14% tax-rate on his $20million income of 2010, which is perfectly legal and has privately most likely the blessings of Harry Reid when Romney's Accountants in preparing Romney income-tax-returns take advantage of all Harry Reid's legal-tax-exempt-loop-holes............Romney's campaign must counter-attack any of the DEMS-attack-ads regarding his income and taxes paid, suggesting that now in 2012 taking advantage of the "legal-tax-exempt-loop-holes is somehow illegal and wrong for Romney only,,,,,

    August 6, 2012 12:59 pm at 12:59 pm |
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