Romney fundraising efforts fall short of Obama's in September
Second consecutive month where Democrats out-raised Romney's team
Last month was the second straight month in which the Democrats out-raised Romney's team. This came after three months of the Republicans leading the way in fundraising. GOP challenger Mitt Romney and his allies raised $170.5 million in September. This figure fell short of the 2012 fundraising record set in September by Democratic rival President Barack Obama.
Mitt Romney's position weakened in the polls as a result of the new focus shifting to the Democratic Party Convention. A secretly filmed video that went viral also showed Romney calling 47 percent of Americans who receive government funds 'victims.'
In contrast, Obama and the Democratic National Committee already have reported raising $181 million last month, the best thus far in the most expensive presidential election campaign in U.S. history.
Romney's position also weakened in the polls as a result of the new focus shifting to the Democratic Party Convention. A secretly filmed video that went viral also showed Romney calling 47 percent of Americans who receive government funds "victims."
Romney did make gains earlier this month when he delivered a strong performance against Obama in the first presidential debate on October 3. The debate helped build donations enabling Romney to gain on the president.
"With less than one month left, we will continue the hard work of raising the resources to ensure that Mitt Romney and Paul Ryan can win in November and bring real change to the American people," Spencer Zwick, Romney's finance chairman says.
Obama has since regained a slim lead in the race. A Reuters/Ipsos daily tracking poll yesterday showed him at 47 percent compared with Romney's 45 percent.
"This race is tied," Obama said in an email to supporters. "What we do over the next 22 days will determine not just the next four years, but what this country looks like for decades to come."
Both Romney and the RNC have fundraised together since April, pulling cash into their separate funds as well as a joint account known as the "Romney Victory."
The majority of the Republican cash had been sitting under wraps until this week, when new filings showed that in the third quarter of the year, the joint fund raised $235.2 million, which beat the second quarter haul of $140.3 million.
However, at least $214.4 million does not belong to the Romney campaign. A donor can only give $35,800 to benefit a candidate and the party and at most $5,000 of that can go into the candidate's coffers.
Anything given beyond that amount to the Romney Victory fund is slated to benefit state Republican parties, the National Republican Senatorial Committee and the National Republican Congressional Committee.
© 2012, Distributed by NEWS CONSORTIUM.
- - -
Pope Benedict XVI's Prayer Intentions for January 2013
General Intention: The Faith of Christians. That in this Year of Faith Christians may deepen their knowledge of the mystery of Christ and witness joyfully to the gift of faith in him.
Missionary Intention: Middle Eastern Christians. That the Christian communities of the Middle East, often discriminated against, may receive from the Holy Spirit the strength of fidelity and perseverance.
Keywords: Fundraising, Mitt Romney, President Obama, September
Rate This Article
Leave a Comment
More Politics & Policy News
- Supreme Court: No, you can't ask for proof of citizenship for voter registration
- What happens when the Culture of Surveillance meets the Culture of Corruption?
- Obama tells Charlie Rose Americans are uninformed on NSA program. So why doesn't he inform us?
- Bombshell: Low-level NSA agents can wiretap anyone, even the president, sans warrant
- PRISM precursor programs sparked concerns, potential resignations under Bush
- Facebook, Microsoft reveal number of government requests for your info, but no details
- Whistle-blower Snowden says Obama can still save face after PRISM debacle
- The Culture of Life: Senator Rand Paul gets it right
- Obamacare to cost everybody more than they are paying now
- Fr. Paul Schenck: Finding Living Faith on Catechetical Sunday
- The Movie Yellow: Incest as 'Normal' and Cassavates's Slides Into the World of Woes
- The Chicago School Teachers Strike Reveals the Need For School Choice
- The Sexual Barbarians and the Dissolution of Culture
- The Happy Priest Challenges Us to Ask: Who is Jesus to Me?
- Michael Coren on Canadian Public Schools: Teachers, leave those kids alone
- We Cannot Ignore Our Consciences: Cardinal Dolan On Religious Liberty
- In the Face of Danger, Successor of Peter Travels to Lebanon as a Messenger of Peace
- Reflections on the Dignity and Vocation of Women: Who or What?