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Defying the Odds

Defying the Odds
New book about the 2016 election.

Wednesday, February 22, 2012

Maxing for Mitt

The Campaign Finance Institute reports:
Mitt Romney continues to have a more top-heavy fundraising profile than his opponents. Romney has raised 81% of his money from donors who have given a total of $1,000 or more; 66% from donors who have given the maximum amount of $2,500 (see Table 3). These are not only much higher percentages than his current opponents’. They are higher than any the Campaign Finance Institute has calculated for major candidates since 2000 (see Table 4 for 2008). 
Potentially more troublesome politically is that 40% of Romney’s 40,011 itemized donors have given the legal maximum (see Table 5). They cannot give to the campaign again, which may help explain the tactical importance of the Super PAC supporting Mitt Romney, Restoring Our Future. Super PACs may accept unlimited contributions but must remain independent of candidates. (See Table 6 for the major Super PACs associated with the leading presidential candidates.)