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Defying the Odds

Defying the Odds
New book about the 2016 election.

Saturday, June 23, 2012

Slight Obama Fundraising Advantage in May

The Campaign Finance Institute reports:
Mitt Romney’s fundraisers had a good fundraising month in May but (contrary to some early press accounts) Barack Obama’s did even better. Romney’s $23.4 million in receipts doubled his campaign’s $11.7 million of the previous month. But Obama’s $39.8 million was 70% higher than Romney’s. It was also 50% higher than Obama’s own receipts in April ($26.6 million)... The parties’ pictures were different from the candidates’. The Republican National Committee (RNC) had a better month than the Democratic National Committee (DNC), raising $34.3 million to the DNC’s $20.0 million...If we combine the candidate and party committees (including the funds reported as having been distributed by the two candidate-and-party joint fundraising committees), Obama plus the DNC outperformed Romney plus the RNC by $1.4 million during the month of May. This difference is largely erased by the Super PACs. The single-candidate Super-PAC supporting Romney (Restore our Future) raised $5.0 million in May, compared to $4.0 million for the PAC supporting Obama (Priorities USA Action).