Pro-Obama Super PAC Reports Best Fundraising Month Yet

Politics

0  Updated at 2:21 am, June 21st, 2012 By: ABC Digital
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JEWEL SAMAD/AFP/Getty Images(WASHINGTON) — Priorities USA Action, the super PAC supporting Obama, raised $4 million in May, according to its Federal Election Commission report released on Wednesday.  This marks the group’s best fundraising month since it began, and a big improvement from April, when they raised just $1.6 million.

The group reported spending $4.2 million in May, and ended the reporting period with $4.5 million cash on hand.  They report owing no debt.

Priorities’ total raised for the month was not that far behind the pro-Romney Super PAC Restore Our Future, which has so far surpassed the Democratic group in its fundraising.  Restore Our Future reported raising roughly $5 million in May.  The group still holds a sizable cash-on-hand advantage; it reported ending the month with $8.4 million in cash.

There were no celebrity donors to Priorities this month — past donors have included Bill Maher and Jeffrey Katzenberg — but there were a few million-dollar donors: a retired woman named Barbara Stiefel in Coral Gables, Fla; Franklin Haney, CEO of FLH Company, a real estate development company in Washington, D.C.; and Steve Mostyn, an attorney in Houston.

Copyright 2012 ABC News Radio



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