Obama Camp Beats Romney’s in June Fundraising
(WASHINGTON) -- President Obama’s re-election campaign, Obama For America, outraised Mitt Romney’s campaign, Romney For President, in the month of June, according to the two groups' FEC disclosures submitted Friday.
The Romney campaign, along with the Republican National Committee and Romney Victory Fund, the joint fundraising account shared by Romney and the RNC, announced earlier this month that they had raised a total overall of $106 million -- outpacing their Democratic counterparts who took in a total of $71 million.
However, Friday’s disclosures for the individual campaigns show that Obama For America raised a total of $45.9 million alone in the month of June while Romney For President raised a total of $33 million.
Obama For America reports having a much larger financial war chest than the Romney campaign; OFA ended the month with $97.5 million cash on hand, while Romney For President ended the month with $22.5 million.
It is important to point out that the individual campaigns’ fundraising numbers do not undercut the strong numbers announced by Republicans for the month of June. It is likely that donors to the RNC or the Romney Victory Fund are very excited to go out and cast their votes for the former Massachusetts governor this fall.
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