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Obama super-PAC nets $6 million in June

By Justin Sink - 07/13/12 01:42 PM ET

The super-PAC supporting President Obama's reelection raised $6 million in June, former White House aide Bill Burton said on Friday.

“Last month, we raised over $6 million, which is about $2 million more than we raised the month before, which was $2 million more than we'd raised the month before," Burton, who now runs Priorities USA, told Bloomberg TV.

But the amount is likely to be dwarfed by Restore our Future, the pro-Romney super-PAC. It was already reported casino mogul Sheldon Adelson pledged $10 million to the group in June, and the pro-Romney group averaged donations of more than $12 million per month in the first five months of 2012. That disparity becomes more distressing for the president and his allies after Romney's official campaign also posted June numbers that beat out the president's. Romney topped $100 million in June, and raised $35 million more than Obama.

But despite being far outpaced by his Republican counterparts, Burton remained optimistic that his group could raise $100 million by November to support the president's campaign. And Burton said he thought Priorities USA had an advantage in spending money wisely.

“I think even more important than the number of what we're going to raise and spend is how we spend it. If you look at what we've done over the course of the last six or seven weeks, we've spent $10 million, $10 million talking about Mitt Romney's career in business. It's one of the only things that's actually moved numbers in this race," Burton said. "You look at any public poll, any private poll, the focus groups, they all say that. What was supposed to be Mitt Romney's biggest asset, his experience in business, has actually become one of his biggest liabilities.”

Burton also said the group had received a "couple" of multi-million dollar donations, including $2 million from Qualcomm founder Irwin Jacobs.

“It's a wide range of folks, from our friends in San Diego and the entertainment community to Chicago to New York. There's a wide range of people," Burton said.



Source:
http://thehill.com/blogs/ballot-box/fundraising/237805-obama-super-pac-nets-6-million-in-june

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