Fundraising

  June 29, 2012, 12:46 pm

Obama campaign says it has outraised Romney since court decision

By Justin Sink

President Obama has outraised Mitt Romney since the Supreme Court affirmed the healthcare law, Obama's campaign claimed Friday, but it did not give the fundraising numbers.

Obama campaign press secretary Ben LaBolt called the Romney campaign's attempts to tout its fundraising dollars "perverse."

"It's perverse that Mitt Romney won't share details about what he'd do for the millions he'd leave uninsured or at the whims of insurance companies when he 'kills Obamacare dead,' but he'll share the hourly details of his fundraising after the Supreme Court ruling," LaBolt wrote in an email statement. "We've outraised the Romney campaign in that time period but that's not the point — our supporters are more committed than ever to ensuring that insurance companies can't drop coverage for people who get sick or discriminate against people with preexisting conditions by reelecting the President."

But LaBolt did not offer specific numbers for the campaign's fundraising totals.

The Romney campaign, meanwhile, circulated an email Friday afternoon bragging it had raised $4.6 million from more than 47,000 separate donations in the aftermath of the court's decision. 

Campaign spokeswoman Andrea Saul also noted that Romney had added three times as many new Facebook fans as Obama over the period following the ruling, and she said more Romney supporters were engaging with content on his page.

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Archived under: News, Fundraising, Legal Challenges, Presidential Campaign
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  June 29, 2012, 7:16 am

Romney raises $5.5M after health ruling

By Alicia M. Cohn

Mitt Romney's presidential campaign has raised $5.5 million since the Supreme Court ruled President Obama's healthcare law is constitutional.

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Archived under: News, Other News, Fundraising, Romney Campaign News
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  June 25, 2012, 2:50 pm

Supreme Court summarily reverses Montana's Citizens United case

By Rachel Leven

The high court's finding makes clear that states need to comply with its 2010 Citizens United ruling.

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  June 21, 2012, 10:36 am

Super-PAC backing Obama raised $4M in May

By Rachel Leven

A super-PAC supporting President Obama’s reelection bid increased its fundraising pace in May, hauling in roughly $4 million, according to recent filings.

Priorities USA has raised more than $10 million since the beginning of 2012, but is well behind the torrid fundraising of the pro-Romney super-PAC Restore Our Future. That group raised $5 million in May and has taken in more than $31 million this year.

The Priorities super-PAC began June with $4.5 million cash on hand, after spending $4.2 million in May. Approximately $3.9 million of that was spent on independent expenditures supporting or opposing candidates. 

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  June 20, 2012, 5:55 pm

Obama campaign holds $110 million in cash

By Jonathan Easley

The campaign spent more than it raised in May, but is sitting on $110 million.

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Archived under: Fundraising, Presidential Campaign
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  June 20, 2012, 12:40 pm

Anti-incumbent Campaign for Primary Accountability spent more than $640,000 in May

By Rachel Leven

The Campaign for Primary Accountability, the anti-incumbent super-PAC, spent more than $640,000 and received nearly $439,000 in May, according to recent filings.

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Archived under: Business & Lobbying, Campaign, Fundraising
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  June 20, 2012, 12:24 pm

Romney super-PAC nets $5 million in May

By Justin Sink

The super-PAC aiding Mitt Romney's presidential campaign raised just short of $5 million in May, and has brought in more than $31 million over the first five months of 2012.

Restore our Future began June with $8.4 million cash on hand, and that amount is expected to grow after casino mogul Sheldon Adelson pledged $10 million to the group earlier this month. His contribution was not included in the organization's May fundraising filings.

Prominent donors included Chicago Tribune owner Sam Zell, Goldman Sachs managing director Henry Cornell, and former television executive Herbert Siegel.

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  June 18, 2012, 5:06 pm

Romney Super PAC launches $7 million ad campaign, fundraises with potential VPs

By Justin Sink

The Super PAC supporting Mitt Romney is making a $7 million ad buy across eight battleground states, and will look to bring even more money in with a high-profile New York City fundraiser featuring Sens. Marco Rubio (R-Fla.) and Kelly Ayotte (R-N.H.).

The group has purchased a ten-day ad blitz across Colorado, Florida, Iowa, Nevada, New Hampshire, North Carolina, Ohio, and Pennsylvania according to a report in the Washington Post. The ads will begin airing on Wednesday.

The effort comes just days after casino mogul Sheldon Adelson signaled that he would be donating some $10 million to the group. Adelson, a prominent conservative donor who supported Newt Gingrich in the GOP primary, made his after a face-to-face meeting with Romney in Las Vegas late last month.

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  June 18, 2012, 2:39 pm

GOP senators press IRS to keep nonprofit donors secret

By Rachel Leven

Eleven Republican senators are pressing the Internal Revenue Service to keep secret the donor lists for nonprofit groups, including ones affiliated with the Tea Party.

A dozen GOP senators wrote a letter to the IRS in March questioning whether Tea Party-affiliated organized were being more closely scrutinized when applying for 501(c)(4) status, which is exempt from taxes. They said the IRS acknowledged requesting donor information from some 501(c)(4) applicants.

In response, the IRS provided “assurances” that its actions against the nonprofit applicants were not “for political gain,” according to the GOP senators.

But the Republican senators on Monday said the IRS’s reply did not address whether the donor lists of the groups that applied for tax-exempt status would be kept confidential. 

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  June 17, 2012, 2:44 pm

Report: Casino mogul’s election donations, pledges hit $71 million

By Rachel Leven

Casino mogul Sheldon Adelson is on the brink of reaching $71 million in contributions to conservative candidates, super-PACs and non-profits.

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Archived under: Campaign, Fundraising
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