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Romney ended February with $7.3 million in the bank

By Josh Lederman - 03/20/12 10:53 PM ET

Mitt Romney ended February with almost $7.3 million in the bank and raised $11.5 million during the month, his campaign reported to federal officials Tuesday, out-raising all the other GOP candidates for February and leaving him with no debt.

It was Romney’s best fundraising month yet, and a leap forward from the $6.5 million he raised during January. It also bested Rick Santorum's February haul by about $2.5 million.

Romney raised the bulk of his money from big-dollar donors in February; only one in 11 dollars he raised came from those who donated $200 or less.

The former Massachusetts governor spent at an aggressive pace in February, dropping $12.3 million on races in Michigan, Nevada, Colorado and elsewhere. But it was one-third less than what he spent in January, where expensive contests in Florida, New Hampshire and Iowa drained all the candidates' resources. Romney had almost $20 million on hand at the beginning of January.

Romney spent tens of millions of his own money on his 2008 campaign, but has contributed just $52,500 to his campaign this cycle, Federal Election Commission documents show.


Source:
http://thehill.com/blogs/ballot-box/gop-presidential-primary/217215-romney-ended-february-with-73-million-in-the-bank

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