Mitt Romney’s campaign outraises Obama for third month in a row

Mitt Romney’s campaign announced Monday it had raked in $101.3 million in July, outraising the Obama campaign by more than $25 million.

It's the third month in row that the presumptive GOP nominee has outraised President Obama.


Romney's fundraising haul, from joint efforts between Team Romney and the Republican National Committee (RNC), marks the second straight month that they have passed the $100 million mark and is likely to intensify concerns among Obama’s reelection team — who raised $75 million in July — that they will be outpaced by the GOP’s fundraising push.

The July efforts leave the Romney campaign in strong shape with three months left until Election Day. The campaign, RNC and state party groups have $185.9 million cash on hand, said a statement touting the war chest.

In a series of messages on Twitter Monday, the Obama campaign highlighted strengths on its end. More than 200,000 people who gave in July were “entirely new donors who didn’t give before in this election cycle or in 2008,” a tweet on Obama’s Twitter account said.

“Every bit helps,” another tweet on the president’s feed said. “98% of our contributions in July were $250 or less, for an average donation of $53.49.”

Romney outraised Obama by more than $35 million in June, setting off some concern among donors and leading the president’s team to acknowledge to supporters that they “got beat.”  The Romney campaign also topped Team Obama in May.

Romney Victory National Finance Chairman Spencer Zwick and RNC Chairman Reince Priebus said on Monday the fundraising gains were a sign Romney's economic message was resonating with voters and highlighted the number of smaller donations they received.

The campaign said that more than 94 percent of all donations received last month were for $250 or less. Those 600,627 contributions totaled $25.7 million of the haul.

Zwick said the totals showed “once again we see that for many people, this is more than a campaign, it is a cause.”

He added that the campaign was “well on track to raise the money to be successful in November.”

Priebus said the strong figures were a sign of broad dissatisfaction with the Obama administration’s economic policies.

“Americans are clearly looking for a change in the White House,” he said. “Mitt Romney has a plan that will create jobs, grow the economy and build a stronger middle class — that is why he is seeing such strong support.”

The Obama campaign has pressed donors to rally, warning repeatedly that they could be outgunned before November, especially among outside groups backing Romney.

Obama is scheduled to host a series of high-dollar events in the coming weeks and has added additional fundraising events to his schedule.

The president is scheduled to attend two fundraisers — including one by movie executive Harvey Weinstein and Vogue editor Anna Wintour — in Connecticut on Monday night that are expected to bring in an estimated $2 million for his reelection bid. Actress Anne Hathaway and screenwriter and producer Aaron Sorkin are also expected to be in attendance at Weinstein’s home on Monday evening. 

Last week, Obama attended a fundraising dinner in New York City with 60 donors who contributed $40,000 each. Obama has also held many high-profile events on the West Coast, where the campaign hopes supporters in the entertainment industry and Silicon Valley will help close the fundraising gap.

Romney’s July totals were likely boosted by a series of high-dollar events the GOP candidate held in the Hamptons and during his three-country overseas trip.

The billionaire Koch brothers, who have contributed to many conservative causes and are key backers of the Tea Party-movement, hosted an event for Romney on Long Island, with reports estimating the campaign raised more than $3 million.

Romney also held fundraisers in Britain and Israel, including a private breakfast with donors in Jerusalem where he netted more than $1 million, and a London event that raised $2 million.

The Jerusalem breakfast was attended by casino mogul Sheldon Adelson, who has donated at least $10 million to the pro-Romney super-PAC Restore Our Future.