Romney raising more campaign cash than Obama

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Photo - Republican presidential candidate Mitt Romney broke fundraising records by bringing in more than $106 million last month.  (AP Photo)
Republican presidential candidate Mitt Romney broke fundraising records by bringing in more than $106 million last month. (AP Photo)
Politics,Congress,Susan Ferrechio

Republican Mitt Romney has raised more campaign cash than President Obama for the second straight month, even as new polling shows the presumptive Republican presidential nominee gaining on the president in key swing states.

Romney and the Republican National Committee raised a total of $106.1 million in June, $35 million more than Obama and the Democratic National Committee during the same month.

"Our June fundraising is a sign that voters are fed up with President Obama's failure to fix our economy and want a change of direction," RNC Chairman Reince Priebus said. "President Obama is clearly in over his head, and Americans deserve better."

Republicans were celebrating not only the June fundraising totals but the kinds of contributions they've been attracting. RNC officials said 94 percent of the contributions they received last month were for $250 or less, an indication that Romney is attracting not just the big donors that Democrats like to hammer him about, but the smaller grassroots support that helped fuel Obama's path to victory in 2008.

"This month's fundraising is a statement from voters that they want a change of direction in Washington," Romney Victory National Finance Chairman Spencer Zwick said. "Voters of all stripes -- Republicans, independents and Democrats -- have made it clear that President Obama has not lived up to the promises of his last campaign."

But Democrats point out that much of Romney's funding is coming from super-PACs, outside groups that can collect and spend unlimited amounts of cash from anonymous donors. The conservative super-PAC Crossroads GPS and its affiliate, American Crossroads, announced Monday that it is purchasing $40 million in advertising airtime in 10 pivotal election states.

That's in addition to the $25 million Crossroads GPS spent last Friday to run ads about a weak jobs report that showed unemployment holding at 8.2 percent.

"There is a core of big donors both directly to the campaign and to the super-PACs supporting Romney that want Obama out of the White House, and have clearly put their money where there collective mouth is," Democratic strategist Doug Schoen told The Washington Examiner. Even if it's uncertain Romney can beat Obama, Schoen said, it "is increasingly clear he will win the fundraising battle."

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Susan Ferrechio

Chief Congressional Correspondent
The Washington Examiner