By Jim Meyers
Republican presidential candidate Mitt Romney surged ahead of President Barack Obama in fundraising for the first time last month — and a senior Obama adviser concedes that Obama will be the first incumbent president to be out-raised by his opponent.
Romney’s campaign and the Republican Party together raised more than $76 million in May, according to filings with the Federal Election Commission, while Obama and the Democrats brought in $60 million.
Obama campaign officials predict that Romney will also outdo Obama and the Democrats in June with a $100 million haul.
“I think Romney is going to continue to have big months,” an Obama campaign official, speaking on condition of anonymity, told reporters. “Combine that with the Super PAC stuff, and we are going to be the first incumbent outspent. That’s clear.”
Senior advisers in the Obama campaign told The New York Times that Romney and groups supporting him will spend $1.25 billion on television advertising.
“Republicans are betting they can win this thing on the air,” one adviser said. “Make no mistake, we will be outspent.”
On Wednesday, Romney enjoyed what campaign officials described as his single best day of fundraising yet, taking in between $6 million and $8 million during a swing through Michigan.
June 21, 2012 | Categories: 2012 Election, Agency Regulation, America's Disarmament, America's Freedoms, Balanced Budget, Class Warfare, Cloward and Piven Strategy, Congress, Congress: Inquiries & Committees, Constitutional Responsibilities, Corruption, Deficit, Diplomacy, Economic Security, Economic Terrorism, Education, Election 2012, Elections Politics, Electorate, Employer Uncertainty, Energy and Oil, Excessive Government Spending, Foreign Policy, Foreign Trade, Freedom Justice and Liberty, Fuel Prices, Government, Government Regulations, House of Representatives, Jobs, Learn from History, Liberal Scare Tactics, Liberals Big Spending and Taxes, Manufactured Crisis, Media Corruption, Middle East Affairs, Moral Issues, National Debt, National Security, New Media News, Political Contests, Politically Intentioned Crisis, Politics, POTUS Deception, POTUS Elibility Issue, Progressives pushing for Marxism/Socialism, Propaganda, Public Sector (Government), Radical Liberal Progressive Left, Redistribution of Wealth, Senate, Tea Party Conservatives, TEA Taxed Enough Already, The Economy, Unemployment | Tags: $100 million raise, American Crossroads, Barack Obama, current-events, federal election commission, fundraising, GOP, Jim Meyers, Karl Rove, Mitt Romney, politics, Republican presumptive nominee, Reuters report, Romney ahead in fundraising, Romney rising in some polls | Leave A Comment »
February 17, 2012
UPDATED 11:38 a.m. ET — H/T DrudgeReport.com
Former House Speaker Newt Gingrich’s faltering campaign is about to get another shot in the arm, CBS News has learned.
Billionaire casino magnate Sheldon Adelson plans to give another $10 million to the outside group backing the former Georgia lawmaker who is running behind former Massachusetts Gov. Mitt Romney and former Pennsylvania Sen. Rick Santorum in the race for the Republican presidential nomination, a source close to Adelson told CBS News.
Adleson and his family have already given $11 million to “Winning our Future,” the super PAC backing Gingrich. The group, which bombarded the airwaves in South Carolina last month ahead of the primary there, is largely credited with helping Gingrich win in the Palmetto state.
The latest $10 million cash injection would raise the Adelson family’s contribution to $21 million, and a different source close to Adelson said he is prepared to drop another $4 million for a total of $25 million. The Huffington Post calculated that the billionaire casino owner earns about $3.3 million an hour.
February 17, 2012 | Categories: 2012 Election, Agency Regulation, America's Freedoms, America's National Security, American Exceptionalism, American Legacy People, Class Warfare, Cloward and Piven Strategy, Constitution, Constitutional Rights, Corruption, Corruption in Government, Deficit, Economic Security, Economic Terrorism, Education, Election 2012, Elections Politics, Employer Uncertainty, EU Affairs, Fiscal Responsibility, Foreign Policy, Freedom Justice and Liberty, Government, Government Appointments, Government Regulations, Healthcare, Housing Crisis, Individual Rights and Freedoms, Insurrection, Jobs, Judiciary, Liberals Big Spending and Taxes, Manufactured Crisis, National Debt, National Security, New Media News, Notable Authors and Books, Politically Intentioned Crisis, Politics, Progressives pushing for Marxism/Socialism, Propaganda, Radical Liberal Progressive Left, Rejecting Political Correctess, Religious Freedoms, Smaller Government, TEA Taxed Enough Already, Terrorism, Terrorists Threats, The Economy, Unemployment, UNIONS ACORN and SEIU | Tags: $10 million, boost from Sheldon Adelson, CBS News, Culture of Corruption, Election 2012, federal election commission, former house speaker newt gingrich, house speaker newt gingrich, Most Americans Reject Socialism, Newt Gingrich, politics, Speaker Newt Gingrich, Tea Party, unemployment, UNIONS ACORN and SEIU, War on Terror | Leave A Comment »