Obama Camp Concedes: Romney Will Raise More Cash Than Us
[Newsmax.com]
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.
Gingrich to get another $10 million from casino backer – sources
[CBSNews.com]
POLITICAL HOTSHEET
February 17, 2012
[Sheldon Adelson, left, and Newt Gingrich, right]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.
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