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Tuesday, August 21, 2012

Romney Ended July With $62 Million More Than Obama

Running their campaign as they run the country Obama and the DNC ran about a $20 million deficit in July. Romney, on the other hand, spent about $16 million less than he took in. Now Romney and the RNC have about 50% more cash on hand than Obama and the DNC. Romney finished July with $185.9 million to Obama's $123.7 million. During July Romney out raised Obama $101.3 million to $75 million.

Traditionally September is the biggest fundraising month. Already Romney is holding $62.2 more than Obama. One suspects the Romney team will begin spending in earnest just after the convention. Here the super PAC's will widen the spending gap. Obama's super PAC, Priorities USA, like Obama has struggled to raise money but the Republican PAC's, Restore Our Future, American Crossroads, and the Club for Growth are flush. Very flush!

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