As summer begins to wind down and more and more voters turn their attention to the upcoming presidential race, it appears GOP candidate Mitt Romney is receiving increasing grassroots support among the American people that is resulting in big bucks in the effort to make Barack Obama a one and done president.
(Reuters) – U.S. Republican presidential candidate Mitt Romney raised $106 million in June, far surpassing President Barack Obama’s $71 million haul in the record-setting money race leading to the November 6 election.
Romney’s fundraising mark, announced by his campaign on Monday, is the best monthly total so far in the 2012 presidential campaign. It is another sign that Romney and his allies are on course to wash away any cash advantage that Obama, as an incumbent president, typically would enjoy in a bid for re-election.
…Romney’s haul in June also was helped by the U.S. Supreme Court’s ruling that upheld Obama’s healthcare law. Romney has said that if he is elected president he will press for repeal of the law, which among other things requires most Americans to have health insurance.
The Romney campaign has said it raised $4.6 million through 47,000 online donations in the 24 hours after the landmark ruling. Obama’s campaign also has said it raised a lot of money after the ruling but has not disclosed those figures. LINK
According to the campaign, 94 percent of donations received in July were for $250 or less, resulting in $25.7 million of the July gross.
The huge cash pile accumulated by Romney helps explain the mad dash for funds by President Obama, who has been traveling the country nonstop seeking donations. LINK