Gov. Mitt Romney and the Republican National Committee raised over $100 million in July, and have over $185 million cash on hand to use in working to defeat President Barack Obama. Also of note – 94% of the money raised was given in donations of $250 or less:
REUTERS: Republican presidential candidate Mitt Romney and the Republican National Committee raised $101.3 million in July, turning in another big month of financial strength for their battle to defeat President Barack Obama on November 6.
In addition to the July numbers, the Romney campaign also planned to announce on Monday that Romney, the Republican National Committee and state party participants have $185.9 million cash on hand.
Romney has been outpacing the Democratic incumbent in fund-raising, and his July total of $101.3 million 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. . . . Read More