Obama trails behind
In the battle for political cash, President Barack Obama is finding himself in an unaccustomed place during the final months of the 2012 campaign: He is losing.
Mitt Romney and the Republican National Committee easily outraised the Obama for the second month in a row, with a nonstop schedule of high-dollar events around the country that brought in $106 million during June to Obama’s $71 million, giving him and his party four times the cash on hand it had just three months ago.
In a worrisome development for the Obama campaign, Romney, who until now has been heavily dependent on donors giving the maximum federal contribution, also showed success in June drawing small donors, a traditional strength of the Obama campaign.
A ‘statement’
Reflecting the intensifying general election matchup with Obama and conservative anger over the recent Supreme Court decision upholding the president’s signature health care law, Romney raised about a third of his total in checks of under $250, officials said on Monday. Romney and the RNC now have about $160 million in cash.
“This month’s fundraising is a statement from voters that they want a change of direction in Washington,” Spencer Zwick, Romney’s finance chief, said in a statement.