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.
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.