WASHINGTON—President Barack Obama and the Democratic Party have raised a combined $60 million in May for his re-election effort.
The totals helped the president exceed his fundraising haul in April, when his campaign and his party raised $43.6 million. That was slightly more than his presumed challenger in the November election, Mitt Romney, and the Republican Party, which raised about $40 million in April.
Romney has not yet released fundraising totals for May.
Conbined with Super-Pacs, they'll have at least $2B by election day. It's going to be an absolute massacre and force a generation of Democrats radically to the right unless 'liberal' billionaires dip into their cash reserves.