Obama Outraises Romney $9 Million as Conventions Approach

[TomCADem]

Source: Business Week

President Barack Obama raised almost $9 million more last month than presumptive Republican presidential nominee Mitt Romney, and entered the final month of the pre-convention campaign with almost triple the cash in the bank.

In the final measurement of the race for campaign cash before the national party conventions, Obama brought in $49.2 million to $40.3 million for Romney, according to Federal Election Commission disclosure reports filed today.

Obama entered August with $87.7 million in his campaign bank account while Romney reported $30.2 million. He has raised about twice as much as Romney in total, $356.5 million to $197 million.

The Republican convention begins Aug. 27 in Tampa, Florida, and the Democratic convention is the following week in Charlotte, North Carolina.


Read more: http://www.businessweek.com/news/2012-08-20/romney-raised-40-million-last-month-for-presidential-run

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Of course, this just includes the candidates' campaign committees and does not include Romney's huge advantage in billionaire SuperPAC money as well as RNC money.

[OmahaBlueDog]

1. I'm confused

This thread says the opposite.

http://www.democraticunderground.com/1014201235

[Richard D]

2. Confused too.

[speedoo]

4. Read the OP again.

"Of course, this just includes the candidates' campaign committees and does not include Romney's huge advantage in billionaire SuperPAC money as well as RNC money."

[Grassy Knoll]

3. Not confused.......

Read the posters last sentence:

"Of course, this just includes the candidates' campaign committees and does not include Romney's huge advantage in billionaire SuperPAC money as well as RNC money."

[truthisfreedom]

5. I guess the difference between these two articles is the RNC money.

Since the PAC money is not included in either article.

[kurt_cagle]

6. In other words

Of the above board, legitimate money that has been raised in this election, Obama is beating the pants off Romney. Of the illegitimate, private campaign contributions from billionaires currently buying a potential future president's agenda, Romney has made far more than Obama. Which, right there, says more to me about why I would never, ever, ever vote for Romney than anything else could.

[TomCADem]

8. Exactly. Thank Citizens United for the confusion.

If it was straight up about contributions to the candidates based on inviduals (not corporations) making contributions up the limit, Obama owns Romney. But when you start looking at the RNC contributions, which have a much higher limit, as well as SuperPAC money (no limit), Obama is getting beat.

[Cha]

7. This is great news for the

little guy and gal, "you people", donations!

Thx TomCADem

[tanyev]

9. An' I helped!

[bushisanidiot]

10. Me, too!

I've given more this year than I did four years ago. 'course, I can afford more now than I could four years ago.