Mitt Romney Crushes GOP Field in Latest Cash Haul

Christy Bowe/Globe Photos/ZUMApress.com

Fight disinformation: Sign up for the free Mother Jones Daily newsletter and follow the news that matters.


Mitt Romney’s repeated flip-flopping may have cast doubt on his frontrunner status in the GOP presidential field, but when it comes to raking in campaign cash, he’s way, way ahead of the pack.

According to his campaign, Romney raised $18.25 million in April, May, and June—more than all the other GOP presidential contenders combined. (Rep. Michele Bachmann has not yet disclosed her fundraising haul for the 2011 second quarter.) More than half of Romney’s contributions came from a single national phone fundraiser in May. Unlike former Utah governor Jon Huntsman and tea party favorite Herman Cain, Romney’s campaign says he didn’t contribute a dime to his latest fundraising total. In a statement, Romney’s campaign said his haul is evidence that voters are buying his more moderate, jobs-centric message.

While Romney’s numbers easily trump his competitors’, he trails his own fundraising totals from his first presidential bid four years ago. In the first three months of 2007, Romney had already raked in $23.5 million, $2.5 million of which was his own money.

This time around, it’s not just Romney’s campaign that’s pulling in big bucks. A super PAC run by former aides to Romney, called Restore Our Future, announced recently that it had bagged $12 million in the first half of 2011. Groups like this one can accept unlimited donations from individuals, unions, and corporations, but must disclose their donors to the Federal Election Commission. The only other presidential candidate with a similarly aligned super PAC is President Obama; earlier this year, former Obama White House aides Bill Burton and Sean Sweeney started Priorities USA Action, which is devoted to pushing back against Republican outside spending groups and supporting the president.

More Mother Jones reporting on Dark Money

FOLLOW THE MONEY

Corporations and billionaires don’t fund journalism like ours that exists to shake things up. Instead, support from readers allows Mother Jones to call it like it is without fear, favor, or false equivalence.

And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up to $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

payment methods

FOLLOW THE MONEY

Corporations and billionaires don’t fund journalism like ours that exists to shake things up. Instead, support from readers allows Mother Jones to call it like it is without fear, favor, or false equivalence.

And right now, a longtime friend of Mother Jones has pledged an incredibly generous gift to inspire—and double—giving from online readers. That's huge! Because you can see that our fall fundraising drive is well behind the $325,000 we need to raise. So if you agree that in-depth, fiercely independent journalism matters right now, please support our work and help us raise the money it takes to keep Mother Jones charging hard. Your gift, and all online donations up $94,000 total, will be matched and go twice as far—but only until the November 9 deadline.

$400,000 to go: Please help us pick up the pace!

payment methods

We Recommend

Latest

Sign up for our free newsletter

Subscribe to the Mother Jones Daily to have our top stories delivered directly to your inbox.

Get our award-winning magazine

Save big on a full year of investigations, ideas, and insights.

Subscribe

Support our journalism

Help Mother Jones' reporters dig deep with a tax-deductible donation.

Donate