Romney cash haul sparks GOP fears
By: Jonathan Martin and Alexander Burns
Politico.com
July 7, 2011 04:38 AM EDT
The Republican presidential fundraising reports are still coming in, but a clear winner has already emerged: Barack Obama.
Whoever claims the GOP nomination is going to find it close to impossible to keep pace with the president’s fundraising juggernaut.
That was the lesson of the first real quarter of the money chase, when it was revealed Wednesday that Republican frontrunner Mitt Romney—the GOP’s pale version of a cash-collecting machine—raised just over $18 million.
Romney’s haul was less than what he took in as a first-time candidate out of the gates four years ago. After the former Massachusetts governor, the numbers tailed off dramatically. Neither Tim Pawlenty nor Jon Huntsman even hit $5 million. Meanwhile, the Republican National Committee is mired in $18.5 million of debt.
(More here.)
Politico.com
July 7, 2011 04:38 AM EDT
The Republican presidential fundraising reports are still coming in, but a clear winner has already emerged: Barack Obama.
Whoever claims the GOP nomination is going to find it close to impossible to keep pace with the president’s fundraising juggernaut.
That was the lesson of the first real quarter of the money chase, when it was revealed Wednesday that Republican frontrunner Mitt Romney—the GOP’s pale version of a cash-collecting machine—raised just over $18 million.
Romney’s haul was less than what he took in as a first-time candidate out of the gates four years ago. After the former Massachusetts governor, the numbers tailed off dramatically. Neither Tim Pawlenty nor Jon Huntsman even hit $5 million. Meanwhile, the Republican National Committee is mired in $18.5 million of debt.
(More here.)
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