The Romney campaign is better positioned today than almost anyone might have imagined a year ago. Not only is Romney neck and neck with President Obama in the polls, he is matching the Obama money machine in fundraising–a fact which may be even more surprising. Obama vowed to raise $1 billion for his re-election campaign, but everyone now seems to agree that he won’t get there. His total is more likely to be around $800 million, one more sign that the Obama administration’s failures have diminished his standing with erstwhile supporters.
A left-wing web site reports the numbers:
Mitt Romney and the RNC raised $76.8 million in May, easily outpacing $60 million from President Obama’s campaign and the DNC. With outside conservative groups alone already outspending the Obama campaign in swing states and Democrats begging donors for help, the money race is tilting quickly toward the GOP.
Romney and the RNC now have $107 million cash on hand, with $12 million of their monthly haul coming from donations less than $250.
In the closing weeks of the 2008 campaign, Obama reportedly out-spent John McCain by a ratio of five to one. That won’t happen this year. We have already seen that the Romney campaign is willing to go toe to toe with Obama, slugging it out on the issues. It is now clear that they will concede nothing on the fundraising front either, and will have plenty of resources to get their messages out.