Business

Romney Outraises Obama In June By $35M

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More precisely, Romney and the RNC pulled in $106M. Obama and the DNC pulled in $71M. So a huge money gap there and just one more indicator that it’s set to be a tough election cycle.

From Buzzfeed:

Earlier today the Romney campaign announced its $106 million haul, split with the Romney Victory joint fundraising committee. The campaign announced that they received more than 500,000 donations — their best month of the year — and that they now have $160 million cash on hand.

In May, the Romney effort outraised Obama by nearly $17 million.

Looks like Romney will need that extra dough to counteract the ads Obama has been running in battleground states.

From USA Today:

In a new USA TODAY/Gallup Poll of swing states, an overwhelming majority of voters remember seeing campaign ads over the past month; most voters in other states say they haven’t. In the battlegrounds, one in 12 say the commercials have changed their minds about President Obama or Republican Mitt Romney — a difference on the margins, but one that could prove crucial in a close race.

At this point, Obama is the clear winner in the ad wars. Among swing-state voters who say the ads have changed their minds about a candidate, rather than just confirmed what they already thought, 76% now support the president, vs. 16% favoring Romney. […]

To be sure, Obama’s ads have done more to win back Democrats than to win over independents or Republicans: Thirteen percent of Democrats say their minds have been changed by ads, compared with 9% of independents and 3% of Republicans.

More as it develops…