President Obama Raises $45M in June; $33M for Romney

[Clinton 2016]

Obama raised $45.9 million last month and has now taken in more than $307 million for his campaign. Romney brought in $33 million and has now raised more than $156 million.

http://mobile.businessweek.com/news/2012-07-20/obama-raises-45-dot-9-million-in-june-to-33-million-for-romney

[Frodo]

On a less optimistic note, from the same article:

The combined bank balances of the Romney campaign committee, the Republican National Committee and the joint fundraising committee totaled $170 million at the end of June, compared with $144 million for Obama’s side. While Obama’s campaign accounts for 68 percent of the money his side has to spend, Romney directly controls only 13 percent of his funds.

Romney’s money advantage increases when super-political action committees are included. Restore Our Future, the pro- Romney super-PAC, had $21.6 million in the bank at the end of June. American Crossroads, which is also supporting Romney, had a balance of $31.5 million.

I prefer to deal with facts in the face, no matter how unpleasant they may sometimes be.  

[Minnesota Mike]

Numbers (COH - Debts)

Obama

Obama for America- $95.2 mil
Obama Victory 2012 (Joint Fundraising acct) - $8.8 mil
Swing State (Joint Fundraising acct)- $3.0
DNC- $32.1 mill
Priorities Action USA (Super Pac)- $2.7 mill

Total $141.8 Mil

Romney

Romney For President- $22.5 mil
Romney Victory (Joint Fundraising acct)- $57.7 mil
RNC- $79.5
Restore Our Future (Super Pac)- $21.6 mil

Total 181.3 Mill

Team Romney is ahead in the money race but Obama has more control over how the money supporting him will be spent. There are also other Pacs, State Parties (a large chunk of Romney's joint fundraising acct is destined to State Parties) , and other groups out there. Bottom line both sides will have more than enough money to run the campaigns they want to run.

[ShadowOfTheWave]

On a less optimistic note, from the same article:

The combined bank balances of the Romney campaign committee, the Republican National Committee and the joint fundraising committee totaled $170 million at the end of June, compared with $144 million for Obama’s side. While Obama’s campaign accounts for 68 percent of the money his side has to spend, Romney directly controls only 13 percent of his funds.

Romney’s money advantage increases when super-political action committees are included. Restore Our Future, the pro- Romney super-PAC, had $21.6 million in the bank at the end of June. American Crossroads, which is also supporting Romney, had a balance of $31.5 million.

I prefer to deal with facts in the face, no matter how unpleasant they may sometimes be.  

Don't worry, I'm sure all that money will be completely wasted by Romney and co, if this campaign so far is any indication of their competence.

[Likely Voter]

I bet by October that Romney's campaign will be mostly reliant on SuperPacs for advertising expenditure, just like with the primaries