Romney outraised Obama in July, $101.3 million to $75 million
Mitt Romney outraised President Obama by more than $25 million in July, according to numbers released Monday by the campaigns.
Romney’s campaign announced it raised $101.3 million, while Obama’s team said in a tweet that it brought in $75 million.
The gap is slightly smaller than it was in June, when Romney raised $106 million and Obama brought in $71 million, but it’s the second-straight month that Romney has pulled in nine figures and the third-straight month he has outraised the incumbent president.
The fundraising numbers are split between the candidates’ campaign committees, their respective national party committees and joint fundraising committees that raise money for both entities.
Romney’s campaign said the three combined had $185.9 million in the bank at the end of July; Obama’s team did not announce a cash on hand figure.
At the start of July, Romney had $170 million on hand, compared to $144 million for Obama, whose campaign has spent heavily on ads early in the general election campaign. Just three months before, Obama had a $90 million edge in cash on hand.
“Once again we see that for many people, this is more than a campaign, it is a cause,” said Spencer Zwick, chairman of Romney’s fundraising effort. “We are honored to have the support of a broad spectrum of donors — independents, Democrats and Republicans — whose support of Governor Romney shows that he has the needed plan to jumpstart our economy and get the country on the right track again.”
Obama’s team, as usual, played up its advantage in small donors.
“Every bit helps. 98% of our contributions in July were $250 or less, for an average donation of $53.49,” the campaign said on Obama’s Twitter feed.
Updated at 9:59 a.m.