InvestorsHub Logo

F6

Followers 59
Posts 34538
Boards Moderated 2
Alias Born 01/02/2003

F6

Re: arizona1 post# 170855

Wednesday, 03/21/2012 9:29:35 AM

Wednesday, March 21, 2012 9:29:35 AM

Post# of 481309
Romney beats GOP candidates in fundraising, Obama tops all


Republican Presidential candidate and former Massachusetts Governor Mitt Romney speaks on the night of the Illinois Republican Primary election at his celebration party at the Renaissance Schaumburg Convention Center in Schaumburg, Illinois. (March 20, 2012)

By Matea Gold
March 21, 2012, 5:30 a.m.

Reporting from Washington—

The numbers are in - and Mitt Romney won, but not by a landslide.

When it came to fundraising in February, the former Massachusetts governor stayed ahead of his GOP presidential rivals. Romney raised $11.5 million and spent $12.4 million, dramatically slowing down his burn rate from January, when his campaign spent three times more than it raised. Heading into March, he had $7.3 million in the bank.

Rick Santorum got $8.9 million in contributions and spent $7.8 million, ending the month with $2.6 million on hand, along with $922,000 in debt. TexasRep. Ron Paul brought in $3.3 million, spent $3.5 million and ended the month with $1.4 million. Gingrich raised just $2.6 million in February and spent $2.8 million, leaving him with $1.54 million in cash and $1.55 million in debt

Meanwhile, President Obama raised $23.1 million for his reelection in February, out of a total monthly haul of $45 million that his campaign, the Democratic National Committee and two fundraising committees brought in. His campaign spent $15.9 million and ended the month with nearly $85 million in the bank.

In all, Obama has raised a total of $163.2 million for his reelection campaign. At this point in the 2008 race – when Obama was still fighting to win the Democratic nomination – his campaign had pulled in $193.7 million.

Copyright © 2012, Los Angeles Times

http://www.latimes.com/news/politics/la-pn-romney-beats-gop-candidates-in-february-fundraising-obama-tops-all-20120320,0,7914390.story [no comments yet]



Greensburg, KS - 5/4/07

"Eternal vigilance is the price of Liberty."
from John Philpot Curran, Speech
upon the Right of Election, 1790


F6

Join the InvestorsHub Community

Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.