Bloomberg News

Poll Front-Runner Romney Reports $18.3 Million in Fundraising

July 06, 2011

July 6 (Bloomberg) -- Former Massachusetts Governor Mitt Romney, who polls show is the leading contender for the 2012 Republican presidential nomination, today reported raising $18.3 million for his campaign during the second quarter.

As of June 30, Romney had $12.6 million in the bank, his campaign said in an e-mailed news release.

“Voters are responding to Mitt Romney’s message that President Obama’s policies have failed and that we need new leadership in Washington,” Spencer Zwick, Romney’s national finance chairman, said in a statement. “Our fundraising for the second quarter represents the strong support Mitt Romney has across the country.”

Romney’s campaign had said earlier this month that he raised $15 million to $20 million during the quarter. His total is more than four times as much as what other Republicans who have released their totals have said they collected.

U.S. Representative Ron Paul of Texas reported that he took in more than $4.5 million; former Minnesota Governor Tim Pawlenty raised about $4.2 million; and the campaign of former Utah Governor Jon Huntsman said it collected $4.1 million.

Huntsman’s campaign said its figure included personal money from the candidate. The campaign declined to disclose the amount, while saying it was less than half of the total. Huntsman served as U.S. ambassador to China under President Barack Obama until he quit that post earlier this year.

Campaign Disclosures

Other candidates who have yet to report their totals include Representative Michele Bachmann of Minnesota. Bachmann, who announced her candidacy on June 27, had $2.9 million in her congressional campaign account as of March 31, all of which could be used for a presidential run.

Detailed disclosures are due to the Federal Election Commission by July 15.

Romney was scheduled to be in London today to raise money from Americans living there and also planned to meet with British government officials, the Boston Globe reported.

Romney raised $60 million in an unsuccessful bid for the 2008 nomination and lent his campaign $45 million more. He lost the Republican race to Senator John McCain of Arizona.

Obama’s campaign has yet to release fundraising figures for his re-election bid. His campaign announced through Twitter that it had received money from almost 500,000 donors through June 30.

--With assistance from Jonathan D. Salant in Washington. Editors: Laurie Asseo, Bob Drummond

To contact the reporter on this story: John McCormick in Chicago at jmccormick16@bloomberg.net

To contact the editor responsible for this story: Mark Silva at msilva34@bloomberg.net.


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