Mitt Romney joins forces with RNC to boost fundraising

by
May 22, 2012

By , Washington Post

Mitt Romney has been on a fundraising tear recently, drawing more than $10 million during a swing through New York this week and another $10 million in Florida last week.With the primary challenge behind him, Romney is partnering with the national and state GOP fundraising apparatus to stretch donation limits beyond the $5,000 that any one person can give to his presidential campaign.

By joining forces with the Republican National Committee and four of its state-level affiliates, Romney is able to raise $75,800 from one person or more than $150,000 from a couple. That puts him on an even playing field with President Obama, who has been doing the same on the Democratic side since last year.

In April, Romney’s campaign raised $11.5 million and the RNC raised $11.2 million, according to reports filed with the Federal Election Commission on Sunday night. TheRomney Victory Fund, a joint fundraising committee, took in an additional $17.4 million, according to the campaign.

The fund includes state parties in Oklahoma, Massachusetts, Idaho and Vermont. Once they receive the Victory money, they’ll transfer it to battleground states for get-out-the-vote efforts, a Romney aide said.

Overall, the $40.1 million raised by Romney and the RNC puts them nearly even with the Obama campaign and the Democratic National Committee, which brought in a combined $43.6 million in April. Obama has also been fundraising aggressively in May, hosting an event at actor George Clooney’s house that reportedly raised about $15 million.

Romney has relied heavily on the finance industry to fill his coffers. Records show that his campaign has taken in $3 million from Fairfield County in Connecticut, as much as he’s raised from Los Angeles County and topped only by the $5.4 million from Manhattan, according to a Washington Post analysis of federal filings. Fairfield has one of the nation’s largest concentrations of hedge funds and other financial firms.

Romney was in Connecticut collecting checks on Sunday. He went on Monday to Manhattan, where the campaign held a breakfast for 70 people near Wall Street co-hosted by Gerald Hassell, president of the Bank of New York Mellon. Later, Romney spoke to at least 240 people at a fundraising lunch in the Starlight Room at the Waldorf Astoria in Midtown.

To read more, visit: http://www.washingtonpost.com/politics/romney-joins-forces-with-rnc-state-parties-to-increase-fundraising/2012/05/21/gIQAtV1UgU_story.html

 

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