This Day On The Street
Continue to site
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here

Romney Super PAC Pummels Obama's in March

NEW YORK ( TheStreet) -- Mitt Romney enjoyed his best fundraising month in March while his supporting super PAC outraised Barack Obama's super PAC for the third-straight month in 2012.

Romney's campaign raised $12.6 million as Restore Our Future -- the Romney-backing super PAC -- added $8.7 million, according to Federal Election Commission reports.

Mitt Romney

"Mitt Romney's continued strong fundraising shows that voters across the country are tired of the failures from President Obama," said Spencer Zwick, Romney's finance chairman, in a statement. "We will continue the hard work to raise the necessary funds to defeat President Obama and change the direction of the country."

Obama-backing super PAC Priorities USA Action reported to the FEC that it raised $2.5 million in March to bring its 2012 total to $4.6 million.

Though Restore Our Future continued to outraise Priorities USA Action, the Romney PAC spent nearly 40 times more of its funds than the Obama PAC -- $12.7 million against $318,254.

Restore Our Future's spending was largely due to the ongoing primary battle against Rick Santorum that ended two weeks ago when the former Pennsylvania senator dropped out of the race.

Romney raised his primary funds of the past year to $86.8 million, which still lagged the $147.4 million Obama has received in this election cycle.

-- Written by Joe Deaux in New York.

>Contact by Email.

>Follow Joe Deaux on Twitter. Subscribe on Facebook.

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
Stocks Under $10

David Peltier uncovers low dollar stocks with serious upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!
SYM TRADE IT LAST %CHG
AAPL $124.75 0.00%
FB $80.78 0.00%
GOOG $524.05 0.00%
TSLA $206.79 0.00%
YHOO $44.45 0.00%

Markets

DOW 17,826.30 -279.47 -1.54%
S&P 500 2,081.18 -23.81 -1.13%
NASDAQ 4,931.8150 -75.9760 -1.52%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs