Mitt Romney's July Fundraising Tops $100 Million

For three months in a row, Republican presidential hopeful Mitt Romney has raised more money than his incumbent Democrat rival. And it seems his momentum is only growing, as July led to a new record-setting milestone for Romney and the campaign as a whole.

For the first time this election season, a candidate took in more than $100 million in donations. That was bound to happen as November draws near, but it was Romney who passed that mark first.

Romney finance chairman Spencer Zwick said in a statement, “Once again we see that for many people, this is more than a campaign, it is a cause. 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 jump-start our economy and get the country on the right track again. We are well on track to raise the money to be successful in November.”

The Romney campaign has nearly $186 million cash on hand right now. On the flip side os Obama, who only took in about three-quarters of the presumptive Republican nominee.

However, he also set a record. Obama’s $75 million in July was his best month so far this season.

But it also marked the third month in a row that he fell short of the man he must beat in November. So far, Obama is still ahead in the polls, but it is of course a nail biter.


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