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Politics : Formerly About Advanced Micro Devices
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To: puborectalis who wrote (641832)1/11/2012 3:18:28 PM
From: longnshort1 Recommendation  Read Replies (1) of 1578095
 
Romney boosts bankroll with best fundraising quarter

Fresh off his win in New Hampshire, making former Massachusetts Gov. Mitt Romney two-for-two in the race for the Republican presidential nomination, his campaign on Wednesday said he had raised $24 million in the final three months of 2011 and had $19 million in cash on hand. That's Mr. Romney's best quarter so far in this campaign, and it comes as he is trying to project an air of inevitability about his nomination heading into South Carolina's Jan. 21 primary.

"Mitt Romney's growing financial support is representative of the growing momentum for our campaign," said Spencer Zwick, Mr. Romney's finance director.

All told, Mr. Romney raised $56 million in 2011. President Obama and the Democratic National Committee, meanwhile, were on pace to raise more than $200 million in 2011.

Mr. Romney argues he's the Republican best able to compete with the president's formidable fundraising machine.

Texas Rep. Ron Paul's campaign said last week it had raised $13 million in the final quarter of 2011, while former Pennsylvania Sen. Rick Santorum said his fundraising was "embarrassing" in the last quarter, but said he raised $1 million in the first day after his near-win in Iowa's caucuses.
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