Tags: Barack Obama | 2012 President Race | | GOP | Obama | campaign | donations

Obama War Chest ‘Wake-Up Call’ for GOP

Thursday, 07 Jul 2011 10:56 AM

By Dan Weil

Front-runner Mitt Romney is far and away the top fundraiser among Republican presidential candidates so far. The former Massachusetts governor took in $18 million during the second quarter, while neither Tim Pawlenty nor Jon Huntsman garnered even $5 million, Politico reports.

Obama, GOP, Romney, PawlentySo Romney’s total sounds pretty good — until you compare it with President Barack Obama’s.

His re-election campaign and a joint fund set up with the Democratic National Committee publicly set a $60 million target for the quarter. And they’re sure to break that, Democratic sources say. The official numbers will be filed with the Federal Election Commission July 15.

Republicans are understandably concerned about the money gap. “There’s not any doubt that Obama is going to raise more money than anybody has ever raised running for president,” said Henry Barbour, a Republican National Committee member and the governor’s nephew. “Is that sobering? Sure it is. It’s a wake-up call.”

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