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Obama beats Romney in fundraising, extends lead
Source: Agencies |
September 11, 2012, Tuesday
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UNITED States President Barack Obama notched a win in the battle for campaign cash for the first time in four months, raising more money than Mitt Romney in August as the candidates gear up for the final stretch of their closely-contested campaign.
With Election Day less than two months away, Obama is also picking up a lead of a few percentage points over Romney in several daily tracking polls, but the race remains a very tight one that most voters say depends on which candidate they feel is best prepared to revive the struggling US economy. Obama appeared to have benefited from last week's Democratic National Convention and speeches by his wife, first lady Michelle Obama, and former president Bill Clinton, but post-convention bumps in poll numbers tend to be fleeting.
Obama raised more than US$114 million in August, while Romney brought in just over US$111 million, according to numbers released early yesterday by the rival campaigns. It's a sharp increase for Obama, who raised US$75 million in July.
While incumbent presidents normally raise more money than their challengers, Obama and his supporters have struggled to match the fundraising prowess of Romney and his allies. Despite Obama's fundraising edge in August, Romney has collected more than US$100 million for the third straight month, and the figure represents his best one-month fundraising total.
Romney showed signs of taking a new, more centrist tack toward health care and defense spending as he starts the next leg of his campaign with a rally in Ohio, a pivotal battleground state in the state-by-state battle for the presidency. Obama, who spent the weekend campaigning in Florida, is scheduled to be at the White House.
After weeks of pushing conservative Republican themes leading up to the party convention in Tampa, Florida, Romney's less partisan tone comes as the race shifts toward the November 6 election, which is expected to be decided in fewer than 10 states where neither Romney nor Obama has a significant advantage.
With Election Day less than two months away, Obama is also picking up a lead of a few percentage points over Romney in several daily tracking polls, but the race remains a very tight one that most voters say depends on which candidate they feel is best prepared to revive the struggling US economy. Obama appeared to have benefited from last week's Democratic National Convention and speeches by his wife, first lady Michelle Obama, and former president Bill Clinton, but post-convention bumps in poll numbers tend to be fleeting.
Obama raised more than US$114 million in August, while Romney brought in just over US$111 million, according to numbers released early yesterday by the rival campaigns. It's a sharp increase for Obama, who raised US$75 million in July.
While incumbent presidents normally raise more money than their challengers, Obama and his supporters have struggled to match the fundraising prowess of Romney and his allies. Despite Obama's fundraising edge in August, Romney has collected more than US$100 million for the third straight month, and the figure represents his best one-month fundraising total.
Romney showed signs of taking a new, more centrist tack toward health care and defense spending as he starts the next leg of his campaign with a rally in Ohio, a pivotal battleground state in the state-by-state battle for the presidency. Obama, who spent the weekend campaigning in Florida, is scheduled to be at the White House.
After weeks of pushing conservative Republican themes leading up to the party convention in Tampa, Florida, Romney's less partisan tone comes as the race shifts toward the November 6 election, which is expected to be decided in fewer than 10 states where neither Romney nor Obama has a significant advantage.
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