Wednesday, February 01, 2012

Super PACs helping Republican candidates close in on Obama

The Washington Post reports:
Conservative super PACs and other outside groups are helping Republicans close a yawning fundraising gap with President Obama, giving the eventual GOP presidential nominee a better chance at winning the money race by November, according to new disclosures Tuesday.

Obama’s fundraising has continued to outpace that of his Republican challengers, amassing four times as much cash on hand at the end of December as front-runner Mitt Romney, records show. Overall, Obama raised $224.6 million in 2011 for his campaign and the Democratic Party, easily eclipsing the combined hauls of the GOP candidates.