Campaign Funds | featured news

A two-day fundraising swing through California by Mitt Romney brought in $10 million, a sizable addition to the presumptive GOP nominee’s war chest as he prepares for the general election battle with President Obama.

Mitt Romney’s campaign has improved its fund-raising from small donors, helping to build an advantage in money available after the two parties hold their nominating conventions.

Morgan Freeman donated $1 million last month to Priorities USA Action, the main super PAC supporting President Obama.

Senate Republicans blocked Democratic-backed legislation requiring organizations pouring hundreds of millions of dollars into campaign ads to disclose their top donors and the amounts they spend.

Of the big donors helping propel the fundraising of U.S. Republican presidential hopeful Mitt Romney, fewer than 1 percent have hit the limit they can donate to his election bid, suggesting cash is likely to keep pouring into his coffers.

Mitt Romney's campaign roped in more than $4 million in a single campaign stop in Wyoming with a boost from a controversial political figure: former Vice President Dick Cheney.

Former Vice President Dick Cheney is using his popularity with Republican conservatives to give a boost to Mitt Romney, hosting a fundraiser for the party's likely nominee at a mountain valley resort as well as a private dinner at his Wyoming home....

The Democratic National Convention is reportedly having trouble with its fundraising about two months before the party faithful gather in Charlotte to renominate President Obama. The Washington Post reports the host committee has raised about $20 million and is about $16 million shy of its goal. The story cites unnamed sources, describing them as "several people familiar with the internal discussions."

The Obama campaign on Tuesday shrugged off reports showing that Republican challenger Mitt Romney outpaced the president by $35 million in contributions last month, even after firing off a dire message to donors warning of defeat in November if fundraising doesn’t improve... Obama representatives also blasted the Republican super PACs. “You’ve got a few very wealthy people running around trying to purchase the White House for Mr. Romney,” White House senior adviser David Plouffe told ABC’s “Good Morning America” on Tuesday.

President Obama's campaign is using an old-fashioned technique to raise money these days: fear. Namely, fear of losing the election to Mitt Romney because of money. Twice within the past week, Obama campaign officials have cited the Republicans' newfound money advantage in asking for more and bigger contributions.