Romney to raise about $10 million in N.Y., Connecticut

NEW YORK — Chasing President Barack Obama’s cash advantage, Republican challenger Mitt Romney expects to raise $10 million during a three-day fundraising swing through the New York area that included a video meeting with donors in China.

Romney’s top finance aide told donors in New York City on Monday that the presumptive Republican presidential nominee was set to raise at least that — and “potentially substantially more” — during more than a dozen events.

Romney also planned a July fundraiser with former Vice President Dick Cheney in Wyoming, according to a “Save the Date” invitation to the event.

“We’ve had a successful swing here in New York,” Romney’s national finance chairman Spencer Zwick told roughly 250 donors who paid $2,500 each to attend a luncheon Monday at the Waldorf-Astoria hotel on Park Avenue. “We will raise more than $10 million, potentially substantially more than that.”

Romney’s fundraising has skyrocketed since he became his party’s presumptive nominee and started raising money with the Republican National Committee. With the party, Romney raised $40.1 million in April. That’s nearly as much as the $43.6 million that President Barack Obama and the Democratic Party raised together last month.

While the president still enjoys a substantial fundraising edge, Romney’s sudden rise shifts the balance of power in a presidential contest that may be the most expensive election in U.S. history.

Zwick noted that Romney nearly matched the incumbent president’s April haul, while prominent Romney donor, New York Jets owner Woody Johnson, said the new numbers were cause for optimism.

“We were expecting Obama to bury us 3-to-1, 4-to-1, 10-to-1, I don’t know. But we’re not being buried,” Johnson said. “We have to win with ideas. And we’ve got to win with cash.”

In just one month, Obama’s 10-to-1 cash advantage has shrunk to 2-to-1, partly because the RNC now is helping Romney. By himself, Romney raised just $12.5 million in March. He may match that total in just three days.

The recent financial success includes outreach to American citizens living or working abroad.

After meeting donors in Connecticut on Sunday night, Romney hosted a private videoconference via Skype with donors in Hong Kong and Singapore. Non-citizens are barred from contributing money to American elections, but Americans living or working abroad, in addition to green card holders, may donate.

While Romney regularly targets China on the campaign trail, aides said all the participants were Americans.

The Republican campaign is also trying to entice donors with a “team-building” trip to Utah next month.

Johnson said eligible donors would have to reach “a certain level, which isn’t that hard to reach.” Fundraising documents distributed outside the luncheon showed that each donor must raise $250,000 to qualify for the trip to Park City, Utah.

More in Local News

Mayor tries new tactic to curb fire department overtime

Stephanson says an engine won’t go into service when the only available staff would be on overtime.

Jamie Copeland is a senior at Cedar Park Christian Schools’ Mountlake Terrace campus. She is a basketball player, ASB president, cheerleader and, of course, a Lion. (Dan Bates / The Herald)
Cedar Park Christian senior stepping up to new challenges

Jamie Copeland’s academics include STEM studies, leadership, ASB activities, honor society.

Cheering families welcome Kidd, Shoup after 6 months at sea

“I get back Daddy back today,” said one homemade sign at Naval Station Everett.

Paine Field fire chief will be allowed to retire

In his letter, the airport director noted Jeff Bohnet was leaving while under investigation.

Stanwood man, 33, killed in crash near Marysville

Speed may have been a factor, the sheriff’s department said.

County plans to sue to recoup costs from ballot drop-box law

A quarter-million dollars could be spent adding 19 ballot boxes in rural areas.

Woman, 47, found dead in Marysville jail cell

She’d been in custody about four days after being arrested on warrants, police said.

Lynnwood man allegedly cuts Marysville’s 911 dispatch wires

The man reportedly told police he intended to trade the wires for drugs.

Ian Terry / The Herald Westbound cars merge from Highway 204 and 20th Street Southeast onto the trestle during the morning commute on Thursday, March 30 in Lake Stevens. Photo taken on 03302017
Pay a toll on US 2 trestle? 10,000 say no on social media

A GOP lawmaker’s chart shows theoretical toll rates of up to $6.30 to cross the trestle one way.

Most Read