President Obama and Mitt Romney campaigned Thursday in Las Vegas and St. Louis, respectively. The Republican may defy the notion that an incumbent will have a financial edge.
(Whitney Curtis/Getty Images)
Mitt Romney and affiliated Republican committees outraised President Obama and Democratic counterparts by nearly 30 percent in May, a performance that almost certainly has dealt Obama his first defeat in any fund-raising period since the final quarter of 2007. Both Obama and Romney have formed joint fund-raising committees; Romney’s raked in $76.8 million last month, besting Obama’s $60 million. Obama has been the fund-raising leader in every presidential campaign filing periods, dating to the 2008 election cycle.
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