Romney, GOP spring ahead in fundraising

WASHINGTON — WASHINGTON Mitt Romney outraised President Barack Obama in May, the first time the Republican presidential challenger has jumped ahead of Obama and his prodigious fundraising apparatus. The numbers illustrate how Romney and the Republican Party have jelled as a force after a protracted GOP primary.

Other developments

Automatic defense cutslooming in January would be more devastating than previously feared and make it impossible for President Barack Obama to refocus his national-security strategy, a bipartisan group of former lawmakers and retired military officers said Thursday. Members of the Bipartisan Policy Center painted a dire picture for the nation's economy, the military and large and small defense contractors if the automatic reductions occurred on Jan. 2, 2013. Based on a special task force's calculations, the group said the cuts would mean an indiscriminate, across-the-board 15 percent reduction in programs and activities within the military, not the 10 percent that had been estimated.

Scoffing at a White House veto threat, the House voted Thursday to repeal a tax on medical-device makers that Republicans cast as a job-killing levy that would stifle an innovative industry. Lawmakers approved the measure 270-146, with 37 Democrats from states with a heavy presence of medical- equipment makers like Minnesota, New York and California joining all 233 voting Republicans. Most Democrats said the bill was yet another GOP attempt to weaken President Barack Obama's health-care overhaul, which created the tax to help pay for that law's expansion of health-care coverage to 30million Americans.

A group seeking to recall Michigan Gov. Rick Snyder announced Thursday that it has ended the effort following Gov. Scott Walker's victory in Wisconsin's recall election. The group called Michigan Rising said it will stop collecting signatures, noting it already was short of its own gathering goals. Instead, the group said it will focus on a long-term effort to form a progressive think tank, develop progressive leaders and support current progressive legislators.

-- Wire services

Romney and his party raised more than $76 million last month, the campaign said Thursday. Obama's campaign reported that it and the Democratic Party raised $60 million for the month.

Obama, forced onto the defensive by lackluster employment numbers, launched a television ad Thursday in nine key election-year states targeting Congress and blaming lawmakers for not acting on his job proposals. The approach represents an expanded ad focus for Obama, who had been going after Romney.

The fundraising numbers and Obama's new ad signal a new stage in the campaign as a resurgent Romney capitalizes on his emergence as the GOP's standard-bearer and as Obama is forced to confront the political implications of a weak economic recovery.

"We got beat," Obama campaign manager Jim Messina wrote bluntly in an e-mail to supporters, urging contributors to step up their giving.

For Romney, the latest figure represents a significant jump in fundraising. He and the GOP brought in $40 million in April, just short of the $43.6 million the Democratic president and his party raised that month. What's more, Romney is getting a significant boost from Republican-leaning super PACs that have raised far more and spent far more than their Democratic-leaning counterparts.

Romney, stepping up his criticism of Obama, campaigned and was raising money Thursday in Missouri. In a speech at a factory in St. Louis, Romney accused Obama not only of a failure of policy but of "a moral failure of tragic proportions."

Citing millions of unemployed or underemployed Americans, Romney said that Obama nevertheless claimed he was doing a great job.

"I will not be that president of doubt and deception," he said.

Asked afterward to comment on topping Obama in fundraising, Romney said only: "Long way to go."

Obama was mixing more fundraising with official business Thursday as he wrapped up a two-day West Coast trip that included four fundraisers on Wednesday. He started the day under a sweltering sun in the Los Angeles area at a breakfast fundraiser for about 300 people. Tickets started at $2,500.

Later, addressing about 2,500 college students at the University of Nevada, Las Vegas, Obama picked up on the theme of his latest campaign ad and blamed congressional inaction for the lack of additional job growth.

"If they had taken all the steps I was pushing for back in September, we could have put even more Americans back to work. We could have sliced through these headwinds more easily," Obama said.

Obama campaign officials noted that Romney's fundraising surge could be temporary and that it reflects his recently sealed standing as the presumptive Republican presidential nominee, which allows him to raise more general election money. It also lets him raise money jointly for his campaign and for the Republican Party.

The Obama officials pointed out that Democratic presidential challenger John Kerry briefly experienced a similar surge in fundraising over President George W. Bush in the spring of 2004 after Kerry had locked up the nomination.

In his e-mail, Messina sought donations of $3 or more to "close the gap" against Romney in fundraising.

"More people giving a little bit is the only way to compete with a few people giving a lot,'' he said. So, let's fight like hell and win this thing."

Obama has been an active fundraiser and lately has stepped up the number of events he holds with donors. As of Thursday, the president has done 153 fundraisers since filing as a candidate for re-election on April 4, 2011, according to statistics kept by CBS News White House correspondent Mark Knoller. During same period in the 2004 election cycle, Bush had participated in 79 fundraisers.

In all, Obama and the Democratic National Committee and other state-focused funds have hauled in more than $500 million during the 2012 election campaign, compared with more than $480 million for Romney and the Republican Party.

The Romney campaign reported that the party and the campaign had $107 million cash on hand at the end of May. Obama's campaign did not list its comparable figure on Thursday, but last month, it reported $115 million in the bank through the end of April, with the DNC listing $24 million in hand.

Obama's new ad does not mention congressional Republicans, but its target is clear. Republicans have proposed their own measures aimed at creating jobs and have blocked several Obama proposals to promote hiring of teachers and police officers and to increase infrastructure projects. Obama has proposed paying for those measures with tax increases on wealthier taxpayers, an idea Republicans reject.

The ad is airing in the key presidential-election states of Colorado, Florida, Iowa, North Carolina, New Hampshire, Nevada, Ohio, Pennsylvania and Virginia. The campaign declined to reveal how much it was spending on the ads, saying only that it was a "significant" purchase of air time.

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