POLITICS

Mitt Romney's Wealthy Donors May Be Fleeing Campaign: Report

10/01/2012 05:02 pm 17:02:18 | Updated Oct 02, 2012

Mitt Romney's campaign may be suffering in more than just the battleground states.

Fox Business' Charlie Gasparino reports that some wealthy donors who have made financial commitments to the Romney campaign are reneging, and instead, opting to send their money to Republican House and Senate candidates who they see as having a better chance of winning next month.

Citing two sources, including "a major player in Romney’s New York fundraising circles," Gasparino notes that some donors are losing faith that the Republican nominee can beat Obama.

As The Huffington Post's Mark Blumenthal reports, the president is ahead "by statistically meaningful margins in all of the battleground states except North Carolina."

Obama also leads Romney 49 percent to 47 percent among likely voters in a new nationwide Washington Post/ABC survey.

As of Monday, HuffPost's Election Dashboard -- an analysis of hundreds of local and national opinion polls -- showed the president leading Romney in electoral votes, 332 to 191. Two hundred and seventy electoral votes are needed to win.

The Romney campaign outraised the Obama campaign from May through July, but the president's campaign raised more money than that of the Massachusetts governor in August.

The Obama campaign -- along with Obama's victory committee and the Democratic National Committee -- raised $114 million in August. The Romney campaign, combined with Romney Victory and Republican National Committee, trailed by a little more than $2 million, raising $111.6 million during the same period.

At the end of August, however, the RNC had more than ten times the cash of the DNC, according to the Hill.

Over the weekend, the Obama campaign announced it was set to exceed ten million donations.

Gasparino reports on how much money Republicans and Democrats running for House and Senate seats have raised, so click over to Fox Business to read more.

Also on HuffPost:

Donors Giving $500,000-Plus To Super PACs
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