Mitt Romney Raises $10M in One Day

Donors hope to intimidate rivals with show of financial muscle
By Kevin Spak,  Newser Staff
Posted May 17, 2011 7:18 AM CDT
Updated May 17, 2011 7:56 AM CDT
Mitt Romney, center, greets supporters during a phone bank fundraiser, Monday, May 16, 2011, in Las Vegas.   (AP Photo/Julie Jacobson)
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(Newser) – Mitt Romney flexed his financial muscle yesterday, raising $10.25 million in a one-day call-a-thon. “That’s a terrific start,” Romney told reporters, adding, “Actually, it’s more than just a start—it really gives us the boost that we need.” It’s also the kind of thing that team Romney is betting competitors aren’t capable of. “Nobody has copied it,” a spokesman tells Politico, “because it is hard to do.”

One fundraiser at the event promised that Romney would easily pull in $40 million for the quarter, and that’s without contributing any of his personal fortune. Donors at the event said they thought the display would strike fear into the hearts of rivals, particularly Mitch Daniels, who hasn't decided whether to run yet. “He’s got to ask—could I do this?” one donor said. “Could I raise even $25 million [for the quarter]?”

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