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Obama Has Spent More than $540 Million on Election (And other stats)
Sunday, November 4, 2012 21:59
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2012 Presidential Race
Presidential candidates have already raised and spent millions of dollars in the 2012 campaign, as we know from the reports they’re required to file each month with the Federal Election Commission. Here OpenSecrets.org highlights how the White House hopefuls are stacking up in the money chase, highlighting a comparison of the front-runners.
See all active candidates
See all candidates – including those who have dropped out.
 Barack Obama (D) |
 Mitt Romney (R) |
|
|---|---|---|
| RAISED | $632,177,423 | $389,088,268 |
| SPENT | $540,812,931 | $336,399,297 |
| DEBTS | $5,472,241 | $3,000,000 |
|
CASH (ON HAND) |
$93,667,891 | $52,702,010 |
|
OVERALL SPENDING (SEE MORE) |
BLUE TEAM $931,437,722 |
RED TEAM $1,022,753,520 |
Source of Funds
  |
Small Indiv Contrib. Large Indiv. Contrib. |
$214,314,215 $423,360,831 |
| Individual contributions | $631,650,564 | |
 |
PAC contributions | $0 |
 |
Candidate self-financing | $5,000 |
 |
Federal Funds | $0 |
 |
Other | $521,859 |
|
|
Small Indiv. Contrib. Large Indiv. Contrib. |
$70,851,796 $316,212,124 |
| Individual contributions | $384,901,892 | |
|
|
PAC contributions | $994,782 |
|
|
Candidate self-financing | $52,500 |
|
|
Federal Funds | $0 |
|
|
Other | $3,139,094 |
Top Contributors
Barack Obama (D)
| 1 | University of California | $1,092,906 |
| 2 | Microsoft Corp | $761,343 |
| 3 | Google Inc | $737,055 |
| 4 | US Government | $627,628 |
| 5 | Harvard University | $602,992 |
Mitt Romney (R)
| 1 | Goldman Sachs | $994,139 |
| 2 | Bank of America | $921,839 |
| 3 | Morgan Stanley | $827,255 |
| 4 | JPMorgan Chase & Co | $792,147 |
| 5 | Credit Suisse Group | $618,941 |
NOTE: The organizations themselves did not donate, rather the money came from the organizations’ PACs, their individual members or employees or owners, and those individuals’ immediate families. Organization totals include subsidiaries and affiliates.
Top States
Barack Obama (D)
| California | $57,721,104 |
| New York | $34,343,867 |
| Illinois | $16,386,435 |
| Massachusetts | $15,861,350 |
| Texas | $14,058,942 |
Mitt Romney (R)
| California | $36,415,714 |
| Texas | $30,650,731 |
| Florida | $27,072,235 |
| New York | $22,558,510 |
| Virginia | $11,689,877 |
Sector Totals
Barack Obama (D)
| Agribusiness | $1,881,709 |
| Communications/ Electronics | $18,885,143 |
| Construction | $3,723,263 |
| Defense | $985,575 |
| Energy & Natural Resources | $2,172,790 |
| Finance, Insurance & Real Estate | $18,718,167 |
| Health | $16,901,498 |
| Lawyers & Lobbyists | $25,531,710 |
| Transportation | $1,218,873 |
| Misc Business | $19,963,821 |
| Labor | $413,394 |
| Ideological/ Single-Issue | $12,087,160 |
| Other | $83,438,998 |
Mitt Romney (R)
| Agribusiness | $6,340,486 |
| Communications/ Electronics | $6,443,001 |
| Construction | $8,148,634 |
| Defense | $1,061,629 |
| Energy & Natural Resources | $8,621,846 |
| Finance, Insurance & Real Estate | $52,108,339 |
| Health | $15,342,167 |
| Lawyers & Lobbyists | $13,638,350 |
| Transportation | $5,011,332 |
| Misc Business | $24,410,405 |
| Labor | $3,250 |
| Ideological/ Single-Issue | $6,915,310 |
| Other | $63,007,960 |
Top Industries
Barack Obama (D)
| Retired | $50,002,197 |
| Lawyers/Law Firms | $25,130,021 |
| Education | $19,528,183 |
| Health Professionals | $9,460,088 |
| Business Services | $7,821,996 |
Mitt Romney (R)
| Retired | $56,306,153 |
| Securities & Investment | $19,610,445 |
| Real Estate | $12,942,203 |
| Lawyers/Law Firms | $12,267,294 |
| Health Professionals | $10,198,075 |
Quality of Disclosure
|
|
Full Disclosure | $257,253,043 | (87.1%) |
|
|
Incomplete | $23,844,488 | (8.1%) |
|
|
No Disclosure | $14,143,188 | (4.8%) |
|
|
Full Disclosure | $260,475,711 | (81.4%) |
|
|
Incomplete | $15,985,330 | (5.0%) |
|
|
No Disclosure | $43,688,010 | (13.6%) |
Spending Related to Presidential Race so far
Campaigns and Parties through 10/17, Outside spending current
| Candidate Spending | $540,812,931 |
| National Party Spending | $263,223,785 |
| Outside Spending | $127,401,006 |
| Total | $931,437,722 |
Blue Team| Candidate Spending | $336,399,297 |
| National Party Spending | $284,156,290 |
| Outside Spending | $402,197,933 |
| Total | $1,022,753,520 |
Red TeamWhy (and How) We Use Donors’ Employer/Occupation Information
NOTE: All the numbers on this page are for the 2012 election cycle and based on Federal Election Commission data released electronically on Thursday, October 25, 2012.
(“Help! The numbers don’t add up…”)
Republished with permission from OpenSecrets, a project from The Center for Responsive Politics.
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