The Atlantic | Mitt Romney raised $10.25 million Monday during a phone bank fundraiser held in Las Vegas. It’s widely acknowledge to be an impressive one day total. But how much is it in the larger context of presidential politics?
In 2008, the combined total for all the candidates for the presidency was more than $1 billion for the first time in history. Barack Obama alone raised $730 million, while John McCain raised roughly $333 million. Ralph Nader raised $4 million for the contest, and Libertarian Party candidate Bob Barr raised $1 million. During the GOP primaries four years ago, Romney raised roughly $110 million in his failed bid for the nomination (if you could the $44 million that came from his personal fortune as having been “raised”). That same year, Ron Paul wowed observers by raising $6 million in a 24 hour period. MORE