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Monday, May 21, 2012

Pro-Obama super PAC slump continues

The pro-Barack Obama super PAC Priorities USA Action is still struggling to keep up with GOP super PACs preparing to unleash millions of dollars in independent advertisements.

Priorities USA Action raised $1.6 million in April, according to federal records released late Sunday. It’s the smallest haul the group has pulled in since the meager $59,000 the group raised in January.

The group raked in $3 million less than the pro-Mitt Romney super PAC Restore Our Future raised in April, even as the GOP group reported its worst fundraising month so far this year.

Priorities USA Action is also trailing the pro-Romney group in cash reserves, even after the GOP group focused much of its money early on in knocking out primary opponents. The Democratic group reported having $4.7 million stockpiled at the end of last month, compared to Restore Our Future’s $8.2 million.  (Full Story)

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