WASHINGTON - Mitt Romney and his Republican Party raised $40 million in April, an unexpectedly strong haul in the first month of the general campaign that illustrates enthusiasm within the GOP and threatens President Obama's overwhelming cash advantage.
Since becoming the presumptive Republican presidential nominee, Romney has devoted most of his time to privately courting donors so he can prepare for what may be the most expensive campaign in history. His focus appears to be paying off. In just one month, Obama's 10-1 cash advantage has shrunk to 2-1, partly because the Republican National Committee now is helping Romney.
Romney's April fund-raising figures - a sharp increase from March, when he pulled in just $12.5 million while fending off primary opponents - show that he and the RNC together raised nearly as much money as the president and the Democratic National Committee, which together brought in $43.6 million last month.