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Romney pips Obama's $60m haul by raising $76.8m in May

      Presumptive GOP nominee Mitt Romney and the Republican National Committee have raised 76.8 million dollars in May, overtaking the Obama campaign and Democratic National Committee's 60 million dollar joint total. Romney and the RNC now have a combined 107 million dollars cash in hand to spend on the fall election. "We are encouraged by the financial support from a broad range of voters. It is clear that people aren't willing to buy into 'hope & change' again. Voters are making an investment because they believe that it will benefit the country," the New York Post quoted Chairman of Romney National Finance, Spencer Zwick, as saying. Reince Priebus, the RNC Chairman said that the May numbers were "a sign that Americans are tired of President Obama's broken promises and want a change of direction in the White House." According to the paper, the campaign said 93 percent of its donors contributed 250 dollars or less. Earlier Thursday, President Barack Obama had announced over Twitter his campaign and the DNC had raised 60 million dollars in May from 572,000 donors. The campaign did not disclose how much cash it had on hand and ended the month of April with 143 million dollars.

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