Romney rakes in the dough, gives generously
Former, and perhaps future, Republican presidential hopeful Mitt Romney raked in some serious cash — $1.6 million — for his political action committee during the first half of 2009, despite the recession.
Romney, who dropped out of the 2008 presidential campaign after poor showings in the early primaries despite raising huge sums of money, is considered one of the untainted potential candidates for 2012. Problems saddling fellow Republicans like outgoing Alaska Governor Sarah Palin and Nevada Senator John Ensign have put their presidential aspirations in question.
In addition to trying to stockpile some cash in case he decides he will make another White House bid, Romney donated $5,000 to Missouri Republican Representative Roy Blunt, who is running for Senate in 2010, and Republican Bob McDonnell, who is seeking Virginia’s governorship.
Romney also gave $1,000 to Representative Mark Kirk, who has been weighing a bid for President Barack Obama’s old Senate seat in Illinois. Kirk has wavered on whether to run for the open seat being vacated by Democratic Senator Roland Burris.
One of the biggest recipients of Romney’s largess was the New Hampshire Republican State Committee, which got $10,000. He served as governor of neighboring Massachusetts.
Romney’s PAC ended the six-month period with almost $850,000 in cash on hand.
- Photo credit: Reuters/Jim Young (Romney at the 2008 Republican National Convention)