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15 Feb 2012 10:36

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Politics: Could Romney run out of big-money Republican donors?

  • I don’t know that he’s completely tapped out, but they are trying to look under every stone. You run out of people you can hit up for $2,500.
  • A top New York Republican fundraiser • Discussing the plight of Mitt Romney, whose campaign thus far has largely been funded by big donors. Seems that the well is starting to run dry, though, and unlike Obama’s strong contingent of small donors (which Santorum is starting to build up), Romney has never been able to rely on those. In fact, just by the numbers, most of Romney’s donors have been big ones — in 2011, for example, 82 percent of Romney’s individual donations were $1,000 or higher. Is this a long-term problem? Possibly. source