Elections

$16 million sweeter: Romney schools Obama, DNC in May fundraising

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WASHINGTON (AP) — Republican Mitt Romney’s campaign says together with the GOP it raised more than $76 million in May for his presidential bid.

It’s the first month that the former Massachusetts governor has collected more money than President Barack Obama, who is known for his fundraising prowess. Obama on Thursday reported raising $60 million in conjunction with the Democratic Party in May.

The latest figure also represents a significant jump in fundraising by Romney. He and the GOP brought in $40 million in April, just short of the $43.6 million the Democratic president and party raised that month.