AP/ September 28, 2012, 11:47 PM

With 40 days left, the candidates focus on their coffers

Republican presidential candidate Mitt Romney greets supporters during a campaign rally at the Valley Forge Military Academy and College in Wayne, Pennsylvania, on September 28, 2012.

Republican presidential candidate Mitt Romney greets supporters during a campaign rally at the Valley Forge Military Academy and College in Wayne, Pennsylvania, on September 28, 2012. / JEWEL SAMAD/AFP/GettyImages

PHILADELPHIA For a day, the presidential contest was almost all about money — money to wage the presidential contest, that is. Mitt Romney promised to help Americans earn more, but he and President Barack Obama focused mostly on private fundraisers and big checks to fuel their 40-day sprint to Election Day.

Obama courted donors in Washington on Friday, while his Republican challenger did the same in Philadelphia and Boston, both men trading swing-state rallies for fundraising in places unlikely to play a significant role in the election of the next president on Nov. 6.

Romney admitted as much during a fundraiser at Philadelphia's exclusive Union League Club. The former Massachusetts governor said it would surprise everyone if he carried Pennsylvania, a state that hasn't supported a Republican presidential candidate in nearly a quarter century.

"We really would shock people if early in the evening of Nov. 6 it looked like Pennsylvania was going to come our way and actually did come our way. That can happen," Romney told about 200 donors who paid between $2,500 and $50,000 to hear his remarks.

"My priority is job creation and growing incomes," Romney continued. "My priority is not trying to punish people who have been successful."

The former businessman's remarks came at the first of three private fundraisers sandwiched around a midday rally. Obama kept close to Washington with a schedule of three fundraisers of his own.

After a midafternoon fundraiser at a downtown Washington hotel, Obama joined about 90 people who paid $20,000 apiece to attend an event hosted by Sen. Jay Rockefeller, D-W.Va. The setting was Rockefeller's home, one of Washington's grandest mansions sitting behind a long, winding driveway near leafy Rock Creek Park.

Obama said that Democrats tend to either think "the sky is falling" or "everything is great."

"This is going to be a competitive race all the way down to the wire," Obama said. "I don't want anybody to feel we're done six weeks out."

As the candidates asked for cash, their campaigns prepared for next week's high-stakes meeting on the debate stage — the first of three presidential debates and perhaps Romney's best chance to reverse the recent Obama gains suggested by opinion polls.

Both men worked international affairs into their politicking Friday with separate telephone calls to Israeli Prime Minister Benjamin Netanyahu. Romney criticized Obama for not meeting with Netanyahu this week during his visit to the United Nations, where the prime minister declared the world has only until next summer to stop Iran from building a nuclear bomb. Aides to both candidates did not mention that dire declaration in their reports of the calls.

But money was largely the focus of the day.

In an election where the two sides already have collected more than $1 billion, each campaign has committed millions more they haven't yet raised to help blanket key states with television ads, drive national voter turnout operations and support massive teams of paid staff and consultants. Private events at places like the Union League Club, where dress codes prohibit wrinkled clothes and huge crystal chandeliers hang from ceilings, are regular occurrences for campaigns seeking the modern-day lifeblood of presidential politics.

Romney and the Republican Party had raised about $536 million through the end of August, the most recent reporting data available. Obama and the Democratic Party had collected about $655 million through the same period.

Both camps have been spending furiously, mostly on expensive television advertising in battleground states. That doesn't count the hundreds of millions of dollars likely to be spent by "super" political committees, which can raise and spend unlimited sums. Republican-leaning super PACs and Romney's campaign have outspent efforts for Obama's re-election since mid-July, ad data show.

Fundraising can present image risks for both sides.

During the 2008 campaign, Republican John McCain's campaign aired advertising calling Obama the "biggest celebrity in the world," showing his image along with Britney Spears and Paris Hilton. Obama's brushes with fame and fortune have only grown in the years since.

45 Photos

Celebrity donors: Obama or Romney?

The president's fundraising trips often combine big money with the mansions and chic brownstones of the nation's elite. Red-carpet stars like George Clooney, Spike Lee, Sarah Jessica Parker and Tyler Perry have all had Obama over for big-dollar dinners. At one fundraiser in Seattle's suburbs last spring, Microsoft founder Bill Gates stood beside a grand piano as Obama spoke at the home of Jeff Brotman, the co-founder of Costco.

And Obama's campaign could have easily staged its own version of the music world's Lollapalooza during his re-election bid: Fundraisers have been headlined by such acts as the Foo Fighters, Chris Cornell of Soundgarden and Eddie Vedder of Pearl Jam. The campaign is planning a "30 Days to Victory" concert on Oct. 7 in Los Angeles featuring Jon Bon Jovi, Earth Wind & Fire, Jennifer Hudson, Katy Perry and Stevie Wonder.

The event will try to eclipse a recent fundraiser with Jay-Z and Beyonce that raised about $4 million in New York.

On Friday, the president delivered remarks at a finance event at the Capital Hilton in Washington, with tickets starting at $250 and going as high as $10,000 per couple. He then attended the smaller fundraiser at Rockefeller's home before returning to the Capital Hilton for another event.

Obama also met with advisers Friday at Democratic National Committee headquarters in Washington to prepare for the debates before heading Sunday to Nevada to hold practice sessions. His campaign released a political memo on Friday saying it expects Romney "to be a prepared, disciplined and aggressive debater."

Romney, too, planned to spend much of his weekend in debate preparation, a task he began three months ago.

But he spent more time fundraising on Friday than anything else. And like Obama, Romney faces fundraising-related risks.

As polls suggest his campaign is moving in the wrong direction, Romney is facing calls from within his party to spend less time with donors and more time with voters. Less than a week ago, he promised to do just that and spent three days this week campaigning across Ohio and Virginia. But he was back to fundraising Thursday night at a single Washington event that generated $5 million.

There, Romney was introduced by Bill Marriott, the chairman of Marriott International.

"He rescued me just as he's going to rescue this great country," Marriott proclaimed after sharing a story about boating on the same New Hampshire lake where both men own vacation homes.

The campaign would not say how much Romney raised at the Philadelphia event, but he was expected to generate at least $7 million at two Boston fundraisers Friday evening. The two-day total was expected to exceed $13 million.

© 2012 The Associated Press. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed.
19 Comments Add a Comment
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GOP-R--Con-Men says:
Republicans have shown they place allegiance to Grover Norquist and party over the love of country. Thereby proving they are undeserving of holding public office and shaping public policy.

Think about it. In 2010 republicans campaigned for congress on creating jobs. But what did they do after gaining control of the house? They began the war on women, they cause America's credit rating to be downgraded, they refused to extend unemployment benefits, they refused to allow a vote on President Obama's job act.

They have created unnecessary voter I.D. laws at the state level to suppress the vote of likely Democratic voters. I could go on and on with numeous examples of how republicans have used they public office to benefit corporations, big oil, big pharma and the super rick over struggling Americans.

Bottom line republicans have shown they are incapable and unworthy of holding public office. Now it's up to voters to vote against them like they have voted against us.
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RollotheNorman says:
Willard ought be concentrating on his coffin: He's fixing to be buried in a Electoral College landslide. LOL.
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Stringbeing says:
If Romney loses this election, and he just might, it will only be because he did not bring up an issue during the campaign.

Obama had us in three wars at one time...with a peacetime tax rate... Talk about your deficit spending and bloated government.. and Obama basically repealed the Bill of Rights with two signatures... one on the Patriot Act and one on Indefinite Detention.

Now they don't need warrants for search and seizure, and once arrested, they don't have to press charges or have a trial.

Obama said he wouldn't be using federal police to shut down state authorized marijuana dispensaries... but he's actually upped that effort..

And taxes are lower now than under Bush.

Will Romney mention such things? Seems to me that such stuff would be great fodder for a political competitor.

Gosh... I HOPE they're political competitors... I'd hate to think they were partners and co conspirators in a sham election.. Oh, I'm just being paranoid... I'm sure Romney will start criticizing Obama for things he's actually done...any day now.
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kbbpll says:
CBS, has anyone told you yet that your new website is butt-ugly?
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jjc9999 replies:
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Agreed.
Stringbeing replies:
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Ditto...It is ugly... and worse, the order in which comments are seen is based on something downright mysterious.
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24lomas says:
Do you want to continue living in a United States where we have high unemployment? Then vote for Obama. If Obama is reelected, we will continue having unemployed individuals and doing this: read this article: 'Killing Is The Solution,' Gang Member.

http://chicago.cbslocal.com/2012/09/27/killing-is-the-solution-gang-member-tells-walter-jacobson/

We will vote for Mitt Romney.
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foo8259 says:
Picture on the CBS mainpage shows a cool and collected Romney opposite an Obama picture that looks more like Nixon did during the infamous Kennedy-Nixon debate in 1960. A slight bias maybe or just coincidence? Time: 9:20 GMT+6
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JusLilOlMe says:
All of you making some of these wild comments really should stop and smell the roses as the saying goes. Most of you aren't really paying attention to what the canidates are saying. And what was previously said. Romney may not be perfect but short of Jesus Christ deciding to enter politics no politician ever will be. As for your hero Obama, aside from all of the rhetoric, made promises he has not even attempted to keep. First and foremost was a promise that if he couldn't fix the economy in the first four years there wouldn't be a second four years. Not!! He chided President Bush saying he was absolutely unpatriotic and evil by saddling future American generations with four trillion in new debt over eight years but in less than four years he has added more than six trillion. Imagine that!! How much is a trillion? I am pretty smart usually but I can't even imagine that many zeros. Obama is the biggest liar and worst president this country has ever known and I hope ever will. Now I imagine CBS News.com, what a joke,they should be renamed Obama support news.com will sensor or delete this comment. But since they offer no other way of commenting on their lack of fair news coverage and support for only one side this will have to do. Not once on this website when I click on a news story, politically rated or not, have I seen a Romney add pop up. But I see the same tired old Obama adds time after time.
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dj_chi replies:
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Obama did NOT add four trillion of new debt. Wall Street Journal rates him the leanest spender since Eisenhower. How do you think they came up with that seeing as they're the paper for the banking industry?! Think they made it up? Look a little deeper than the GOP talking points.
hag1 replies:
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You can't possible be this uninformed! What are you reading/hearing/seeing? It's going to take Nov 6 @ 8pm to convince you. Stay tuned!
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andie52 says:
Ann Romney told a Nevada television station her biggest concern if her husband, Republican presidential candidate Mitt Romney, becomes president was his "mental well-being." Now that's something to be concerned about.
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mmrosshotmail says:
Romney has GOT to get TOUGH
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dj_chi replies:
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The conservative-backed polls have already called the race for Obama.
Rafterman11 replies:
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Rocky, above you said above you are 72. If you aren't set and retied by now, then its your fault, not Obama's. I'm only 45 and am already set.
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USisforallraces says:
If Dems. are not very very vigilant on election day the GOP will RIG/STEAL this election, via their Voter Suppression Tactics!

Everyone should see what that GOP guy said that will help Romney win Philly/other states, now news is out of the GOPs "Strategic Allied Consulting" a firm registering NON EXISTENT/DEAD PEOPLE!!....and they were the ones crying Wolf, about ACORN whereas Acorn has been vindicated.

Dems. must not let Strategic Allied Consulting get off!!
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Wingsfan1983 replies:
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Romney is really counting on the voter registraion act to eliminate those whom cannot get IDs. Trying to steel the election like Bush V Gore
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