Rep. Michele Bachmann, R-Minn., raised a combined total of $2.2 million in the first quarter of 2011, outgaining presumed presidential contender Mitt Romney who raised $1.9 million over the same period.
One caveat: Romney likely put more cash in the bank than Bachmann did in the first quarter because she’s likely raising money from high-cost direct mail, while he probably has a larger amount of high-dollar donors. Remember when everyone was wowed that Sharron Angle raised $14 million in one quarter? We found out later that it cost her $12 million to raise that $14 million.
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