Mitt Romney's May fundraising haul: 3 takeaways

By raking in almost $77 million last month, Romney and the GOP eclipse the Obama-DNC juggernaut for the first time. Are the Democrats doomed?

Mitt Romney raised $76.8 million in May
(Image credit: REUTERS/Brian C. Frank)

For the first time in the presidential election, Mitt Romney blasted past President Obama in the campaign fundraising race last month. Romney and the GOP pulled in $76.8 million in May, compared to just $60 million for Obama and the Democrats. Romney raked in twice as much in May as he did in April, and he's off to a red-hot start in June, pocketing $15 million in Texas in the first several days of the month. Here, three takeaways from the latest numbers:

1. Romney is defying historical precedent

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