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The Democratic president and Republican challenger Mitt Romney have both been aggressively hunting for campaign money overseas, seeking any advantage in a tight race that's expected to stay that way into the fall. Each has raised hundreds of thousands of dollars in this fashion, not including the sums raised overseas by both party committees, though it is just a fraction of the more than $300 million Obama has raised overall and the $155 million raised by Romney. American citizens and green-card holders can legally donate regardless of where they live, subject to the $2,500-per-person contribution limit that applies to those living stateside. U.S. law bans foreigners from contributing to political campaigns. Campaigns, the parties and political committees are expected to review donors and reject any ineligible contributions.
[Associated
Press;
Copyright 2012 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.
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