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Obama Super PAC Narrows Gap

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Raised $4 million in May.

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Evan Vucci / AP Photo

The super PAC supporting President Obama's reelection has had some trouble raising money. But it had a breakout month in May, raising $4 million. The super PAC, Priorities USA Action, has not been able to keep up with GOP groups like Karl Rove's American Crossroad's, but it looks like June will also be a good month for Obama's organization, according to sources who say it has raised $4 million so far this month. The super PAC supporting Mitt Romney, Restore Our Future, raised about $5 million in May.

Read it at Reuters