The New York Times:
A new joint fund-raising initiative between Mitt Romney and the Republican National Committee will aim to raise $800 million by November, part of what Mr. Romney’s campaign estimates will be a total of $1 billion spent to defeat President Obama and elect Mr. Romney, a former Massachusetts governor.
The goals were laid out in a memorandum circulated by Mr. Romney’s top fund-raisers in recent days and on a conference call with donors late last week. The memo indicates that Mr. Romney’s top aides hope to collect a total of at least $500 million for the campaign and for the joint fund, known as Romney Victory, through a program for high-dollar donations.
They are also hoping to bring in $300 million in smaller donations, an area where Mr. Romney has so far lagged well behind other Republicans candidates and Mr. Obama but where the Republican committee has performed relatively well. The campaign also estimates that “super PACs” and other outside groups will spend another $200 million in the race, according to the memo.