Talking Points Memo:

Mitt Romney and the RNC raised $76.8 million in May, easily outpacing $60 million from President Obama’s campaign and the DNC. With outside conservative groups alone already outspending the Obama campaign in swing states and Democrats begging donors for help, the money race is tilting quickly toward the GOP.

(This doesn't even include super PAC money.) I'm not going to lie to you: This is terrible news for Democrats. A few months ago, it would have been unthinkable that Romney would have outraised President Obama in even one month this year. If you've been waiting to start donating, consider this to be your call to action.