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Obama, DNC raise $68M in final 3 months of 2011
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| Contributor | RP |
| Last Edited | RP Jan 12, 2012 09:38am |
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| Category | Announcement |
| Author | KEN THOMAS |
| News Date | Thursday, January 12, 2012 01:20:00 PM UTC0:0 |
| Description | President Barack Obama raked in more than $68 million combined for his re-election campaign and the Democratic Party during the final three months of 2011, gearing up for a formidable challenge against his Republican opponent later this year.
The large fundraising quarter helped Obama's campaign and the Democratic National Committee surpass $220 million in 2011, bankrolling the president's re-election campaign as Republicans settle on a nominee. Republican frontrunner Mitt Romney raised $56 million for the primary through Dec. 31, his campaign announced Wednesday, far outpacing his GOP opponents.
Obama campaign manager Jim Messina said Thursday in a video to supporters that the campaign collected more than $42 million for the quarter, with the DNC bringing in more than $24 million, along with $1 million for a joint fund to help state parties in key states. The amount helped the president's team beat an internal goal of $60 million combined for the quarter.
Obama's campaign collected $750 million in 2008, prompting speculation that it could top $1 billion this time. |
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