Tags: 2012 President Race | US | Obama | 2012

Obama Set to Launch Re-Election Bid

Saturday, 02 Apr 2011 01:15 PM

 

WASHINGTON (AP) — President Barack Obama is getting ready to make one of Washington's worst kept secrets official: He wants a second term.

Democratic officials familiar with the plan say Obama will file 2012 campaign papers with the Federal Election Commission as early as this coming week.

It's a long-anticipated but formal step that will allow him to start raising money for the campaign, which will be based in Chicago.

The fundraising effort has begun. Obama raised $1.5 million at a Democratic fundraiser in New York City this past week and he'll headline events in the coming weeks in Chicago, Los Angeles and San Francisco.

Obama raised an eye-catching $750 million for his 2008 campaign.

The officials asked not to be identified in order to speak before the re-election papers are filed.

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