Tags: obama | democrats | raise | 29.1

Obama Campaign, Democrats Raise $29.1 Million in January

Friday, 17 Feb 2012 08:17 AM

 

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President Barack Obama's re-election campaign and its Democratic allies raised a combined $29.1 million in January, accelerating their fundraising pace as the White House race draws closer.

In a statement released on Twitter on Friday, the Obama campaign said 98 percent of its donations were $250 or less, signaling strength from core, small-time donors that his re-election team prizes.

Obama and Democrats supporting him raised more than $68 million in the final three months of last year, pushing the shared fundraising by his campaign and the Democratic National Committee to over $200 million for 2011.

A campaign spokesman said the January total included donations to the campaign, the DNC, and joint fundraising committees operated by the two organizations together.

Despite the campaign's fundraising muscle, Obama officials have expressed concern about being outspent by Republicans in the 2012 election because of the influx of money to so-called Super PACS supporting Republican candidates.

Obama gave his blessing a few weeks ago to have White House and campaign officials appear at events for the Super PAC supporting his campaign, which was struggling to keep up with Republican counterparts. Those figures are not included in the campaign's fundraising totals.

Obama is in the middle of a fundraising swing this week on the West Coast. He was expected to raise some $8 million at fundraising events in Los Angeles, San Francisco, and Seattle.

© 2014 Thomson/Reuters. All rights reserved.

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