• Obama, Democrats raise $181 million in September alone
    The New York Times | October 07,2012
    • Email Article
    •  Print Article
    President Barack Obama and the Democrats shattered the election cycle’s fundraising record with a $181 million haul for September, the campaign announced Saturday.

    The amount — a mix of funds raised directly by the campaign and large checks taken in by the Democratic National Committee — was even more than some earlier reports had suggested.

    And while it did not quite match the roughly $191 million that Obama and the Democrats raised during the same month four years ago, the announcement offered a jolt of good news for Obama’s supporters in the wake of a lackluster debate performance Wednesday that left many of them worried.

    Obama’s campaign announced the figure on Twitter and followed it up with an email from his campaign manager, Jim Messina, and testimonials from grass-roots donors who had contributed.

    “The people and the stories behind these numbers are what make this grass-roots organization so powerful,” Messina wrote.

    Republican Mitt Romney has not yet announced his fundraising totals for the month.

    September is often a strong month for presidential campaign fundraising, as voters begin to focus on the race and candidates’ hard-core supporters begin ramping up for the general election.

    Obama’s September fundraising included money contributed during the Democratic convention in Charlotte, N.C., when the president, his wife, Michelle, and former President Bill Clinton all delivered major speeches.

    The president and his party has received donations from close to 4 million people since Obama announced his re-election bid last year, the campaign said. September’s totals included contributions from 1,825,813 people, 567,000 of them new donors, the campaign said.

    The September totals mark a second strong fundraising month in a row for Obama, at a time when his campaign is bracing for an onslaught of late advertising from Republican-aligned super PACs and other outside groups. In August, Obama and the Democratic committee raised $114 million, more than the $111.6 million raised by Romney and the Republicans.

    Obama did not announce how much cash his campaign had on hand going into October, and his campaign does not have to file detailed disclosures with the Federal Election Commission until later this month. But he is likely to show strong donations from small donors relative to Romney, a difference that gave Obama a critical advantage in cash flow over Romney in August, when the Republican candidate borrowed $20 million to get through the summer.

    While Obama has raised more than half of his total cash on donations of less than $200, Romney has relied far more on large donors giving the maximum check to the candidate and his party. Without a large stream of grass-roots money, Romney has had to spend more time fundraising in recent months than his campaign would like, leaving less time to meet voters in swing states.
    • Email Article
    •  Print Article
    MORE IN Wire News
    NEW YORK — You can now play “Pac-Man” with your Facebook Messenger buddies. Full Story
    Facebook adds free games like ‘Pac-Man’ to Messenger app
    PITTSBURGH — You probably don’t know his name, but you’ve almost certainly devoured his creation:... Full Story
    Creator of McDonald’s flagship sandwich, the Big Mac, dies
    More Articles