Aa
Aa
A
A
A
Close
1530342 tn?1405016490

Obama raises $86 million — far more than GOP

Three-month haul gives president a fundraising advantage over the Republican field seeking to challenge him in 2012
http://www.msnbc.msn.com/id/43737360/ns/politics-decision_2012/t/obama-raises-million-far-more-gop/

WASHINGTON — President Barack Obama collected $86 million combined for his re-election campaign and the Democratic Party during the past three months, giving him a large fundraising advantage over the Republican field seeking to challenge him in 2012.

Obama raised more than $47 million and the Democratic National Committee brought in more than $38 million through the end of June, Obama campaign manager Jim Messina said in a video posted early Wednesday. Obama's team had set a public goal of $60 million  combined.

The fundraising totals outpace Republicans, who have collectively raised about $35 million so far, although some candidates have yet to release their results.

At the same time in 2007, 10 Republican presidential hopefuls had raised more than $118 million, according to the Center for Responsive Politics.

Fundraising totals are often seen as a gauge of excitement about a candidate, and the money in Obama's coffers will help build a foundation for all-important advertising and get-out-the-vote efforts in next year's election.

Obama's advisors are anticipating a stiff challenge from Republicans amid rocky economic conditions. Obama has acknowledged he will need to re-energize supporters who were inspired by his message of hope and change three years ago but may be discouraged by the economy and the pace of change.

Former Massachusetts Gov. Mitt Romney leads the Republican field in fundraising, pulling in more than $18 million during the past three months. An independent fundraising group supporting Romney's presidential bid has raised $12 million this year.

Following Romney, former Minnesota Gov. Tim Pawlenty collected $4.2 million and former Utah Gov. Jon Huntsman brought in $4.1 million, with about half coming from his personal wealth. Minnesota Rep. Michele Bachmann, a favorite of the anti-tax tea party, has not yet released her fundraising totals.

Obama's advisers have told donors privately they hope to match or exceed the $750 million they raised in 2008.

Messina said more than 550,000 people donated money to the campaign during the first three months, a large increase from about 180,000 donors to Obama during the first half of 2007. The campaign has actively courted small donors, hoping to show that the president is in a good position for the 2012 campaign and capable of generating broad financial support
29 Responses
Sort by: Helpful Oldest Newest
206807 tn?1331936184
My wife donated to the Republican Party a long time ago and it was like feeding a stray dog. We can’t get rid of them. They call about once a week.
Once I told them I was unemployed and could not afford to give anything. Their response was, I could use a credit card. I responded back, isn’t spending money we don’t have is what got us into this mess?
Now I tell them I am not sure if I will be voting Republican so to be fair, any money I send them, I will have to match to the Democrats. She asked me how much would I be sending. I hung up on her.
Helpful - 0
1530342 tn?1405016490
haha..lol OMG!!! I would've hung up too!!!
Helpful - 0
Avatar universal
lol, yeah, I give to obama directly but still have all these other groups trying to get money. I told em if they wanted some that bad they ws gonna have to give me some to pay em with. ROFL.... I heard that is the new trend these days! Needless to say they did not see it as funny at all.
Helpful - 0
306867 tn?1299249709
I helped too ! lol   Don't have much but send what I can.
Helpful - 0
Avatar universal
It sickens me to see how much money is raised and used on campaigning. We have so many people who are in need of money/help and we waste the money on campaigns for the president? I'll send my money to charities to help those in need and NO presidential candidate will get my money.
Helpful - 0
377493 tn?1356502149
Good for you!!!  I can speak from experience when I say that just a fraction of those dollars would help an awful lot of children.  I am always astounded when I read how much the US candidates spend to get elected.  Here, the amount they are allowed to raise/spend is limited to a fraction of what happens there.  I have to say, it's a rule I agree with.  Kind of levels the playing field a bit.  Presidency should not be purchased, don't you think?
Helpful - 0
You must join this user group in order to participate in this discussion.

You are reading content posted in the Current Events . . . Group

Didn't find the answer you were looking for?
Ask a question
Popular Resources
A list of national and international resources and hotlines to help connect you to needed health and medical services.
Herpes sores blister, then burst, scab and heal.
Herpes spreads by oral, vaginal and anal sex.
STIs are the most common cause of genital sores.
Condoms are the most effective way to prevent HIV and STDs.
PrEP is used by people with high risk to prevent HIV infection.