News24

Obama fundraising tops $60m in May

2012-06-07 20:13

Washington - President Barack Obama and his Democratic allies together hauled in more than $60m for his re-election campaign in May, a large jump as he struggles to maintain a fundraising edge against Republican challenger Mitt Romney.

The new totals, boosted by money raked in from glitzy Hollywood events, helped Obama easily surpass April's donations of $43.6m, which had marked a decline from the month before as Romney closed the contributions gap.

It was also a dose of good news for Obama after a Republican victory in the closely watched Wisconsin governor recall election raised warning flags over Democratic fundraising and campaign organizing that could pose problems for the president in the 6 November general election.

Obama's campaign staff announced the new figures in a series of Twitter messages on Thursday, saying, "Thanks for everyone who chipped in." Romney's campaign has not yet released its fundraising totals for May.

Concerns

Obama's advisers increasingly are concerned that his campaign money advantage as a sitting president is being undercut by huge sums being raised by conservative outside groups to buy advertising to attack his record.

More than 572 000 people contributed last month to the Obama campaign and Democratic groups affiliated with it, and more than 147 000 of them were first-time donors, the president's campaign said. Obama's team said 98% of donations last month were for less than $250. The average donation was $54.94, it added.

The president's May totals included a fundraiser with actor George Clooney, who helped raise nearly $15m with an event at his Los Angeles home along with a separate raffle offering tickets for small-amount donors.

June could also provide an increase in funds for Obama, who was finishing up a two-day visit to California where he collected money from well-heeled donors in San Francisco and celebrity-studded events in Los Angeles.

Show-business

That follows joint New York appearances on Monday with former President Bill Clinton that raised more than $3.5m.

Obama returns to New York next week for a fundraiser hosted by actress Sarah Jessica Parker.

Republicans have mocked Obama's coziness with the show-business set to paint him as out of touch with ordinary Americans, an attempt to turn the tables on his efforts to cast them as the party beholden to the rich.

Romney had closed in on Obama in fundraising in April as his rivals for the Republican presidential nomination stepped aside. Romney, a former private equity executive and Massachusetts governor, raised $40.1m that month for his campaign and the Republican National Committee.

Scott Walker

Republican Wisconsin Governor Scott Walker's recall victory on Tuesday fuelled new money worries for Obama's re-election prospects, already threatened by the struggling US economy and stubbornly high unemployment.

Walker's surprisingly easy win over Democrat Tom Barrett was propelled by a big turnout from a motivated Republican base of voters, and by heavy spending by out-of-state conservatives who flooded Wisconsin with campaign cash.

Both trends raised difficult questions for Obama's re-election campaign, which has struggled to match the enthusiasm of his 2008 White House run and compete financially with hundreds of millions of dollars being raised by conservative outside groups.

Comments
  • Fidel - 2012-06-07 20:18

    And this is the democracy that the US wants to export to other countries using bombs, where elections are decided by who has the most amount of money.

      sterling.ferguson.5 - 2012-06-08 00:54

      In SA the ANC is giving tenders to companies that their party owns. The money that is being given to Obama is private money from small donations.

  • Lauden Kirk - 2012-06-08 09:03

    Friend -- We learned this morning that the Romney campaign and the Republican Party have outraised us for the first time in this campaign. Let's be clear here -- we could have 10 times as many people giving to us. You can see our results at the bottom of this message. But they've got a lot fewer people, each giving in many cases 10 times as much, and those big donors are lining up now that Romney is the presumptive nominee. That's why it's imperative that each of us who support Barack Obama step up and make a small donation to the campaign. More people giving a little bit is the only way to compete with a few people giving a lot. Mitt Romney has a lot banking on the storyline that his campaign isn't raising that much money compared to ours. But it's clearly false. When Obama supporters repeat that point, it gives me chills. The truth is that Obama haters and, to a lesser extent, Romney allies have declared that they will spend more than a billion dollars to make Obama a one-term president. In key states, outside groups have already poured $75 million into ads attacking the President. We just saw in Wisconsin what unlimited money from corporate interests and right-wing ideologues can do for a candidate who's ready to do exactly what they want. And that's on top of what the Romney campaign and the Republican Party raise -- we learned this morning that it was $76 million in May alone -- and whatever he might contribute from his personal fortune. From the beginning we've built this campaign together, from the bottom up. We are bound and determined to fight back, on behalf of a country where everyone gets a fair shot and a fair shake. We don't have the special-interest and high-dollar donor advantage that Romney has. Barack Obama has you. What are you going to do? https://donate.barackobama.com/May-Numbers Messina Jim Messina Campaign Manager Obama for America May FEC numbers: --Total raised across committees: More than $60 million --Total donors: More than 572,000 --Average donation: $54.94 --Donations less than $250: 98% Contributions or gifts to Obama for America are not tax deductible. This email was sent to: Eatolive@gmail.com Update address | Unsubscribe

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