Obama opens wallet, makes first donation to his campaign
July 31st, 2012
12:44 PM ET
2 years ago

Obama opens wallet, makes first donation to his campaign

(CNN) – President Barack Obama made a $5,000 donation to his campaign Monday night, the first contribution the president has made to his re-election effort.

In an email to supporters, Obama wrote that his donation "won't be enough to surmount the unprecedented fundraising we've seen on the other side, both from our opponent's campaign and from the outside groups and special interests supporting him."

– Follow the Ticker on Twitter: @PoliticalTicker

An Obama campaign aide said the donation was made online in New York City, where Obama attended a fund-raiser Monday.

Obama's email announcing his donation came as his campaign was peppering supporters with emails asking for contributions before the end of the month. In June, Mitt Romney and the Republican National Committee brought in $100 million, out-raising Obama and the Democrats who took in $71 million.

In May, Mitt and Ann Romney each donated $75,000 to the Romney Victory Fund, the joint fundraising committee between Romney's campaign and the RNC.

Under U.S. law, $75,800 is the maximum amount an individual can contribute to the fund, though each candidate is permitted to give unlimited funds to his own campaign.

Obama's contribution was first reported by the Huffington Post.

– Check out the CNN Electoral Map and Calculator and game out your own strategy for November.


Filed under: Fundraising • President Obama
soundoff (39 Responses)
  1. jsmoulder

    I wish there was a better choice than Romney, but there is not.

    July 31, 2012 01:48 pm at 1:48 pm |
  2. 98 Days until Obama is RE-ELECTED

    @Justice for America – He should open up his wallet to the struggling Americans as well. Instead of using that money for negative campaign and ads, he should share it with the very poor . And even take a salary cut.
    ------------------------------
    Why? He has nowhere near the wealth of the opposition candidate. But I don't see you suggesting Willard share his wealth with those whose jobs he (and Bain) sent to China, not take a salary cut. While the salary of the POTUS is public record, until Mittens releases those tax returns, we have no idea what he made, or where he's hiding it (other than Switzerland and the Caymans) or what his undoubtedly VERY low nominal tax rate was during those years.

    July 31, 2012 01:49 pm at 1:49 pm |
  3. Dominican mama 4 Obama

    Ancient Texan:
    Gawd dude,you didn't even allow us to place our bets on the table before you showed up with your one-trick pony.
    Okay...bets on the Birthers piping up next!
    I got $20 on it!

    July 31, 2012 01:51 pm at 1:51 pm |
  4. Rudy NYC

    98 Days until Obama is THROWN OUT

    WOW!!! A pathetically small amount for a millionaire that has lived off the tax payers for 4 years. I guess he sees the writing n the wall and is saving his money for finding a new residence next January.
    ---------------------------–
    A small amount you say for a millionaire. :P Let's do some pathetically simple math.

    Obama donated $5000.
    Romney donates $75,0000

    The Romney donation is 15x times the size of the Obama donation. Obama might be worth $5 million and his donation is 0.1% of his net worth. By comparison, Mitt Romney would have to be worth $75 million to make a donation worth a similar amount of his net worth. But, we know that Mitt Romney is worth a lot more than $75 million. In fact, he's worth 6 times that amount.

    A comparable donation for Obama would have been $1000. Your argument is ridiculous.

    July 31, 2012 01:54 pm at 1:54 pm |
  5. California

    The billboard in Idaho has Hussein Obama pegged.

    July 31, 2012 01:59 pm at 1:59 pm |
  6. Wake up people

    Show us your taxes Willard you rat!

    OBAMA 2012!
    The best President of my generation!

    July 31, 2012 02:03 pm at 2:03 pm |
  7. demwit

    I'd open my wallet for Obama's relection too.., if I had a job.

    July 31, 2012 02:10 pm at 2:10 pm |
  8. eunice

    98 days for mitt not to be elected 98 days for barack to win RE-ELECTION OBAMA/BIDEN 2012 THEY GOT MY VOTE

    July 31, 2012 02:10 pm at 2:10 pm |
  9. California Gary

    Gosh, I don't know mama 4 obama.......hard to say who is going to step up next.......I mean, you got your birthers, you got your gun toters, you got your death panelists, you got your class warfare crybabies, you got your religious fanatics.......there's just so many to choose from, I'm afraid to lay down a bet. Good luck on your birther bet though......you have pretty good odds on that one!

    July 31, 2012 02:11 pm at 2:11 pm |
  10. Dominican mama 4 Obama

    @98 Empty Bottles of Beer on the Wall:
    You forgot to mention George Soros.
    LOL!

    July 31, 2012 02:13 pm at 2:13 pm |
  11. Myviewis

    Obama spend somewhere around $730 million in his 2008 presidential campaign and now we're not seeing those same dollars coming in, why? What happened to all the foreign donations Obama got in 2008? Remember when he wouldn't disclose the names of donors. This time it does feel different than 2008.

    July 31, 2012 02:13 pm at 2:13 pm |
  12. Anonymous

    OBAMA opens wallet, makes first donation to "HIS" campaign

    WHAT ???
    The first rule of Lib's is to use other peoples money. HERETIC !!!

    July 31, 2012 02:14 pm at 2:14 pm |
  13. Dominican mama 4 Obama

    @California

    The billboard in Idaho has Hussein Obama pegged.
    -------------------------------------------------
    Oh man! If you had taken that just one step further I would've won the Birther Pot!
    Dang!

    July 31, 2012 02:14 pm at 2:14 pm |
  14. Silence DoGood

    "He has nowhere near the wealth of the opposition candidate."

    Actually they are both on track to raise roughly an equal amount close to $1 Billion each. So it is a dead heat in money.
    Their personal wealth and the theater of their personal donation is nothing but staged illusion.

    July 31, 2012 02:15 pm at 2:15 pm |
1 2