Obama campaign raises almost $43 million
October 13th, 2011
08:03 AM ET
11 years ago

Obama campaign raises almost $43 million

Washington (CNN) - Exceeding the expectations some Democrats had set, the Obama re-election campaign raised $42.8 million in the period running from July through the end of September, an Obama campaign aide told CNN.

Overall, the campaign announced Thursday it and the Democratic National Committee brought in more than $70 million in the third quarter of fundraising.

Some Democratic sources had earlier said they expected the combined total to be $55 million.

The $42 million figure most likely will be close to or exceed the total raised by all of the Republican presidential candidates together for this quarter.

Campaigns have to report their amounts to the Federal Election Commission by Saturday. The Obama campaign and the DNC raised an record breaking $86 million in the last fundraising quarter that ended in June.

During the most recent quarter the Obama team had to deal with questions about whether key constituencies of the Democratic base were fully supporting President Obama, especially after a bruising fight over raising the nation's debt ceiling which resulted in an agreement that angered many in the progressive movement. The weak economy also made it more difficult for all of the campaigns to raise funds during this time.

The president had to cancel several fundraising events to stay in Washington due to the debt ceiling fight.

Obama unveiled his jobs proposal last month and displayed a more aggressive stance toward congressional Republicans - moves that were applauded by many Democratic activists.

"You know why it's important to engage right now. We're up against a Republican Party and special interest-funded groups that will spend hundreds of millions of dollars spreading any message that they believe will defeat the President and roll back our efforts to build a fairer economy that rewards hard work and responsibility, not large corporations," campaign manager Jim Messina said Thursday in an email to supporters announcing the figures.

From July to September the Obama team reported that 606,000 people donated to the campaign - more than in the second fundraising quarter between April and June when it set a record for the number of donors. And it said of the 766,000 donations, 98% were $250 or less – a key figure as it tries to keep attracting the small donors who were a major driver for the 2008 campaign.

"If I could sum up this last quarter in a few words: You came through. Thank you," Messina said.

One of the ways the campaign tried to woo small donors was to sponsor a contest with the prize being a dinner with Obama.

Overall, the campaign said since the president announced his re-election bid this spring, almost 983,000 individuals made donations, with 258,000 of them making their first contribution.

"So getting to a million grassroots donors isn't just a huge accomplishment this early in the campaign," Messina said in the release. "It's our answer to our opponents, the press, and anyone who wants to know whether the President's supporters have his back."

The Republican National Committee responded to the new totals by attacking the president over job creation.

"It's no secret President Obama spends a lot of time fundraising and is the most successful fundraiser in history. Obama's problem is he can't replicate that success when it comes to creating jobs," RNC Spokesperson Kirsten Kukowski said in an email. "This president is going to need every penny he can raise because voters don't believe he has the ability to turn the economy around or create much-needed jobs."

- CNN Chief White House Correspondent Jessica Yellin contributed to this story.

- Follow Kevin Bohn on Twitter: @KevinBohnCNN.

Filed under: 2012 • DNC • Fundraising • President Obama
soundoff (61 Responses)
  1. AL in West Palm Beach

    Mr. President, I support, applaud and will do my utmost to make sure we don't have the next 4 years like we did from 2000-2008.

    Thank you for Healthcare reform.
    Thank you for killing Bin Laden.
    Thank you for kill al warlaki.
    Thank you for liberating Libyans without sedding a single drop of American blood.
    Thank your for sending more boots to the border in 3 years than the last guy did in 8 years.
    Thank you for Walstreet reform.
    Thank you for creditcard reform.
    Thank you for equal pay for women.
    Thank you for making sure the drones are armed, locked, and loaded.

    What did I miss?

    October 13, 2011 09:07 am at 9:07 am |
  2. AmericanSam

    I donated! Go Barack!

    October 13, 2011 09:09 am at 9:09 am |
  3. We ALL Know, Mami

    Let's see if the once-shooting now-burning-fast star Mr. Gov. Good Hair Perry can riase even half of this.

    Yes, I STILL wonder what they told him about his hair? [Que le dijieron del pelo?]

    October 13, 2011 09:12 am at 9:12 am |
  4. Enough is Enough

    Obama said, "You know why it's important to engage right now. We're up against a Republican Party and special interest-funded groups" Since Obama's 2 largest sources of campaign funding are trial lawyers and unions I would like Obama to explain what groups he thinks are worse. Both groups are like blood sucking leaches on the economy.

    October 13, 2011 09:13 am at 9:13 am |
  5. Mary

    If President Obama can raise that kind of money, why doesn't he use that talent to raise money to help our deficit, or to create jobs! How much money do you need to run for President? Honestly, the people on Capital Hill have no clue how the average American lives, nor do I think they care. As long as they can bring in their 6/7 figure salary and not ever have to worry about where their next meal is coming from, they are content to just keep on keeping on........

    October 13, 2011 09:13 am at 9:13 am |
  6. luckjoe

    I would not give Obama a dime or a vote.

    October 13, 2011 09:13 am at 9:13 am |
  7. Ed 1

    How much will he keep when he doesn't win in 2012 Obama might just give it all back to the tax payers not.

    We can't afford 4 more years of this no leadership spend happy person.

    People forget what he said we he was running for office if I can't fix this economy in three years I don;t deserve to be re-elected. Obama hasn't and all his spending DEMS need to go with him.

    Please stop drinking the Kool Aid and do what's right for the Country vote Obama out in 2012.

    October 13, 2011 09:14 am at 9:14 am |
  8. Jose

    CHA CHING CHA CHING......... he will pull it off again! dont really want him to, but i got a feeling he's a two termer. the comp. really sucks at this point.

    October 13, 2011 09:15 am at 9:15 am |
  9. k

    To bad the President doesn't have ours. Free Trade gets passed and cill cost us all the jobs and more he ever wanted to create. Maybe if he spent mroe time standing up and working for US instead of his campaign we would have gotten the change we needed and thought we voted for last time.

    October 13, 2011 09:15 am at 9:15 am |
  10. Bob S Philadelphia, Pa

    All the money in the world will NOT get NOBAMA re-elected he is a 1 term President and thank GOD because even GOD know we can't afford another 4 years of NOBAMA he has this country looking bankruptcy right in the eyes

    October 13, 2011 09:15 am at 9:15 am |
  11. Robert

    Let's see, how many of you think that these "funds" are from companies looking for favors down the road?

    How many of you gave money to his campaign?

    October 13, 2011 09:15 am at 9:15 am |
  12. John

    Doesn't matter how much he raises. He's going to lose anyway!

    October 13, 2011 09:15 am at 9:15 am |
  13. Meki60

    He got it from donations from companies that got stimulus payments, hence our taxpayer money returned to political donations

    October 13, 2011 09:15 am at 9:15 am |
  14. TSD

    Obama can clearly raise money for himself....how about raising some money to help our failing economy? He has wasted our time during his whole term. His performance has been, in a word, unremarkable.

    October 13, 2011 09:17 am at 9:17 am |
  15. NINI

    Great Mr. Prez.

    October 13, 2011 09:20 am at 9:20 am |
  16. Ken

    The best thing he could do with the money is donate it to some other cause. To use it on his campaign is both a terrible waste and criminal.

    October 13, 2011 09:22 am at 9:22 am |
  17. tk

    I really wish he would focus on the economy and global issues, versus fundraising. Relection should be predicated on performance, not funding.

    October 13, 2011 09:22 am at 9:22 am |
  18. Worthless

    Yes, we all want 4 more years of recession.

    October 13, 2011 09:22 am at 9:22 am |

    Can't wait for the next quarter, don't worry Mr. President continue to do what you do for the american people we got your back.

    OBAMA 2012

    October 13, 2011 09:23 am at 9:23 am |
  20. Stefanie Finn

    President Obama is going to win the 2012 election because at the end of the day his values are what this country and world needs. He is a leader and model of the highest order and anyone who resists him is resisting change. Deep change is occuring and it is inevitable.

    October 13, 2011 09:24 am at 9:24 am |
  21. Melissa

    Obama was put into office by the republicans to take the heat for the draining of the american economy by Bush.
    How else would a total unknown come out of nowhere to win the presidency?

    October 13, 2011 09:24 am at 9:24 am |
  22. Carrie

    Mr. President,
    Keep on keeping on. The Tea Party and Republicans have shown us who they really care about and it isn't us out here. Just as in 2008, every vote will count and every small donation will count. We will win back the "stumble in the road" that happened in 2010. Many Tea Party supporters are having buyers remorse now and have larned what was behind the empty words. I have been shocked at how many of them were lead by the nose without logic and proper questions served up to the Tea Party candidates. That time is passed now and sanity is returning to the voters. We have your back. Just keep plugging along and we will do it again in 2012. Hang tight. We are here.

    October 13, 2011 09:24 am at 9:24 am |
  23. 46th Pres

    $43 MILLION in campaign funds.

    Do you think he will use any of that money to hire unemployed people?

    October 13, 2011 09:25 am at 9:25 am |
  24. Joe

    Go, Mr.President!! Keep up the pressure on "Extremism" You are doing a great job on Cantor and Bohner! The worst Congressional leaders in U.S. history!!! You have sane Americans behind you! Cantor and Bohner, McConnel will make sure your re-elected!!! Can,t wait till the election, " So Americans can vote them "Gone"!!! Hail to the Chief!!!

    October 13, 2011 09:29 am at 9:29 am |
  25. Max in NY

    So can we start talking about campaign finance reform yet?

    October 13, 2011 09:29 am at 9:29 am |
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