Obama announces big fundraising haul
January 12th, 2012
06:33 AM ET
10 years ago

Obama announces big fundraising haul

(CNN) – President Barack Obama’s re-election campaign announced Thursday that it raised more than $42 million over the past three months, with the Democratic National Committee bringing in more than $24 million in the fourth quarter of last year.

In a video to supporters, Obama campaign manager Jim Messina announced that 1.3 million people contributed to the Obama re-election campaign, and that 98% of all donations were $250 or less, with the average donation around $55.

Messina said the re-election campaign and the DNC combined brought in around $68 million in the October through December fundraising period. Top re-election officials had said their goal was to raise a combined $60 million in the fourth quarter.

The re-election campaign and the DNC raised a combined $70 million in the third quarter, and brought in around $86 million in the second quarter of 2011. The president’s re-election campaign started in April last year. The DNC’s role in 2012 is to assist the president’s re-election bid, as well as help Democratic members of Congress and Democratic congressional candidates in their races for office.

Obama’s 2008 bid for the White House broke all records by raising nearly $750 million.

In the video, Messina downplayed claims that his goal is to bring in $1 billion, saying "the billion dollar number is completely untrue."

Filed under: 2012 • Fundraising • President Obama
soundoff (28 Responses)
  1. Anonymous

    How's 2012 workin' out for ya, Republicans?

    January 12, 2012 06:34 am at 6:34 am |
  2. Namejkane

    Who would want to contribute to the republican clown show when you could put your money behind a sure thing. Republicans will be lucky if they have anybody left in congress, never mind the whitehouse in 2012. What do you think, everybody forgot all your obstructonism and extremeism on jobs programs and road and bridge projects and the credit downgrade caused by teapublican clowns????

    January 12, 2012 06:49 am at 6:49 am |
  3. T'sah From Virginia

    ►Obama announces big fundraising haul◄
    And when he gets his chance – He will "Have a Ball!!"
    You think the media is saturated with the so-called Rightful-Right
    The LEFT will get out there to "DEBUNK" LIES and join the FIGHT!!!

    Obama 2012!!

    January 12, 2012 06:57 am at 6:57 am |
  4. macrasta

    he has to compete with the GOP various Super-pac's ..

    January 12, 2012 06:59 am at 6:59 am |
  5. Larry

    Yeah but the lying republicans are already saying that the president has raised one billion

    January 12, 2012 07:05 am at 7:05 am |
  6. Wire Palladin, S. F.

    In order to counter act the Kochs, and Rove and the Citizens united ruling, it will take over a billion dollars to debunk the lies of Mittens. Obama 2012.

    January 12, 2012 07:07 am at 7:07 am |
  7. Wire Palladin, S. F.

    Go Obama, beat the anchor baby from MA!

    January 12, 2012 07:19 am at 7:19 am |
  8. diridi

    count on my vote and little bit of my money for your elections, because, I truly care for this nation......god bless.

    January 12, 2012 07:20 am at 7:20 am |
  9. MG freeman

    Mitt Romney is the Next US president

    January 12, 2012 07:29 am at 7:29 am |
  10. S.B. Stein E.B. NJ

    The billion dollar mark doesn't sound all that far off. The other campaigns might not get close to that, but there are super PAC supporting them that can cover the distance. The question is why is there this need to raise this much money? We shouldn't have to raise money for adverstisements and other things to get people elected. This just restricts who can run for office based on who has the money or can get it. It gets people like me who aren't wealthy out of the running before it starts.

    January 12, 2012 07:31 am at 7:31 am |
  11. jamarsu

    Yay. Take that repukicans.

    January 12, 2012 07:47 am at 7:47 am |
  12. Darrell

    I was one of the individuals who gave....and I intend to give some more.

    January 12, 2012 07:50 am at 7:50 am |
  13. Dominican mama 4 Obama

    In the video, Messina downplayed claims that his goal is to bring in $1 billion
    No need to downplay it. You're going to need it, and we're going to raise it.
    Obama 2012.

    January 12, 2012 07:51 am at 7:51 am |
  14. Dominican mama 4 Obama

    Messina said the re-election campaign and the DNC combined brought in around $68 million in the October through December fundraising period. Top re-election officials had said their goal was to raise a combined $60 million in the fourth quarter
    The goal was surpassed.
    Americans are putting their money where their mouth is in support of THIS President!

    January 12, 2012 08:00 am at 8:00 am |
  15. lps

    Imagine how many children we could feed with the money that both parties raised in political contributions.

    January 12, 2012 08:02 am at 8:02 am |
  16. Scott

    The White House keeps saying he is not campaiging, sounds to me like he is, More lies from the Great Liar himself.

    January 12, 2012 08:17 am at 8:17 am |
  17. Marie MD

    You are welcome Mr. president

    January 12, 2012 08:29 am at 8:29 am |
  18. WiredweirdinSF

    Since he has all of this money, perhaps he should stop hitting the taxpayer for his frequent and extravagent vacations and White House parties. How many people were forced to give the money by the corrupt union bosses? Perhaps he could restore some of the money that he stole from the Social Security fund to give the tax break to the drug addicts and welfare frauds.

    January 12, 2012 08:32 am at 8:32 am |
  19. GI Joe

    Kinda like ONE guy that gave a republican $5 million for his SuperPAC -- NOT.

    But President Obama will have secret superPACs too. They're just waiting for the circus to be over.

    If it's fair for republicans, it's fair for democrats. ha ha ha ha ha

    January 12, 2012 08:43 am at 8:43 am |
  20. Henry Miller

    "Obama announces big fundraising haul"

    Accompanied by a photo of Obama walking toward a publicly-owned aeroplane that costs taxpayers $182 thousand per hour to operate as he flies around the country pursuing his personal ambition of being re-elected.

    January 12, 2012 08:46 am at 8:46 am |
  21. commonsense

    Next election is a wrap.

    January 12, 2012 08:48 am at 8:48 am |
  22. Name

    Obama need to bypast Congress and go straight to the American people and ask them for donations to modernize our country. Tell them that America is at a critical stage where infrastructure is concerned, and the repubs Congress has no stomach to help this president at this point. They've already killed his job bill. Obama need to make his case to big business, and normal citizens to donate toward this cause, even construction businesses would have to sacrifice a little and take less money, but atleast they will be working. The whole nation will have to pull together to accomplish this feat.

    January 12, 2012 09:07 am at 9:07 am |
  23. Rick McDaniel

    It is astounding, how much money people will donate to corruption!

    January 12, 2012 09:11 am at 9:11 am |
  24. memo2

    That is for sure he needs more money the good thing is not from me.

    January 12, 2012 09:16 am at 9:16 am |
  25. Obama in 2012 Democrats for 2016

    The billion dollar number has been floated by Republicans as an excuse to say that the reason they'll lose 2012 is because of his war chest. In reality, its because they're candidates are all lousy and their best hope against Obama, Mitt Romney, is the architect of Obamacare-who's no running against his own accomplishments in Massachusetts. I believe it also goes further, since Obama was against corporations now being able to pour in unlimited funds into campaigns, Republicans, who seek to benefit most from it, want to pretend as though Democrats are the big money party when they KNOW they're in the pockets of Big Corps.

    January 12, 2012 09:43 am at 9:43 am |
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