Obama's May campaign cash tops previous two months
June 7th, 2012
07:38 AM ET
10 years ago

Obama's May campaign cash tops previous two months

(CNN) – President Barack Obama's re-election effort brought in more than $60 million in May, the Democratic incumbent's campaign announced on Twitter Thursday.

"The campaign raised more than $60 million across committees in May. Thanks to everyone who chipped in," Obama wrote, noting more than 572,000 people donated to the re-election team and 147,000 were donating for the first time.

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In April, Obama's team brought in $43 million, and in March raised $53 million. The money is divided between the re-election campaign, the Democratic National Committee and affiliated Democratic state parties.

On Thursday, the Obama team also indicated that nearly all of their donations in May – 98% - were less than $250, and the average contribution totaled $54.94. The donation total also includes an estimated $15 million raised in May at a dinner hosted by actor George Clooney at his home in Los Angeles.

Obama spent Wednesday raising money in California, and will attend another fund-raiser Thursday.

Obama's team did not indicate how much cash they had in the bank Thursday. The campaign ended April with $115 million cash on hand.

Obama raised nearly $750 million, a record-breaking figure, during the 2008 presidential election.

CNN's Kevin Liptak contributed to this report.

Filed under: 2012 • Fundraising • President Obama
soundoff (10 Responses)
  1. Ben M

    Unfortunately it will take money to defeat money. WI showed us how this country is being politicize by money, that the will of people no longer is an option in deciding who is better of or not. As Karl Rove and his super pack...

    June 7, 2012 07:53 am at 7:53 am |
  2. King

    Obama will need all he can muster to challenge the right winged propaganda machine of the citizens united death trap. The repubs is about consolidation at the top.the problem is China and India has a better chance of getting tricked on than American, can American middle class, compete with China slave workers? Why you think repubs are trying today get rid of American middle class.

    June 7, 2012 07:59 am at 7:59 am |
  3. Marie MD

    You are welcome! 🙂
    The little people, thanks to the old conservative farts on the scotus, need to pitch to compete with BIG corporations, their right sing bosses and all that bonus money.

    June 7, 2012 08:05 am at 8:05 am |
  4. Stuffit

    On the one hand, the democrat liberals decry the raising of money like in Wisconsin, on the other the most incompetent, inept, corrupt, union toady this country has ever had, out spent McCain 4 to 1 and the democrat liberals said he was elected for his vast experience which consisted of hanging posters on telephone poles for the SEIU. I think democrat liberals are, of course, as hypocritical about money and elections as they are about everything else. It shows their corrupt union roots.

    June 7, 2012 08:23 am at 8:23 am |
  5. The GOP opens mouth and inserts foot

    The American people, the true Americans, want Obama as the president for the next 4 years because they see he actually CARES about us. The GOP don't care about anything but themselves.

    June 7, 2012 08:26 am at 8:26 am |
  6. SafeJourney3

    Good, Because in post citizens united, as we all saw in Wisconsin, the win goes to the deepest pockets/highest bidder.
    Next Item up for bid............

    Thanks supreme court, you really messed up that ruling

    June 7, 2012 08:37 am at 8:37 am |
  7. Marcuscassius

    I think the amounts of money and the places it's coming from should tell you plainly, America has been torn aprt by the far right. their attitude of no-compromise\winner take all leaves us no choice but to wipe them out. They and their corporate friends..the Fox murdochs and the Kochs are not just hijacking the system. They'r etrying to destroy the system. They must be eliminated from government completely. The left and center has assumed that we were all in it together and the right wuold eventually come back around. THEY WILL NOT! They want it all and they want it without any competition.

    June 7, 2012 08:51 am at 8:51 am |
  8. Dominican mama 4 Obama

    God bless and keep our President.
    May the contributions to his campaign continue to pour in.
    He's our only safety net to losing our country to corporate interests and greed.
    Obama 2012. Because Mitt Romney is a police uniform wearing, gay bashing, disconnected, flip-flopping,self-serving GOP puppet. And a liar.

    June 7, 2012 08:58 am at 8:58 am |
  9. Ed1

    The Dems talk about big money buying an election does that apply to Obama too one billion dollars for a $400,000 job seems like kind of over kill to me.

    Why would anyone need a billion dollars to get elected couldn't he just spread the wealth to people who need the money thats right the Dems only want to take money from the people who earned it and give to the people who didn't earn it sorry I forgot how the Dems work.

    June 7, 2012 09:00 am at 9:00 am |
  10. Larry in Houston

    doesn't matter what the Obama's team brings in. When wisconsin retained their republican governor, and as long as N.J. and a lot of other states have elected republican governors, in addition to the fact that senator Kennedy's seat was replaced by a republican, believe me – Romney will be our next Prez, come november. It's all going to depend on 5 or 6 battleground states, If the 18 to 34 yr. olds decide to go & Vote, obama will defeat romney by a razor thin margin. But Obama doesn't get or convince those 18 – 34 yr. olds to Vote, obama's Sunk, period.

    June 7, 2012 09:12 am at 9:12 am |