Wednesday, July 13, 2011

Obama Sets Fundraising Record

Aaron Blake writes What Obama’s $86 million haul means "President Obama’s campaign announced early Wednesday that it has raised $86 million for its reelection campaign and the Democratic National Committee in the second quarter, setting a new record for off-year fundraising by a president."

Huh.

"The DNC is playing a major role: While the combined haul of Obama and the DNC was unprecedented, the DNC’s share is also noteworthy. The total haul was $86 million, but 44 percent of that went into the DNC’s effort to reelect Obama."

"The competition: Obama’s huge haul looks even bigger next to his GOP opponents, none of whom managed to crack even $20 million in the second quarter, and only one of whom broke $5 million (though Rep. Michele Bachmann, who has not yet announced her totals, could still exceed that amount)."

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