BREAKING NEWS

Obama campaign raises more than $45 million in February

By REUTERS

MARCH 19, 2012 13:22

WASHINGTON - US President Barack Obama's re-election campaign raised more than $45 million in February, increasing its financial haul month-on-month as worries mount that Republicans could outspend Democrats in 2012.

In a statement released on Twitter, Obama's campaign said 348,000 people contributed last month and 105,000 people gave money for the first time.

Nearly 98 percent of the month's contributions were $250 or less, it said.
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Obama's campaign and its Democratic allies raised a combined $29.1 million in January. Campaign officials are concerned that outside groups known as Super PACs could outspend Obama in their quest to put a Republican in the White House.

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