Obama amasses huge re-election fund in second quarter

08:39, July 14, 2011      

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U.S. President Barack Obama collected more campaign funds during the second quarter than did all of the Republican presidential candidates combined, Obama's re-election team announced Wednesday.

Obama's re-election campaign collected 47 million dollars from April to June, while the president raised another 38 million dollars for the Democratic National Committee, the president's campaign manager, Jim Messina, announced in a video message to supporters.

The leading fund-raiser in the Republican field, former Massachusetts Gov. Mitt Romney, raised 18.25 million dollars during the same period. None of the other Republican candidates raised more than 5 million dollars.

The campaign funds Obama received last quarter mostly came from small donors, Messina said. The average contribution was 69 dollars, and 98 percent of donors gave less than 250 dollars, he said.

Source: Xinhua
 
 
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