Surge in Donations Lifts Obama Over Romney in August
(WASHINGTON) -- President Obama and Democrats report raising more than $114 million for the 2012 campaign in August, marking their best fundraising month of the election cycle and outpacing rival Mitt Romney for the first time in three months.
The Obama campaign announced the figure on Twitter ahead of formally filing financial reports with the Federal Election Commission by Sept. 20.
The August total, which includes funds collected by the president’s campaign committee, Democratic National Committee and joint fundraising accounts, is a significant increase over the $75 million raised by the groups in July. Romney reported raising $111 million in August.
Obama campaign manager Jim Messina credited a surge in grassroots donations for the strong showing.
The Obama campaign said last week that more than 3.1 million Americans have donated to the president’s re-election effort, surpassing the total of four years ago.
The average donation last month was $58, the campaign said. Ninety-eight percent of donations were $250 or less.
“No celebrating,” tweeted @BarackObama in response to the numbers, “because they’re going to have an even bigger September. But now we know we can match them, doing this our way.”
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