Obama, Democrats' April fundraising drops to $43.6 million

Reuters News
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Posted: May 18, 2012 11:18 AM
Obama, Democrats' April fundraising drops to $43.6 million

WASHINGTON (Reuters) - President Barack Obama's re-election campaign and Democratic groups affiliated with it raised $43.6 million in April, a decrease from the previous month despite the start of a robust general election campaign against Republican Mitt Romney.

Ninety-eight percent of the donations were less than $250 in April and the average donation came in at $50, the campaign said in a statement released on Twitter.

More than 437,000 people donated last month and over 169,000 were first-time donors, it said.

Obama's campaign and its affiliates raised more than $53 million in March.

(Reporting by Jeff Mason Editing by W Simon)

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