Obama campaign, Democrats raise $29.1 million in January

Reuters News
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Posted: Feb 17, 2012 7:08 AM
Obama campaign, Democrats raise $29.1 million in January

WASHINGTON (Reuters) - President Barack Obama's re-election campaign and its Democratic allies raised a combined $29.1 million in January, accelerating their fundraising pace as the White House race draws closer.

In a statement released on Twitter, the Obama campaign said 98 percent of its donations were $250 or less, signaling strength from core, small-time donors that his re-election team prizes.

Obama and Democrats supporting him raised more than $68 million in the final three months of last year, pushing the shared fundraising by his campaign and the Democratic National Committee to over $200 million for 2011.

(Reporting by Jeff Mason; Editing by Philip Barbara)