Obama, Democrats raise $53 million in March

Reuters News
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Posted: Apr 16, 2012 7:18 AM
Obama, Democrats raise $53 million in March

WASHINGTON (Reuters) - President Barack Obama's re-election campaign and Democratic groups affiliated with it raised more than $53 million in March, showing a jump in fundraising over the previous month as the general election gets under way.

More than 567,000 donors gave money to Obama's cause and 97 percent of the donations were $250 or less, the campaign said in a video released to supporters.

The campaign and its Democratic allies raised more than $45 million in February.

More than 190,000 people were first-time donors in March. The average donation clocked in at $50.78.

"This really is how this works: people building this organization five and ten bucks at a time to take on Mitt Romney," Obama campaign manager Jim Messina said in the video.

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Romney, the former governor of Massachusetts, is the likely Republican presidential nominee expected to challenge Obama in the November 6 election.

The fundraising totals include donations directly to the Obama campaign, the Democratic National Committee, and other joint fundraising committees.

(Reporting by Jeff Mason Editing by W Simon)