Obama 2012 campaign breaks goal, records [View All]

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"The campaign to re-elect President Barack Obama said on Wednesday it raised $86 million from April to June, exceeding its $60 million quarterly target and eclipsing Republican White House contenders.

Obama's 2012 campaign said it received donations from more than 552,000 people, with what it called "more grassroots support at this point in the process than any campaign in political history."

In keeping with Obama's 2008 winning strategy of tapping small donations, 98 percent of donations in the second quarter were $250 or less, with an average donation of around $69, campaign manager Jim Messina said in a video to supporters.

The figures confirm that Obama, a Democrat who raised a record $745 million in cash during 2008, has started the 2012 race as the cash leader despite worries about the U.S. economy and criticism from some fellow Democrats that he has tilted to the right in U.S. debt talks."

http://news.yahoo.com/obama-2012-campaign-far-exceeds-fundraising-goal-131912258.html