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Obama, Dems Want $60M by End of June

One major donor says most has already been raised

By Evann Gastaldo,  Newser Staff

Posted Jun 2, 2011 8:39 AM CDT

(Newser) – President Obama wants to raise $60 million by the end of June, sources tell the AP—and one major donor says most of that amount has already been raised. Key fundraisers were asked yesterday to help with the push, which will benefit Obama's re-election campaign and the Democratic Party. Obama's advisers ultimately hope to match the $750 million he raised in 2008 or exceed it, with some estimating he could raise $1 billion this time around.

Before the fundraising quarter ends on June 30, the president will headline fundraisers in Miami, DC, New York, and Philadelphia. The first lady, meanwhile, will hold fundraisers in California. In April, when Obama launched his 2012 campaign, the Democratic National Committee raised $12.4 million, with $7 million of that going to the Obama Victory Fund.

Volunteer receptionist Hattie Hester answers a phone call during a tour of US President Barack Obama's re-election headquarters May 12, 2010 in Chicago, Illinois.
Volunteer receptionist Hattie Hester answers a phone call during a tour of US President Barack Obama's re-election headquarters May 12, 2010 in Chicago, Illinois.   (Getty Images)
President Barack Obama gestures as he speaks at a Democratic party fundraiser, the third of three such events he attended in one night, in New York, Wednesday, April 27, 2011.
President Barack Obama gestures as he speaks at a Democratic party fundraiser, the third of three such events he attended in one night, in New York, Wednesday, April 27, 2011.   (AP Photo/Kathy Willens)
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COMMENTS
Showing 3 of 9 comments
Rational.-Anarchist
Jun 3, 2011 7:32 AM CDT
The only reason I can think of that Obama needs 1Billion for, is to buy the votes to keep him in office. Any questions?
radar531
Jun 2, 2011 1:10 PM CDT
Barry, jus call one of your buttrammin weiner lover bathhouse buddies.
SC23
Jun 2, 2011 1:00 PM CDT
Just think of how many soup kitchens you could fund for a decade with that kinda money.. its a sad note on our dog and pony show elections.

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