Obama Draws $32.5M in Campaign Cash

Xi Jinping, China's next president, to meet with Obama

(NEWSER) - The man slated to be China's next president began his US tour today, meeting with President Obama in the Oval Office before having lunch with Joe Biden and Hillary Clinton. Biden will serve as Xi Jinping's host in Washington, the New York Times reports. Other stops on the agenda: a meeting with the Chamber of Commerce, and a high-level trip to the Pentagon, where he'll get an honor guard salute and meet with Leon Panetta and the new chairman of the Joint Chiefs of Staff, Gen. Martin Dempsey. More»

That's more than double the proportion from 2007: analysis

(NEWSER) - President Obama continues to be successful raising money through small donations—and this time around, he's outpacing his campaign from four years ago. Last year, almost half of the money raised by the president's re-election campaign came from donors who gave $200 or less in total, a new report from the Campaign Finance Institute shows. In 2007, by comparison, just 22% of the $96.7 million he raised came from donations of $200 or less. In total, Obama raised $56.7 million from small donors last year, compared to the $38.1 million small donors contributed to all of his Republican opponents combined. More»

Chrysler ad a political football

(NEWSER) - God bless America ... and the Chrysler bailout ... seemed to be the message that left football fans misty-eyed after Clint Eastwood's Super Bowl Chrysler ad. It's "halftime" in America, and we're all pulling together for a brighter economic future, says the gravelly-voiced star. But Eastwood was opposed to the bailout that made the Chrysler turnaround possible, and now the ad has become a political football as Dems score points with it and the GOP tackles it, notes ABC News . “Saving the American Auto Industry: Something Eminem and Clint Eastwood can agree on," crowed White House spokesman Dan Pfeiffer on Twitter, referring to Eminem’s Chrysler ad during last year's Super Bowl. "Powerful spot," chimed in Obama re-election strategist David Axelrod. But George Bush's political maven Karl Rove snapped that he was "offended" by the ad, which he argued was orchestrated by the administration to paint a rosy future. More»

There are plenty of reasons the president should be worried

(NEWSER) - Democrats, and many pundits, seem to believe that President Obama is rebounding, and will surely win re-election, but Jim Vandehei of Politico isn't buying it. Here's why he thinks the president should be sweating right now:

• The economy: The recent CBO report not only projected another trillion-dollar deficit, it predicted that unemployment will rise to 8.8% in the third quarter—something Obama's own advisers doubt he could recover from.

But still an impressive amount: Politico

(NEWSER) - The Obama campaign and the Democratic National Committee raised a significant amount of funds in 2011—$222 million—but not quite enough to beat the Bush-Cheney amount from the same period eight years ago. In 2003, Bush's campaign and the RNC raised about $239 million, which Politico did not adjust for inflation. And the $68 million raised by Obama and the DNC in the fourth quarter was less than the $70.1 million raised the quarter prior. More»