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Obama Campaign, DNC Bring In $68M In Fourth Quarter

Source: Stephanie Condon / CBS News

President’ Obama’s re-election campaign announced this morning that it raised over $68 million, in conjunction with the Democratic National Committee, in the fourth quarter of 2011.

Mr. Obama’s campaign team, Obama for America, raised more than $42 million, while the DNC brought in more than $24 million, OFA Campaign manager Jim Messina announced in a video emailed to supporters.

Messina boasted that the president’s grassroots support remains strong, with more than 1.3 million donors. The average donation size in the fourth quarter was $55. Still, Messina warned of the misconception that the Obama team doesn’t need small donations.

“The biggest difference between 2008 and 2012 from a fundraising perspective is that some supporters have begun to think that somehow other people are going to take care of things and it will be fine,” Messina said in the email to supporters. “But there’s no secret strategy that we can count on. There is no cavalry. There’s only you.”

To read this article in its entirety visit CBS News.

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