Obama 2012 raises $29.1 million in January

By: Lucy Madison
Topics: Campaign 2012

President Barack Obama speaks at the Nob Hill Masonic Center in San Francisco, Thursday, Feb. 16, 2012.

(Credit: AP Photo/Susan Walsh)

President Obama's re-election campaign raised $29.1 million in January in conjunction with the campaign and the Democratic National Committee (DNC), the campaign announced Friday.

The campaign announced the figure via Mr. Obama's Twitter account.

A subsequent Tweet noted that of the January donations, 98 percent were for $250 or less.

"Thanks to everyone who pitched in," the Tweet read.

The most recent haul brings Obama 2012 fundraising to about $250 million, according to the Associated Press.

The January fundraising numbers signal an uptick for the president's re-election campaign; in the fourth quarter of 2012, the president on average raised about $23 million a month. In all, the president raised $68 million in the fourth quarter; in comparison, his Republican presidential rival Mitt Romney raised just $24 million in the final three months of the year.

On Friday night, the president will wrap up a three-day fundraising blitz in California, where he is expected to bring home about $8 million to split between his campaign and the DNC.

Earlier this month, the Obama campaign reversed its position and began encouraging supporters to give a pro-Obama super PAC, despite Mr. Obama's having once referred to the outside groups as a "threat to democracy." The campaign said it was forced to back giving to the nominally independent groups because the president's Republican rivals would be supported by millions of dollars from conservative groups backing the GOP nominee.

Lucy Madison
Lucy Madison is a political reporter for CBSNews.com.
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by HarryOrielly February 21, 2012 10:15 AM EST: The BIG LIE is that the REPUBLICANS are for the RICH & Obama is for the POOR- The rich power moguls who installed Obama and hid his past (criminal) history have given Obama over a billion dollars in campaign funds- The super rich are solidly for Obama and can coltrol him (due to his past history) Over 30 lawsuits have been filed against Obamas FORGED birth certificate and multiple SSN's used in real estate scams- HOW MANY HAVE YOU READ ABOUT IN THE NEWS?? (NONE) I rest my case- Obama is the only president in history to hide his past (he even surrendered his LAW license to avoid investigation) and he is the only president to have an alias name- "BARRY SOETORO" you are a FRAUD who has deceived America-; Reply to this comment


by HarryOrielly February 18, 2012 6:58 AM EST: The incredible Obama HOAX- the only president in history to hide his past history- he even surrendered his LAW license to avoid investigation of his past- and the only president with an alias name- "BARRY SOETORO" is NOT an honest man but a master swindler- because he has the backing of super-rich power moguls who control the newsmedia and spent millions in covering up his past- Obama is a FRAUD who has deceived America-; Reply to this comment

by oneslownewsday1 February 17, 2012 7:22 PM EST

Obama can raise the billion he's been bragging about but it's not going to save his bacon. Not with his pathetic record or how much CBS and other news agencies try to prop up this empty suit with their skewed polls and biased headlines and yellow journalism.

People could care less about the alleged improving economy and other lies while they are still unemployed after two or three years and have lost their homes and possessions. Record numbers of families are on food stamps and the same for children living in poverty.
The average American is having to try and stretch their dollars to make ends meet while food prices, clothing and the cost other necessities that are constantly going up and wages have stagnated.
The proof will be at the election booths and mail in ballots come this November.

All people have to do is ask themselves are they better off now than they were four years ago in November and that will be the end of Obama's re-election dreams.

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by jschmidt27 February 17, 2012 8:30 PM EST: "We're not becoming before you to say we have a definitive solution to our long-term problem. What we do know is that we don't like yours."
Tim Geitner to Paul Ryan

by RobAla February 17, 2012 3:23 PM EST

Who in the world would want to give this man money to continue his horrible policies? What could these people be thinking? Let's look at the list of achievements during the first 3 years of President Obama and fellow progressives:

1) He lied 8 times in promises to televise the health care discussions openly on CSPAN.
2) He made deals giving one premium health care plan to union members (supporters) and another to the rest of the country.
3) He stood by and allowed the House and Senate to buy health care votes using taxpayer money.
4) He allowed the health care bills to be fashioned behind closed doors and be filled with political favors. This disaster of a health care law increases the cost of health care by imposing fees on medical devices (like pacemakers). He and they took over the nations health care by the federal government - most Americans did not want this extreme action - and still do not. This horrible law will cause the majority of Americans to have higher health care cost in rising premiums. We already can not afford the size federal government that we currently have, with a $15 trillion national debt. It imposes $billions of unfunded mandates on struggling states to provide greater Medicaid coverage. 27 states are suing the federal government over this nonsense, as they don't have the money to pay for this. Businesses are not hiring because of the additional cost PER EMPLOYEE that is caused by this law.
5) President Obama has continued at least a 8% unemployment rate for three years.
6) He irresponsibly overspent 100s of billions of dollars the US didn't have on bailouts (President Bush started it and President Obama accelerated it) and bogus stimulus packages. The worthless 111th Congress (led by Democrat Nancy Pelosi) was too busy screwing up the nation to do their job. They never established a budget for the nation in 2010, and by law they are to do this.
7) President Obama has behaved in the most partisan manner of any recent President, after promising bipartisanship. He has arrogantly trashed everyone who has not agreed with his socialist agenda - even the Supreme Court.
8) Instead of securing the border and enforcing federal immigration laws, the President has made war on Arizona Americans as they attempt to protect themselves from an invasion of illegal immigrants.
9) The President's man, AG Holder, dropped his case against the Black Panthers who blatantly intimidated voters at the polls. Now, Holder may finally be kicked out over "Fast and Furious" - the program that sold guns to Mexican cartels, guns used to kill a US border agent.
10) This President has focused on an extremist agenda of "fundamentally transforming" the US from a democratic republic into a socialist democracy, instead of the millions without jobs. We are all witnessing the collapse of European socialist democracies, yet this does nothing to stop this President from pushing us down that road of disaster.
11) President Obama imposed a moratorium on drilling in the gulf, throwing thousands more out of work. One foreign oil company screwed up, and the President decided to punish other oil companies that have drilled responsibly for decades.
12) President Obama wanted the President Bush tax cuts to expire, which would have resulted in redirecting money away from the economy and pushing it into Washington. The President held on to this until he was forced to change by the pounding the Democrats took in the 2010 election. Still, he promises to increase taxes next year.
13) The President and other progressives in Congress have imposed oppressive additional expenses and regulations on private sector businesses that are crippling the private sector jobs market, while expanding the federal government and public sector jobs. Anyone with any economic sense knows that you need tax revenues from a healthy private sector jobs market to fund public sector expansions, and the money is just not there. Yet, President Obama wildly and irresponsibly continues to massively grow the federal government - hence an outrageous $15 trillion national debt.
14) With gas prices rising and projected to hit $4.00 a gallon by summer 2012, President Obama stops the Canadian pipeline deal that would reduce the US dependence on middle- eastern oil. His entire energy policy is idiotic, and leaves the US damaged.
15) In President Obama's 2012 budget, he never addressed serious issues threatening the future of the nation (like the fact that if Medicare and Social Security are not restructured, they both are projected to collapse by 2037). In fact, in the face of a staggering $15 trillion national debt - he proposed that we add another $trillion to it.

Just to name a few. The perfect word for President Obama is "irresponsible".

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by forsanity1 February 17, 2012 5:46 PM EST: You are among a very few Americans that actually believe this kind of propaganda laden misinformation and downright lies, Robbie.

Obviously many millions of people believe in President Obama. Those of us that use REALITY instead of ideology to form our opinions understand how desperate you and your like minded people are, but sorry -- we won't allow you to win elections based on false accusation.


by oneslownewsday1 February 17, 2012 7:05 PM EST: Forsanity1 is really one of the very few leftwingers who only believes the propaganda Moveon or CBS tells him to believe.
He has to or he'd get fired.

Only the lemmings still believe in Obama's broken promises from 2008 and you are in that group. Too bad for Obama and you people have wises up since then.
Only the wilfully ignorant and rabid progressives still by his lies and propaganda. After all it was the left who invented propaganda and brain washing.
You just can't handle the truth is what is your problem.


by The_General_1968 February 17, 2012 2:17 PM EST: *************; Reply to this comment


by The_General_1968 February 17, 2012 2:17 PM EST: Replace ********** with *******.com; Reply to this comment

by The_General_1968 February 17, 2012 2:16 PM EST

For the life of me, I cannot understand why anyone would send this man a dime, unless of course, you are getting something in return...
He signed the NDAA after he said he wouldn't. That was the nail on the casket for me.
The only candidate that is offering any kind of change that will lead to a more prosperous and safe America is Ron Paul. By the way, he's also a Christian, but he believes in the concept of peace rather than killing. And his foreign policy stance of non-interventionism is confirmed correct by the head of the Bin Laden operation inside the CIA - http://*******.com/6hs2xpt He also predicted the financial crisis years before it happened - http://*******.com/7hyptw9 Is a staunch supporter of our Bill of Rights, while all the other candidates are more than happy to rip them from the American people, especially the 2nd Amendment - http://*******.com/883jv56 Doesn't take a dime in lobby money. They know better to even come knocking on his door - http://*******.com/7a2c4ve Refuses to take his earned government pension, and has never voted for a congressional pay raise or an increase in the national debt.

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by forsanity1 February 17, 2012 5:48 PM EST: So, vote for Ron Paul in the GOP primary in your state, if it makes you happy. He will not be the Republican presidential candidate -- he does not represent the majority of Republicans.

If Dr. Paul was REALLY as honest and concerned for America as you folks seem to believe -- he would be running as the Libertarian he is, not as a Republican. Period.

by alaskan1st February 17, 2012 1:53 PM EST

98% of the money came in as checks for $250 or less. That doesn't sound like corporate money.

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by forsanity1 February 17, 2012 5:50 PM EST: "truth"isaB is so uninformed, it is amazing. This silly person thinks PACS are allowed to give money to Candidates directly...!

Wow, how sad to be so ignorant and so full of anger and hatred... I hope you find God's grace one day tragic person, I do.


by aheadace February 18, 2012 12:28 AM EST: truthisaB where in the hell did you get the 37% it states 98% was $250.00 or less.

by Rich235 February 17, 2012 1:26 PM EST

I don't know...I'm just spit balling here but that seems like a significant number. Anyone in the media still calling themselves "reporters" agree.

At least report the news...the spin should stop somewhere. My God...I'm ashamed of the person that wrote this story...get a real job or become a real reporter!!!!!!!!!!!!

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by Zann-Zel February 17, 2012 3:02 PM EST: You're both at CBS - if you don't approve why do you Read here?


by SockMonkeySexy February 17, 2012 1:08 PM EST: Ah...Corporate America is in full swing again.

Which puppet will be bought,paid for and installed this fall ?

Stay tuned !!; Reply to this comment