President Obama raised more than $86 million for his re-election campaign from April to June, his campaign announced Wednesday, far outpacing his Republican rivals and breaking all previous fundraising records by incumbent presidents.
The president raised $46 million for Obama for America, and his many fundraising events pulled in another $38 million for the Democratic National Committee.
The total dwarfs the second quarter fundraising of former Massachusetts Governor Mitt Romney, the current GOP front-runner, who took in about $18.25 million. Although that figure does not include money raised by the Republican National Committee.
In an early morning video sent to supporters, Obama’s campaign manager Jim Messina said the campaign had received donations from 552,462 people, nearly tripling the number of donors who had given by this time in 2007. Messina also touted the importance of small donors to the total, pointing out that 98 percent of contributions to the re-election effort have been $250 or less.
Messina thanked the president’s supporters, but he warned that the election effort would be difficult. “We have reason to be proud of what we’ve built so far but it’s going to be tougher from here,” he said.