Obama & DNC Raise $68 Million In Q4

Posted by on Jan 13, 2012 in Politics | No Comments

It’s going to take a shit-load of unregulated Super PAC money for Republicans to close the fundraising gap with President Barack Obama.

President Barack Obama hauled in more than $68 million for his campaign and the Democratic Party during the final three months of 2011, a show of force that allows him to compete—for now at least—in the new reality of freewheeling outside political groups.The latest infusion of money, announced Thursday, adds up to more than $220 million in 2011 for the president’s re-election campaign and the Democratic National Committee, putting Obama far ahead of other Republican presidential candidates.

Of that money, $42 million went to the Obama campaign, the other $24 million to the DNC—which is essentially an extension of the president’s reelection effort.

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