President Barack Obama waves upon his arrival at Paine Field, in Everett, Wash., FridayBy JIM KUHNHENN
WASHINGTON – President Barack Obama pulled in $29.1 million for his re-election campaign and the Democratic Party in January, raising his total for this election cycle to about $250 million.
The sum, announced Friday, shows he’s picked up the pace from his $23 million-a-month average of the final three months of last year
Financial reports released Friday show roughly $11.8 million in contributions to Obama’s campaign, as well as an additional $13.4 million to the Obama Victory Fund, a joint venture of his campaign and the DNC. The remaining sum of contributions would come from contributions to the DNC and the campaign’s Swing State Victory Fund.
That fundraising concluded before the campaign’s announcement this month that, in a reversal, Obama would embrace the big big-money fundraising groups he once criticized and let them help in his re-election. Those so-called super PACs, financed with large donations from a small group of individuals, have been prominent in the Republican presidential primary and are also poised to spend millions in the general election contest.