Obama Becomes Top Fund-Raiser For Re-Election Campaign

.

Obama Becomes Top Fund-Raiser For Re-Election Campaign

It has been revealed through a report recently that President Barack Obama has contributed around $11.8 million this January to the funds for his re-election campaign and nearly $17.3 million for the Democratic National Committee and has again become the presidential race’s top fund-raiser.

The report has found that the president has however, made a big contribution for raising funds together with the top Republican super PACs and Democratic committees. But, despite their best endeavours, they lagged behind their Republican counterparts.

As per the report by the Federal Election Commission on Friday, Mr. Obama started a three-day fund-raising swing this week on the West Coast and raised $151.4 million approximately. It has been revealed that he appealed to administration and campaign officials to support and back in raising funds for Priorities USA Action. Also, the campaign was aimed at raising funds up to more than $8 million.

It is being said that varied fund-raisers have been scheduled by him in New York for the next month. The report has found that Mr. Obama has undoubtedly raised funds up to a sum of $151.4 million and has become top fund-raiser though. The amount has been noted to be considerably low as compared to his contributions during the same in the month of January 2008. It has been found that he raised more than a third as against this time four years ago.

"We've got really good people and we have to make sure we have a government that is reflective of that core decency. That's what we're fighting for. That's what this is all about", said Obama at a fundraiser Friday in Medina, Wash. He affirmed that though he looks older, he is more determined than 2008 and has become more optimistic.


Latest News

Report Shows Large Number of Americans still Prefer Receiving Credit Card Statem
U.S. Big Banks Pass Annual Stress Test
Viacom’s Board will Remain as it is for the Time being, Judge Sets Hearing for J
Crude Stockpiles Drop in the U. S
A New Study Highlights that U. S. Expected to Spend $2.6 Trillion Less than Esti
SolarCity Shares Soar with Tesla's Bid for the Company
The Leave as well as Remain Camps Gathers Pace in Brexit
Oil’s Advance Halts as Market Awaits U.S Stock Pile Data and Brexit Poll
Martin Winterkorn and a Current VW Board Member Under Investigation by Prosecuto
Survey Shows Some Workplace Benefits are Fading with Time
Kimco Realty Corporation Shares Climbed 0.21 Percent Last Week
Sluggish Growth and Inflation is Taking More Time Than Expected Affecting Fed’s