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Obama Fundraising Hits Wall

The GOP pulled even with the Democrats in election fundraising as donations to President Obama's campaign dropped steeply in April.

By Washington Free Beacon Staff·
Obama Fundraising Hits Wall

The GOP pulled even with the Democrats in election fundraising as donations to President Obama's campaign dropped steeply in April.

Obama's re-election Super Pac, Priorities USA Action, raised a mere $1.6 million in April, the group's smallest amount since its anemic $59,000 January haul. Priorities USA Action pulled in $3 million less than the Mitt Romney Super PAC, Restore Our Future, raised in April.

The Politico reports:

The Obama campaign, Democratic National Committee, Democratic Senatorial Campaign Committee and Democratic Congressional Campaign committee raised a combined $54.6 million last month. Their Republican counterparts – the Romney campaign, Republican National Committee, National Republican Senatorial Committee and National Republican Congressional Committee – raised $51.25 million.

At each level of the 2012 race, the fundraising gap was narrow. The Obama campaign and DNC outraised Romney and the RNC by just $3.5 million – $43.6 million to $40.1 million. Democrats also won the Senate money contest, with the DSCC taking in $4.5 million to the NRSC’s $4.25 million.

Republicans won out in the House bracket, with the NRCC raising $6.9 million to the DCCC’s $6.5 million.

Meanwhile, the Obama campaign's fundraising declined steeply in April as many large donors hit the legal maximum.

Buzzfeed reports:

Obama’s campaign took in $25.7 million, after raising $43.6 million in conjunction with the Democratic National Committee. That represented a drop from the $35 million in receipts the campaign saw in March on $53 million raised by the joint fundraising effort.

 

Via Buzzfeed