Almost all of the $29.1 million that President Obama raised in campaign funds during January came from small donors, according to his re-election campaign staff.
Obama’s January totals put the president slightly ahead of the amount George W. Bush brought in during the same period eight years ago, when Bush was seeking his second term in the White House, according to the Washington Post.
Overall, Obama has raised $250 million, to be split between his re-election campaign and Democratic National Committee.
Although the president has been outpacing his GOP rivals in campaign fundraising, that advantage is not expected to last, especially with the influence of the proliferation of so-called “Super PACs.”
It is the potential of those Super PACs which prompted the Obama campaign to endorse the efforts of one such Obama-supporting Super PAC despite the president’s strong denunciation of the 2010 Supreme Court decision which allowed their influence to spread in elections.
When Obama campaign manager Jim Messina announced the controversial decision earlier this month to support Priorities USA, Messina emphasized the campaign’s continued reliance on small donors.
Scott Nance is the editor and publisher of the news site The Washington Current. He has covered Congress and the federal government for more than a decade.