The Corner

Obama Raises $42 Million in Fourth Quarter

The New York Times reports:

President Obama’s presidential campaign raised $42 million during the final three months of 2011, giving him what his campaign manager called a “pretty good quarter” going into his re-election bid.

In an e-mail to supporters on Thursday morning, Jim Messina, the campaign manager, reported that the Democratic National Committee also raised an additional $24 million for a total of $66 million that can be used for the presidential campaign.

“That’s a pretty good start,” Mr. Messina said in a video on the campaign’s Web site. He added that 583,000 people donated to the campaign in the quarter, including more than 200,000 who had never contributed to the president in the past.

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