‘Underdog’ Obama’s Campaign Coffers At $70 Million For Third Quarter

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President Obama has accrued about twice as much in campaign money as all the GOP candidates combined.

The incessant campaigning that President Barack Obama has been accused of in past months has apparently paid off; he raked $70.1 million in third quarter contributions for his 2012 campaign and the Democratic National Committee.

While the number is lower than the $88 million raked in during the preceding funding quarter, POLITICO reports that the President’s campaign is doing much better at raising funds than it is at achieving high approval numbers in polls.

GOP Presidential contenders are reportedly expected to have raised cumulatively about half as much as Obama. The Republican National Committee raised $9.3 million over the same period, but reportedly has millions of dollars in debt.

Despite having raised massive amounts of campaign money, the President’s campaign officials are still attempting to depict Obama as an underdog who faces GOP special interest power.

“We’re up against a Republican Party and special interest-funded groups that will spend hundreds of millions of dollars spreading any message that they believe will defeat the president and roll back our efforts to build a fairer economy that rewards hard work and responsibility, not large corporations,” wrote Obama campaign organizer Jim Messina in an email to supporters.

Messina said the new cash is being used to establish the campaign’s infrastructure in battleground States.

Sam Rolley

Sam Rolley began a career in journalism working for a small town newspaper while seeking a B.A. in English. After covering community news and politics, Rolley took a position at Personal Liberty Media Group where could better hone his focus on his true passions: national politics and liberty issues. In his daily columns and reports, Rolley works to help readers understand which lies are perpetuated by the mainstream media and to stay on top of issues ignored by more conventional media outlets.

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