Monday, May 21, 2012

Can't hide the decline

A nice look at Obama's fundraising in April - both big and small donations are down.
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.
Most of Obama’s drop is attributable to a decline in contributions of more than $500, which fell by more than $9 million. Many of Obama’s top donors have already hit the legal $2500 maximum to the campaign, which — along with an apparent failure to recruit a new cadre of wealthy supporters — may account for the decline.

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