Obama Fundraising Slips From Record-Setting Pace

Fundraiser-in-Chief behind his 2008 numbers
Jan. 2008: $36M, Jan. 2012: $29M
Feb. 2008: $56M, Feb. 2012: $45M

ABC News
For the second consecutive month, President Obama has fallen off the record-setting fundraising pace he set four years ago.

His re-election campaign announced Monday that it raised $45 million in February, combining contributions to Obama for America, the Democratic National Committee and two joint fundraising accounts — the Obama Victory Fund and Swing State Victory Fund.

In February 2008, Obama raised $56 million

The campaign’s financial update, which will be formally reported to the Federal Election Commission on Tuesday, follows an aggressive push for cash in recent weeks by Obama and his campaign aides, who have at times appeared panicked by the complacency of some Democratic donors and the influence of pro-GOP super PACs.

“We cannot underestimate someone like [Mitt] Romney who has shown he will spend and say anything to win,” campaign manager Jim Messina warned in a fundraising appeal last week that highlighted polls showing Obama losing to Romney if the election were held today.

In an email blast at 3 a.m. earlier in the month, Messina was outright critical of the base: “Too many Obama supporters are falling into a trap,” he wrote. “They’re waiting to donate until we have a clear opponent. There’s too much at stake, and not enough time, to be doing that.”

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