WASHINGTON – President Obamas re-election campaign, which only two months ago fretted that it was losing the money race to Republican challenger Mitt Romney, said Saturday it was on the cusp of raising $1 billion for the 2012 election after posting its strongest fundraising month of the year.
The Obama campaign and the Democratic National Committee raised $181 million last month, easily eclipsing the $114 million that they had raised together in August. The number falls shy of the all-time monthly record of $193 million, set by Obama in September 2008.
Campaign manager Jim Messina wrote in an email to supporters that Obamas fundraising efforts in 2012 mark a historic record for grass-roots politics.
The campaign says it has collected more than 10 million individual donations this year.
The September haul caps a turnaround in Obamas financial status since May.
He fell behind his Republican opponent in monthly fundraising through July, but he edged out Romney in August, $114 million to $112 million.
Obama has raised nearly half his money through small donations with aggressive solicitation programs targeting email, social media and cellphone texting services. Last months fundraising also included the Democratic National Convention in Charlotte, N.C., and a notable bump in the polls for the president in subsequent weeks.