Obama cashes in as opponents jostle
Source: Agencies |
October 14, 2011, Friday
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Print Edition
Print Edition
US President Barack Obama's fundraising campaign yielded more than US$70 million for his re-election and the Democratic party during the summer, an amount that gives him a clear advantage over his Republican rivals but is less than his initial fundraising effort.
The fundraising total announced yesterday exceeds a goal set by the campaign of US$55 million for the July-September fundraising period but is US$16 million less than Obama raised during the April-June quarter.
Obama has been faced with declining poll numbers and a weakened economy during the summer, prompting the president recently to call himself the "underdog" in the presidential race.
Still, the formidable war chest will help him combat the challenge from the Republicans, who remain locked in a fierce contest to see who will get to challenge him next year.
Texas Governor Rick Perry is poised to tap his substantial campaign funds and buy TV advertisements to criticize the record of former Massachusetts Governor Mitt Romney, who seems firmly in command of the field.
The biggest question has been when and how Perry would use the adverts to attack Romney's record on healthcare, abortion, gay rights and job creation. His campaign has dropped broad hints that the moment for this attack is near.
Romney, the former governor of a predominantly Democratic state, has been attacked for his shifting positions on social issues that are held dear by conservative voters who dominate the Republican primary season.
"Now that the field is full, the air war will start soon," said Katon Dawson, former chairman of the South Carolina Republican Party and Perry's top adviser in the state.
Romney briefly lost his front-runner status when Perry entered the race in August and seemed to project himself as a more solid conservative.
But Perry has stumbled in debate performances, and comments he made on immigration and other issues have alienated some.
But Perry seems best positioned among Republican contenders to challenge Romney for a chance to defeat Obama.
Among the others, Representative Michele Bachmann of Minnesota surged in midsummer, then fell. In recent polls, former pizza company executive Herman Cain has ranked as Romney's top rival, although few believe he will be the nominee. In national polls, combined support for Cain, Perry and Bachmann exceeds Romney's support.
The fundraising total announced yesterday exceeds a goal set by the campaign of US$55 million for the July-September fundraising period but is US$16 million less than Obama raised during the April-June quarter.
Obama has been faced with declining poll numbers and a weakened economy during the summer, prompting the president recently to call himself the "underdog" in the presidential race.
Still, the formidable war chest will help him combat the challenge from the Republicans, who remain locked in a fierce contest to see who will get to challenge him next year.
Texas Governor Rick Perry is poised to tap his substantial campaign funds and buy TV advertisements to criticize the record of former Massachusetts Governor Mitt Romney, who seems firmly in command of the field.
The biggest question has been when and how Perry would use the adverts to attack Romney's record on healthcare, abortion, gay rights and job creation. His campaign has dropped broad hints that the moment for this attack is near.
Romney, the former governor of a predominantly Democratic state, has been attacked for his shifting positions on social issues that are held dear by conservative voters who dominate the Republican primary season.
"Now that the field is full, the air war will start soon," said Katon Dawson, former chairman of the South Carolina Republican Party and Perry's top adviser in the state.
Romney briefly lost his front-runner status when Perry entered the race in August and seemed to project himself as a more solid conservative.
But Perry has stumbled in debate performances, and comments he made on immigration and other issues have alienated some.
But Perry seems best positioned among Republican contenders to challenge Romney for a chance to defeat Obama.
Among the others, Representative Michele Bachmann of Minnesota surged in midsummer, then fell. In recent polls, former pizza company executive Herman Cain has ranked as Romney's top rival, although few believe he will be the nominee. In national polls, combined support for Cain, Perry and Bachmann exceeds Romney's support.
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