WASHINGTON (Reuters) ? President Barack Obama and the Democratic National Committee raised more than $70 million from July to September for his re-election bid, the campaign said on Thursday, topping a $55 million target.
The campaign contribution report shows that Obama's money train did not stall in the third quarter, despite protracted summer debt talks and complaints from his base that he lacks the fervor to push a Democratic agenda.
Obama raised a record $745 million in cash during the 2008 campaign, and his advisers want to raise even more for 2012.
In the second quarter, the campaign raised $86 million, besting the record set by former President George W. Bush, a Republican. The Obama campaign had said it would raise $60 million in that period.
The campaign said that 606,027 people donated during the third quarter, which it said surpassed the record set in the previous quarter and was more than twice as many donations as the campaign had at this point in 2008.
The campaign said at last count 982,967 people have donated to the campaign, within striking distance of the 1 million donors it seeks to show a wide base of support.
Republicans, still in the process of picking a nominee to take on Obama, are behind in fundraising.
Texas Governor Rick Perry, once a front-runner whose support has been falling in the polls, raised $17 million in the third quarter, giving him fuel to keep the campaign going despite concerns over recent stumbles in debates.
Former Massachusetts governor Mitt Romney has not released third-quarter figures yet, but he raised more than $18 million in the second quarter.
The Republican National Committee has been raising record amounts for a non-election year, hauling in about $60 million so far this year.
(Reporting by Kim Dixon and Patricia Zengerle; Editing by Eric Walsh and Vicki Allen)
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