- CNTV English - CCTV News

Nearly half of Obama donation from small donors: study

02-09-2012 08:42 BJT

WASHINGTON, Feb. 8 (Xinhua) -- As the reelection campaign of U. S. President Barack Obama moves to court deep-pocketed donors, a new study released on Wednesday showed Obama's fundraising in 2011 is mainly driven by small donors, who gave him nearly half of the money he raised in the year.

Obama received 48 percent of his total haul in 2011 from individual donors contributing an "aggregated .. 200 dollars or less," totaling 56.7 million, The Campaign Finance Institute said in a news release.

Obama raised more than twice as much from small donors in 2011 as he did in 2007, when 22 percent of his 96.7 million came from small donors. The president also raised 33.4 million in 2011 from donors who gave 1,000 dollars or more.

Attracting small donors can mean more than money. "Because small donors can give again, and may be willing to serve as campaign volunteers, successful small donor fundraising can serve a political purpose that goes well beyond the reported dollars," said the institute.

Obama's small donor haul stood in contrast to the GOP field. All of the small-donor donations of the Republican 2012 presidential candidates combined, former and current, come to 38.1 million.

Mitt Romney, the front-runner for the GOP presidential nomination, has raised 56.3 million from all donors, with only 9 percent of his 2011 contributions came from small donors.

Editor:Zhang Rui |Source: Xinhua

Hot Videos view more
Hot Stories more

Embassy: 2 Chinese nationals aboard capsized S Korean ship

The Chinese embassy in Seoul has confirmed two Chinese citizens were on board the ferry. Staff from the embassy has visited their families. Of the ferry’s 475 passengers, 9 have been confirmed dead. 179 people have been rescued and 287 are still missing.

Eight dead, 14 hurt in fatal highway accident in S. Philippines

Eight people were killed and over a dozen others were injured when a wayward truck plowed to several vehicles along a national road in this southern Philippine city over the weekend, police said Sunday.

Fmr Egyptian president accused of ordering killing of activists

Morsi is accused of ordering the killing of activists on December 5th 2012. The brief session was televised, but some Egyptians are beginning to lose interest in the drawn out trial.

More Video News

Choose TV Program