Election 2012

Obama Campaign Sets New Fundraising Record

Good news -- the Obama campaign set a new record during the month of September for total amount of funds raised.

WASHINGTON—The Obama campaign set a new monthly fundraising record for the 2012 election cycle, taking in more than $150 million in September as supporters rallied behind the president in the final phase of the election, according to people familiar with the totals.

The September total far surpasses the $114 million raised in August, when the Obama team snapped a three-month streak in which it was outraised by Republican challenger Mitt Romney. At the time, the $114 million was the most the Obama campaign had collected in any one month in the 2012 election season. The most the Romney campaign has collected so far was $111 million in August.

The Romney campaign has yet to report their fundraising total for September, but if it's more than $150 million I'll eat my hat.