WASHINGTON (AP) — President Barack Obama raised a combined $53 million for his campaign, the Democratic Party and other campaign funds in March, his campaign said Monday as it prepared to face Mitt Romney and a rejuvenated GOP in the general election.
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Obama has collected nearly $350 million since the start of the campaign last year, representing a boost in campaign cash compared with recent months. He has raised about $127 million for his campaign, the Democratic National Committee and other campaign funds since the beginning of 2012.
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Obama has entered a new phase in which he faces a direct challenge from Romney, who has begun raising money jointly with the Republican National Committee to overcome the president’s fundraising edge. The RNC raised $13.7 million in March, its best month of the election cycle and has $32.7 million in cash.
Romney had raised about $75 million through the end of February and ended the month with about $7.2 million in the bank. His campaign was expected to announce fundraising totals for March this week.
Obama’s campaign had $84.7 million in cash-on-hand through the end of February and was expected to detail its cash position in an upcoming report with the Federal Election Commission.
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