Obama's Campaign Is Struggling To Bring In Big Money Donors: But the President's recent fundraising gains do little to quell concerns that the campaign is struggling to woo big money donors. Last month's haul is still less than the $56 million Obama raised during the same month in 2008, when he was still locked in a primary battle with Hillary Clinton.
An FEC analysis by the Washington Post shows that only 11,175 people have given Obama $2,000 or more this election cycle, down from more than 23,000 during the same period in 2008. His re-election campaign now trails far behind Romney in convincing donors to fork over big checks.
Obama's fundraising problems are particularly acute among donors in the financial sector; Romney has raised nearly three times more Wall Street cash than Obama during this election cycle.
The Obama campaign has publicly brushed over its big-donor problem, touting the campaign's success at bringing in small donors, a relative weakness for Romney's campaign. According to the Obama site, nearly 350,000 people donated to the campaign in February, and nearly 98% of donations were for $250 or le