President Obama has brought in less large donor money during this election cycle compared to 2008, reports Fox News.
Nearly 59 percent of the donations to the Obama campaign have been under $200. The Obama campaign has raised over $196 million dollars and has $104 million on hand.
Obama's opponent, Mitt Romney has around $10 million cash on hand.
Many believe there is a lack of enthusiasm and money because Obama is not in a primary fight.
Supporters of Romney said Super Political Action Committees may help build Romney's war chest. However, Obama also has large support from political action committees. Many of those SuperPACs come from Hollywood and Silicon Valley, reports CBS News.
Leave a comment