CHICAGO (AP) — President Barack Obama’s campaign team hopes to raise a combined $55 million during the three-month fundraising period that ends in late September.
The president’s campaign advisers are telling top donors that fundraising will be critical because Republican presidential hopefuls Mitt Romney and Rick Perry, along with outside groups supporting Republicans, are expected to haul in millions of dollars this month.
The $55 million goal for the campaign and the Democratic National Committee was outlined during a presentation to donors on Friday, according to a person who saw the presentation. The person spoke on condition of anonymity and was not authorized to speak publicly about the goals.
Obama’s key fundraisers are in Chicago for meetings. They watched Obama’s address to Congress on his jobs proposal Thursday night at the campaign’s headquarters.