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Obama fundraising slips behind Romney

Aug. 6, 2012 at 11:22 AM   |   Comments

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WASHINGTON, Aug. 6 (UPI) -- About $75 million was raised in July for President Barack Obama's election campaign, the Democratic National Committee said.

That's far less than Republican rival Mitt Romney, who pulled in $101 million during the same period, The Washington Post reported.

It's the third month in a row that fundraising by GOP supporters has exceeded that of the Democrats.

Republican-leaning political action committees have been aggressively recruiting donations for Romney.

About 98 percent of the money received by the DNC was from donors who gave $250 or less, the Obama campaign said. An average donation was $53.

The smaller donation amounts mean that supporters will be able to donate again in August and September.

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