Obama’s 2012 Fundraising Goal Pegged At $1 Billion

Chris Cillizza, writing for the Washington Post asks, “Will President Obama be the first billion-dollar man?” Cillizza says “there is already speculation that the cash-collection operation for his 2012 reelection bid will crest the once-unimaginable sum of $1 billion raised. … 'It's not unrealistic at all, given the amount raised and spent in 2008 and the amount Republican interest groups and 527s will spend against him,' said a former Obama administration official.” In 2008, Obama raised “$745 million, while Sen. John McCain collected $368 million.” http://www.washingtonpost.com/wp-dyn/content/article/2010/12/12/AR2010121203181…. added by: Radical_Centrist

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