Obama heads to Florida for re-election fundraising effort

October 9, 2012

President Barack Obama on Thursday will travel to Florida for a fundraiser at a hotel in Miami with hundreds of guests that could raise at least $1 million for the Democratic incumbent and Democrats’ re-election coffers, according to a major donor.

“People are enthusiastic about how the race is going — the danger of a Romney administration is less likely — but this election is far from over,” said Kris Korge, a Florida businessman helping to organize the event.

Romney enjoyed a jump in several opinion polls after a strong debate performance last week against an strikingly tepid Obama. A positive jobs report on Friday gave Obama some positive news, but poll aggregator RealClearPolitics showed the presidential race tightening in Florida and other key swing states.

Fundraisers in Florida reached their third quarter goal to give at least $5 million to the campaign, said Korge, who has himself raised hundreds of thousands. Obama’s campaign and its Democratic allies raised $181 million in September, the largest total announced this election cycle.

In August, Obama and the DNC raised more than $114 million, narrowly beating Romney’s $111 million haul. Before that, Romney and Republicans had outraised Obama and the Democrats for the preceding three months.

Democrats say they still fret being outspent by Republicans backing Romney and his running mate Paul Ryan, a congressman from Wisconsin.

The Obama campaign’s fundraising goal was originally at least $800 million for the 2012 campaign, several fund-raisers said. However, one major fund-raiser said that when wealthy Republicans such as casino magnate Sheldon Adelson began writing seven-figure checks to Romney’s outside Super PAC backers, the campaign told fund-raisers it needed at least $100 million more than its original goal.

Picture: President Obama high-fives with Max Frank, 4 years old, from Livermore after Obama arrives at San Francisco International Airport to continue a three day campaign swing in California and Ohio, October 8, 2012. REUTERS/Larry Downing

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