Reuters: Politics: Obama raises more than $60 million in May, campaign says

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Obama raises more than $60 million in May, campaign says Jun 7th 2012, 11:30 WASHINGTON | Thu Jun 7, 2012 7:27am EDT WASHINGTON (Reuters) - President Barack Obama raised more than $60 million in May, mostly from small donations, his campaign said on Thursday. That is a sharp increase from April, when the president's re-election effort raised $43.6 million, a decrease from the previous month. In May, more than 572,000 people contributed to the Obama campaign and Democratic groups affiliated with it, and more than 147,000 of them were first-time donors, the president's campaign said in a series of posts on Twitter. Obama's team said 98 percent of donations last month were for less than $250, according to the posts on the social media website. The average donation was $54.94, it added.

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