Obama campaign, Dems set $60M fundraising goal

December 23, 2011 - 2:31 PM

WASHINGTON (AP) — President Barack Obama's re-election campaign and the Democratic Party have set a combined fundraising goal of $60 million for the final three months of 2011.

Obama's campaign and the Democratic National Committee have collected $156 million through the end of September. They would surpass $200 million if the goal is met. The campaign and DNC raised about $70 million from July through late September.

A campaign official tells The Associated Press that the campaign and DNC have yet to meet the fundraising goal but Obama wasn't expected to participate in any fundraising events for the rest of the year. The official spoke on condition of anonymity and was not authorized to speak publicly.

Obama was leaving Washington on Friday to begin a vacation in Hawaii.