" President Obama is on track to be the first $1-billion candidate. The notion seemed almost astounding two years ago, when Republican strategists first predicted Obama could raise that much money for his reelection bid. For their part, Obama campaign officials discounted the idea that they were aiming that high, telling donors that their goal was to bring in “north of $750 million.”
Obama surpassed that mark by Aug. 31. By then, he had raised $766 million between his reelection campaign, the Democratic National Committee and two joint fundraising committees, according the nonpartisan Campaign Finance Institute. In his 2008 bid, Obama raised $745 million through his campaign and several joint fundraising committees, and more than $100 million more in conjunction with the DNC.
http://www.latimes.com/news/politics/la-pn-obama-1-billion-dollar-campaign-20121002,0,997922.story
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