President Obama 2012 raises $29.1 million in January

(Credit: AP Photo/Charles Rex Arbogast)

(Credit: AP Photo/Charles Rex Arbogast)

(CBS News) -- President Barack Obama's re-election campaign raised $29.1 million in January in conjunction with the campaign and the Democratic National Committee (DNC), the campaign announced Friday.

The campaign announced the figure via Mr. Obama's Twitter account.

A subsequent Tweet noted that of the January donations, 98 percent were for $250 or less.

"Thanks to everyone who pitched in," the Tweet read.

The most recent haul brings Obama 2012 fundraising to about $250 million, according to the Associated Press.

The January fundraising numbers signal an uptick for the president's re-election campaign; in the fourth quarter of 2012, the president on average raised about $23 million a month. In all, the president raised $68 million in the fourth quarter; in comparison, his Republican presidential rival Mitt Romney raised just $24 million in the final three months of the year.

On Friday night, the president will wrap up a three-day fundraising blitz in California, where he is expected to bring home about $8 million to split between his campaign and the DNC.

Earlier this month, the Obama campaign reversed its position and began encouraging supporters to give a pro-Obama super PAC, despite Mr. Obama's having once referred to the outside groups as a "threat to democracy." The campaign said it was forced to back giving to the nominally independent groups because the president's Republican rivals would be supported by millions of dollars from conservative groups backing the GOP nominee.


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