President Obama continues to raise increasing amounts of money for his re-election campaign, which announced this morning that it took in $45 million in February.

That’s more than the $29 million raised in January and still more than the $23 million per month during the last quarter of 2011.

A CBS News tally shows Mr. Obama did 15 fundraising events in February – averaging out to one every other day. He did 14 such events in January.

But most of the money comes from people who don’t attend fundraisers. The Obama campaign trumpets that over 348,000 individual contributions were taken in last month and the average amount was $59. A video posted by the Obama campaign this morning also boasts that 98 percent of the donations received were $250 or less – an effort to suggest a grass roots base of support.

Continue reading →