The re-election campaign of President Barack Obama and the Democratic National Committee are on track to net $60 million for the fourth quarter of the year, Reuters reports.
Obama had already raised roughly $155 million through September in an effort to raise more than $750 million for next November’s election.
“Enthusiasm for the White House‘s policies has been steadily increasing and it will keep increasing,” major Democratic fundraiser Steven Cohen told the news service.
According to Cohen, the GOP’s bungled handling of the payroll tax fight is inspiring contributors to give more to Obama’s re-election campaign.
“Among the people who I have talked to, they are seeing a real demonstration of the president’s commitment to stand his ground,” he said.