WASHINGTON -- President Barack Obama's campaign raised more than $70 million combined for his re-election and the Democratic party during the summer, an amount that gives him a clear advantage over his Republican rivals but is less than his initial fundraising effort.
The fundraising total announced Thursday exceeds a goal set by the campaign of $55 million combined for the July-September fundraising period but is about $16 million less than Obama raised during the April-June quarter.
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