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Obama Gets Cash Boost as Polls Cheer Romney

President Barack Obama has stashed $181 million into his re-election account to cheer supporters after his limp debate performance, but several polls show movement towards Republican Mitt Romney.

Obama's camp Saturday announced its biggest monthly haul of the 2012 race with its September fund-raising figures, a day after supporters got another fillip with news that the U.S. unemployment rate dipped below eight percent.

Yet there were signs that Republican Romney's confident debate joust with the president was softening support for Obama in the battleground states that will decide who will control the White House for the next four years.

In Gallup's daily poll, Romney cut the president's lead from 49 to 46 percent, and other national polls and state surveys showed movement to the Republican, who appeared before 6,000 people in Florida Saturday.

It will be the middle of the coming week until Wednesday's debate and Friday's Labor Department data, which showed the tumble in the unemployment rate to 7.8 percent, are fully factored into state of the race polls.

The president, recuperating after his debate mauling from Romney in Denver on Wednesday night, took time out Saturday to wine and dine his wife Michelle in a belated celebration of their 20th wedding anniversary.

The Obamas left the White House to have dinner at a Georgetown steak house, with the suddenly competitive 2012 race giving them plenty to chew on.

Obama's fund-raising bonanza means he will have ample money to splash on an advertising blitz in the countdown to the election on November 6.

With 1.8 million donors in the month, the funds are also an impressive display of grassroots muscle, with the focus of rival campaigns now turning from spinning reporters to driving out core voters.

Republican nominee Romney has yet to reveal his monthly fund-raising figures for September, but early predictions that he would outspend Obama by a distance in the final days of the election appear to have been unfounded.

Romney, however, does have the support of an array of super PAC independent fund-raising committees financed by rich donors and corporations that can spend unlimited sums to attack Obama and overpower similar Democratic organizations.

The Republican's campaign also made known after Obama announced his fund-raising gold mine that Romney had raked in $12 million in online donations in 48 hours after the debate.

The question now is whether any boost Obama gets from Friday's jobs number will curtail the expected bounce Romney will enjoy from the debate.

Obama's campaign manager Jim Messina alerted supporters to the fund-raising coup for the re-election effort and the Democratic National Committee (DNC) in a morning email.

"I have some huge news, and I want you to be the first to hear about it," Messina said.

"We not only surpassed 10 million donations so far in 2012 to the campaign and the Democratic Party -- a historic record for grassroots politics.

"We also raised $181 million in September from 1.8 million Americans -- more thadn 567,000 of whom gave for the first time. That's by far our biggest month yet."

Messina said the average donation was $53 and 98 percent of contributions amounted to $250 or less, and also boasted that the Obama political machine was in full swing ahead of the election.

The September figure was just short of the $193 million piled up by Obama and the DNC in the equivalent month of the 2008 election campaign.

Messina said the campaign opened its 100th field offices in both Ohio and Florida last month and last week registered 10,000 voters in Florida in a single day.

In early voting in Iowa, Messina said that 105,000 people had already cast ballots, 62 percent of whom were Democrats.

The release of the fund-raising figure came on the second successive morning of good news for the Obama campaign after the president was comprehensively outfoxed by Romney in the first of three head-to-head debates.

On Friday, new Labor Department data showed that the unemployment rate had dropped to 7.8 percent, the lowest level since the president walked into the Oval Office in January 2009.

Obama seized on the news to rebut Romney's criticisms of his economic strategy and warned that after having come so far, America could not afford to go back to Republican economic policies that had triggered a crisis.

But in his weekly radio address Saturday, Obama acknowledged that too many Americans were "still looking for work or struggling to pay the bills" and urged Congress to act to alleviate their plight.

Romney, banking on a turnaround in the polls after the debate, claimed Friday that the Obama economy was not in a "real recovery."

Source: Agence France Presse


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