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(Image from article: "Democratic Party fundraising slumps in August")

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Obama campaign seeks to raise $60 mln in 4th quarter

President Barack Obama's campaign set a goal of raising $60 million in the fourth quarter of the year to benefit the Democratic incumbent's re-election and the Democratic National Committee, a campaign official said on Saturday.

Democratic Party fundraising slumps in August

The Democratic National Committee raised about $5.5 million in August, its worst fundraising month of the year, down from $6.7 million in July, according to figures provided by Democratic officials on Saturday and Federal Election Commission filings.

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