Obama Ramps Up Fundraising in March

NEW YORK ( TheStreet) -- President Barack Obama ramped up fundraising last month with March's total topping February's haul by nearly 18%.

Obama, the Democratic Party and two other campaign funds raised $53 million in March, the president's campaign announced Monday in a YouTube video .

The amount outweighed the $45 million raised in February and grew his Election 2012 total to some $350 million.

"This really is how this works, people building this organization $5 and $10 at a time to take on Mitt Romney," campaign manager Jim Messina said in the video.

The video appealed to potential supporters who could commit small amounts of cash to Obama's funds -- it noted that 97% of March donations were $250 or less -- as the campaign stuck to a grassroots message.

-- Written by Joe Deaux in New York.

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