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Obama gives first donation to his own campaign

ByABC News
July 31, 2012, 12:44 PM

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Five grand. That's how much President Barack Obama gave to his own campaign on Monday — his first donation to his reelection effort. And with Team Romney now romping over Team Obama in the fundraising department, the president is asking his supporters (again) to open their wallets.

"Yesterday, I made my first donation to support this campaign," Obama said in a email solicitation. "On its own, what I gave won't be enough to surmount the unprecedented fundraising we've seen on the other side, both from our opponent's campaign and from the outside groups and special interests supporting him."

"But we have always believed that there's nothing we can't do when we all pitch in. That includes me," the president continued. "Today, on one of the most important deadlines we've had yet, I'm asking you to do the same."

The donation figure, disclosed by a campaign aide, is the maximum an individual can give to a campaign under federal law.