President Barack Obama racked in $29.1 million for his re-election campaign and the Democratic Party in January, raising his total for this election cycle to nearly $250 million.

The amount announced Friday, indicates that he has picked up the pace from his $23 million-a-month average of the final three months of last year

The Obama Victory Fund, a joint venture of his campaign and the Democratic National Committee, raised $13.4 million. Separately, the Obama campaign raised $9.3 million, the DNC raised $6.1 million and an Obama swing state fund raised $384,000, according to financial reports and Obama campaign officials.

That fundraising concluded prior to the campaign’s announcement this month that, in a reversal, Obama would embrace the big big-money fundraising groups he once criticized and allow them to help in his re-election. Those super PACs, financed with large donations from a small group of individuals, have been prominent in the Republican presidential primary and are also poised to spend millions in the general election contest.

Friday’s filings underscored the national infrastructure that Obama’s campaign had in place by the end of key primary elections for his GOP opponents last month, having spent cash nationally for office space, staff salaries and political strategists.

Presidential candidates are required to submit January fundraising reports to the Federal Election Commission by Monday.

Obama said the last three years had given him optimism. Obama said,”We’ve got really good people and we have to ensure we have a government that is reflective of that core decency. That’s what we’re fighting for, and that’s what this is all about.”
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