Obama Campaign Accepting Money Via Text Messages

*President Obama, who seems to always be lagging behind Mitt Romney in raising money for his reelection campaign, is now taking donations via text.

According to the AP, both Obama and Romney as are accepting text contributions as a way to tap small-dollar donors. The Federal Election Commission has given the practice a green light.

To give to Obama, mobile users on most cell carriers can text “GIVE” to 62262 and give up to $50, and the charge will appear on the user’s phone bill.

Campaign manager Jim Messina says text donations will help the campaign engage more grassroots supporters “who want to play a role by donating whatever they can afford to the campaign.”

Supporters can contribute a maximum of $200 via text per election cycle.