Obama's July fundraising bodes well for fall race
Democratic presidential candidate Barack Obama raised more than $51 million in July and the Democratic National Committee reported $27.7 million in donations last month.
By Agencies |
CHICAGO: Democratic presidential candidate Barack Obama raised more than $51 million in July and the Democratic National Committee reported $27.7 million in donations last month, putting Obama in a strong position for the fall campaign.
Obama began August with $65.8 million on hand and the DNC had $28.5 million available, according to statements released Saturday.
On Friday, the campaign of Republican candidate John McCain said the presumed Republican nominee had raised $27 million in July, his biggest monthly haul since clinching the party's nomination. McCain's campaign reported having $21 million available to spend.
The RNC said Friday it had brought in nearly $26 million in July and had $75 million on hand to compete with the Democrats. Much of that money has come through fundraisers by President George W. Bush, unpopular nationally but still a potent draw among those who donate to the party.
Obama campaign manager David Plouffe said Saturday that 65,000 new donors contributed to the Obama campaign in July and that more than 2 million had now given Obama money for his presidential bid. The large pool of donors also means a larger number of people to ask for more money in the future.
McCain's campaign said it has logged 600,000 donors.
Obama began August with $65.8 million on hand and the DNC had $28.5 million available, according to statements released Saturday.
On Friday, the campaign of Republican candidate John McCain said the presumed Republican nominee had raised $27 million in July, his biggest monthly haul since clinching the party's nomination. McCain's campaign reported having $21 million available to spend.
The RNC said Friday it had brought in nearly $26 million in July and had $75 million on hand to compete with the Democrats. Much of that money has come through fundraisers by President George W. Bush, unpopular nationally but still a potent draw among those who donate to the party.
Obama campaign manager David Plouffe said Saturday that 65,000 new donors contributed to the Obama campaign in July and that more than 2 million had now given Obama money for his presidential bid. The large pool of donors also means a larger number of people to ask for more money in the future.
McCain's campaign said it has logged 600,000 donors.
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