Clinton Camp Reports Record Fundraising
Senator's Aides Say Clinton Raised $26 Million In The First Quarter
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Play CBS Video Video Cash Lines Path To White House Sen. Hillary Rodham Clinton, D-N.Y., has hit a major fundraising milestone. Are any of her opponents ready to fold? Joie Chen reports.
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Video Hillary's Biggest Asset: Bill Former President Bill Clinton has been raising impressive sums of money for his wife's campaign for the White House. As Sharyn Alfonsi reports, this has caused resentment in the other campaigns.
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Video Hillary Raises Record Funds Record numbers raised by Democatic presidential candidate Sen. Hillary Clinton could make the '08 election the most expensive race ever. Joie Chen reports.
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Sen. Hillary Clinton addresses the National Education Association New Hampshire delegation during a campaign stop in Concord, N.H., Friday, March 30, 2007. (AP)
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Who's Who 2008 Democratic Hopefuls Clinton, Obama and Edwards lead the chase for the Democratic nomination.
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Who's Who 2008 Republican Hopefuls McCain and Giuliani head up the Republican pack chasing the presidency.
The New York senator's total included $4.2 million raised through the Internet. The campaign did not specify how much of the $36 million was available only for the primary election and how much could be used just in the general election, if she were the party's nominee.
The amount outdistanced past presidential election records and set a high bar by which to measure the fundraising abilities of her chief rivals.
The fundraising deadline for the January through March period was Saturday, with financial reports due April 15.
Former Senator John Edwards reported his initial campaign cash drive at $14 million. That's double what the North Carolina Democrat raised in the same time period in his last run for the White House.
Experts have predicted this will be the first $1 billion presidential contest, reports CBS News correspondent Joie Chen. Outrageous as it sounds, it looks like they're right.
Nineteen moths ahead of election day, candidates aren't just running for president, adds Chen. They are running for the money.
Clinton, for example, hit three fundraisers in the 24 hours before Saturday's midnight deadline. Former New York Mayor Rudy Giuliani pressed donor flesh just about every day for the last two weeks.
Republican Phil Gramm of Texas and Democrat Al Gore of Tennessee hold the high-water mark for first quarter receipts: $8.7 million for Gramm in 1995 and $8.9 million for Gore in 1995. Gramm dropped out before New Hampshire held that election's first primary.
Clinton's campaign manager, Patty Solis Doyle, told reporters she was "completely overwhelmed and grateful" by the support.
By not breaking down the amount available for the primaries, the Clinton camp made it impossible to make clear comparisons to past campaigns.Read: Clinton's Fundraising Ace In The Hole
Most of the top tier candidates in the Republican and Democratic fields for 2008 are raising money for the primaries and the general election. The general election money can only be spent if the candidate wins the nomination.
Sen. Barack Obama, D-Ill., also has raised money aggressively and aides said he had more than 83,000 donors. Clinton's supporters had fretted in recent weeks that Obama could surpass her in fundraising.
Obama, in an interview with The Associated Press on Sunday, was coy.
"I think we'll do well," Obama said. "I think that we should meet people's expectations, more importantly I think we will have raised enough money to make sure we can compete for the next quarter and beyond. I think we'll do pretty well."
No Republican presidential candidates had released fundraising totals on Sunday.
For the first time since the post-Watergate era changes to campaign finance laws, candidates are considering bypassing both the primary and the general election public financing system for presidential races. Several of the top candidates are raising both primary and general election money, artificially inflating their receipts.
Candidates cannot touch their general election money and must return it to donors if they do not win the nomination.
The Federal Election Commission ruled recently that candidates could also collect general election money now and still accept public financing later, provided they returned the money they raised. The opinion came at the request of Obama, who then said he would finance his general election campaign if his Republican rival did as well.
Sen. John McCain, R-Ariz., issued a similar challenge.
The first quarter totals are one gauge of a campaign's strength. Compared with previous elections, attention to fundraising during the first three months of this year has been especially acute because the leading candidates have decided to forgo public financing for the primaries.
© MMVII, CBS Interactive Inc. All Rights Reserved. This material may not be published, broadcast, rewritten, or redistributed. The Associated Press contributed to this report.
Read: Clinton's Fundraising Ace In The Hole
Michelle Obama tells how her role as the First Lady has changed her perspective.





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See all 75 CommentsVoted YES on reducing oil usage by 40% by 2025 (instead of 5%). (Jun 2005)
Voted YES on banning drilling in the Arctic National Wildlife Refuge. (Mar 2005)
Voted NO on Bush Administration Energy Policy. (Jul 2003)
Voted YES on targeting 100,000 hydrogen-powered vehicles by 2010. (Jun 2003)
Voted YES on removing consideration of drilling ANWR from budget bill. (Mar 2003)
Voted NO on drilling ANWR on national security grounds. (Apr 2002)
Voted NO on terminating CAFE standards within 15 months. (Mar 2002)
Voted YES on including oil & gas smokestacks in mercury regulations. (Sep 2005)
Voted NO on confirming Gale Norton as Secretary of Interior. (Jan 2001)
Voted YES on free trade agreement with Oman. (Jun 2006)
Voted NO on implementing CAFTA for Central America free-trade. (Jul 2005)
Voted YES on establishing free trade between US & Singapore. (Jul 2003)
Voted YES on establishing free trade between the US and Chile. (Jul 2003)
Voted NO on extending free trade to Andean nations. (May 2002)
Voted YES on granting normal trade relations status to Vietnam. (Oct 2001)
Voted YES on removing common goods from national security export rules. (Sep 2001)
Voted NO on allowing some lobbyist gifts to Congress. (Mar 2006)
More?
Posted by billysmith6 at 06:41 AM : Apr 02, 2007
Voted YES on $100M to reduce teen pregnancy by education & contraceptives. (Mar 2005)
Voted NO on criminal penalty for harming unborn fetus during other crime. (Mar 2004)
Voted NO on banning partial birth abortions except for maternal life. (Mar 2003)
Voted NO on recommending Constitutional ban on flag desecration. (Jun 2006)
Voted NO on constitutional ban of same-*** marriage. (Jun 2006)
Voted YES on adding sexual orientation to definition of hate crimes. (Jun 2002)
Voted YES on loosening restrictions on cell phone wiretapping. (Oct 2001)
Voted YES on repealing tax subsidy for companies which move US jobs offshore. (Mar 2005)
Voted YES on restricting rules on personal bankruptcy. (Jul 2001)
Voted YES on $52M for "21st century community learning centers". (Oct 2005)
Voted YES on $5B for grants to local educational agencies. (Oct 2005)
Voted YES on shifting $11B from corporate tax loopholes to education. (Mar 2005)
Voted YES on funding smaller classes instead of private tutors. (May 2001)
Voted YES on funding student testing instead of private tutors. (May 2001)
Voted YES on spending $448B of tax cut on education & debt reduction. (Apr 2001)
Rated 82% by the NEA, indicating pro-public education votes. (Dec 2003)
Voted YES on disallowing an oil leasing program in Alaska's AMWR. (Nov 2005)
Looks to me like she's done plenty. And there's more if you'd like.
Whoever pointed out about the spelling, you are A one correct in your point. I can't read this phonetic *** because it doesn't make any sense.
We need to save the english language.
Oh yeah, Hillary go back to Illinois or don't they want you either. It is way too soon to talk about the Presidential election, its how many months away...Hillary who????
forthepeople - I can understand why you are so upset with the use of your tax dollars. They apparently were wasted on your English education. At least use a spell checker. That would catch a lot of your problems.
listting - listening
sence - since
comming - coming
exectly - exactly
than - wrong word should be "then"
dont - don't
cheatted - cheated
papers - paper
Don't count on the Democrats or Republicans to change anything.
Posted by GunOwnerDan
How then do you suggest that campaign finance reform be accomplished then? Congress has to write the law and the president has to sign it into law.
Don't count on the Democrats or Republicans to change anything.
I HOPE EVERY AMERICAN DOES EXECTLY WHAT I STATED HERE, GET THE WORD OUT.
THIS GOVERNMENT IS AND WILL NOT HELP THE AVERAGE AMERICAN SO EVERYONE BETTER WAKE UP AND TAKE CONTROL OF OUR GOVERNMENT NOW BEFORE ITS TO LATE.
IF YOU SIT BACK AND DO NOTHING, THAN DONT SAY A WORD, THIS IS TO GET OUR COUNTRY BACK.
THIS GOVERNMENT HAS LIED,CHEATTED YOU, AND WILL NOT FOLLOW THE LAWS OF THIS COUNTRY, SO WHY SHOULD WE..
SO GO AHEAD DO WHAT YOU WANT TO DO TREAT EVERYDAY LIKE THEY DO WITH NO RESPECT TO THE LAWS AND OUR CONSTITUTION OR BILL OF RIGHTS, SO GO AHEAD HAVE FUN LIKE THEY DO ALL IN WASHINGTON.... THIS IS WHAT YOU CAN TELL THE PRESIDENT FOR ME. DAVID A BELANGER,FOR-AMERICA@HOTMAIL.COM. GO AHEAD PRINT THIS IN EVERY PAPERS
What our votes mean ^ ^ ^ ^ ^ ^
Trust me, it's not just the Repugnants who have problems with Hillary(thier problems are primarily with her husband and the host of vince foster/travel
office/whitewater fantasies that they cling to).
The hordes of Democrats like myself who are far less than 100% behind her see a problematic tendency in her. She's primarily an opportunistic political animal who tends to wet her finger and hold it to the wind before taking a side on an issue. That's not leadership and it's not the kind of character we need to guide us out of this morass.
A person of character would've left Bill's sorry butt on the curb after leaving the White House. She won't because even though he's a lousy husband
he's a great funraiser who owes her. She can also ride the coat tails of his accomplishments. Rwmwmbwe how her 1 assignment with healthcare turned out?
Her campaighn slogan should be" I screwed up healthcare before, trust me to get it right this time." Don't believe the hype.
That said, if she wins the nomination I would vote for her over any of the GOP idiots. I just hope I don't have to.
The sheep will follow!!!
Posted by GunOwnerDan
Absolutely agree.
The sheep will follow!!!
"Leave no millionaire behind"
OOOPS, that's right, George Soros is a billionaire
"Leave no billionaire behind"
Ok, you go first. Just stop paying federal taxes! I hope they let you have email in prison!
I HOPE EVERY AMERICAN DOES EXECTLY WHAT I STATED HERE, GET THE WORD OUT.
THIS GOVERNMENT IS AND WILL NOT HELP THE AVERAGE AMERICAN SO EVERYONE BETTER WAKE UP AND TAKE CONTROL OF OUR GOVERNMENT NOW BEFORE ITS TO LATE.
IF YOU SIT BACK AND DO NOTHING, THAN DONT SAY A WORD, THIS IS TO GET OUR COUNTRY BACK.
THIS GOVERNMENT HAS LIED,CHEATTED YOU, AND WILL NOT FOLLOW THE LAWS OF THIS COUNTRY, SO WHY SHOULD WE..
SO GO AHEAD DO WHAT YOU WANT TO DO TREAT EVERYDAY LIKE THEY DO WITH NO RESPECT TO THE LAWS AND OUR CONSTITUTION OR BILL OF RIGHTS, SO GO AHEAD HAVE FUN LIKE THEY DO ALL IN WASHINGTON....
What our votes mean^^^^^^^^^^^^^^^^^^^^^^^^^^
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