February 11, 2009 4:37 PM
- Text
Obama Campaign Pulls In Big Money
(CBS/AP)
Sen. Barack Obama has outdone fellow Democrat and chief rival Sen. Hillary Rodham Clinton in quarterly campaign fundraising for the 2008 presidential election.
The first-term senator surpassed the former first lady by $10 million in second-quarter contributions that can be spent on the Democratic presidential primary contest.
Obama's campaign on Sunday reported raising at least $31 million for the primary contest and an extra $1.5 million for the general election from April through June, a record for a Democratic candidate.
Clinton's campaign announced late Sunday that she had raised $21 million for the primary. With general election contributions added, aides said her total sum would be "in the range" of $27 million. Candidates can only use general election money if they win their party's nomination.
Asked if Obama's fundraising made him uneasy, Clinton campaign chairman Terry McAuliffe told CBS's The Early Show Monday, "You're always nervous in these campaigns.
"What's clear is both candidates will have all the money they need in order to run an effective race," he said.
The whopping amount for Obama, who hopes to become America's first black president, ensures his place as a top contender for the Democratic nomination. It steals the spotlight from Clinton, who hopes to be the first woman president. And it establishes the two of them as the fundraising juggernauts of the entire presidential field.
For Obama, vaulting ahead of Clinton in the money race is an important achievement. Despite broad public interest in Obama's candidacy, he trails Clinton in national polls.
Counting this quarter's surge of donors, Obama has received donations from more than 258,000 donors through the first half of the year, an extraordinary figure at this stage of the campaign. He raised $25.7 million in the first three months of the year.
Meanwhile, Democrat John Edwards raised more than $9 million from April through June and relied on nearly 100,000 donors during the first half of the year.
The campaign has said it is on track to raise $40 million by the Iowa caucuses in January.
New Mexico Gov. Bill Richardson was at Edward's heels, with his campaign reporting more than $7 million raised. But Edwards' six-month total was $23 million, compared with more than $13 million for Richardson.
The figures that some campaigns released Sunday are estimates. Details of how much the campaigns raised and spent in the latest period will not be available until the candidates file financial reports with the Federal Election Commission by July 15.
While several Democrats revealed their total sums, Republicans were not expected to announce their figures until Monday or later in the week.
The first-term senator surpassed the former first lady by $10 million in second-quarter contributions that can be spent on the Democratic presidential primary contest.
Obama's campaign on Sunday reported raising at least $31 million for the primary contest and an extra $1.5 million for the general election from April through June, a record for a Democratic candidate.
Clinton's campaign announced late Sunday that she had raised $21 million for the primary. With general election contributions added, aides said her total sum would be "in the range" of $27 million. Candidates can only use general election money if they win their party's nomination.
Asked if Obama's fundraising made him uneasy, Clinton campaign chairman Terry McAuliffe told CBS's The Early Show Monday, "You're always nervous in these campaigns.
"What's clear is both candidates will have all the money they need in order to run an effective race," he said.
The whopping amount for Obama, who hopes to become America's first black president, ensures his place as a top contender for the Democratic nomination. It steals the spotlight from Clinton, who hopes to be the first woman president. And it establishes the two of them as the fundraising juggernauts of the entire presidential field.
For Obama, vaulting ahead of Clinton in the money race is an important achievement. Despite broad public interest in Obama's candidacy, he trails Clinton in national polls.
Counting this quarter's surge of donors, Obama has received donations from more than 258,000 donors through the first half of the year, an extraordinary figure at this stage of the campaign. He raised $25.7 million in the first three months of the year.
Meanwhile, Democrat John Edwards raised more than $9 million from April through June and relied on nearly 100,000 donors during the first half of the year.
The campaign has said it is on track to raise $40 million by the Iowa caucuses in January.
New Mexico Gov. Bill Richardson was at Edward's heels, with his campaign reporting more than $7 million raised. But Edwards' six-month total was $23 million, compared with more than $13 million for Richardson.
The figures that some campaigns released Sunday are estimates. Details of how much the campaigns raised and spent in the latest period will not be available until the candidates file financial reports with the Federal Election Commission by July 15.
While several Democrats revealed their total sums, Republicans were not expected to announce their figures until Monday or later in the week.
Popular Now in Politics
- Timothy Dolan: Birth control tweak a "first step"
- Archbishop Dolan urges Obama to back down on birth control
- CPAC: Santorum rips Romney, rouses conservatives
- After uproar, Obama tweaks birth control rule
- Santorum: Women could bring "emotions" to combat
- STOCK Act passes in House
- Ann Coulter riles up the CPAC crowd
- Obama to announce revamp of birth control policy
- Romney takes on hecklers at Maine town hall
- Santorum's big benefactor
- CPAC: Will Sarah Palin spring a surprise?
- Former Giffords aide to run for her House seat
- CPAC: Huckabee "thanks" Obama for birth control firestorm
- Romney says his conservatism will shine
- Report: Chicago cardinal joins contraceptives fight
- Occupy protestors kicked out of CPAC
- Is Rick Santorum conservatives' last, best hope?
Latest CBS News Headlines
on Facebook
on CBS News
- How Jason Wu picks models, tweaks looks for runway
- Libertine Fashion Week show big on embellishment
- Libertine Fashion Week show big on embellishment
- Huge art work honoring Havel on display in Prague
on Facebook
- Adele sings a cappella for Anderson Cooper
- Adele sings a cappella for Anderson Cooper
- Beyonce and Jay-Z post first photos of Blue Ivy Carter
on CBS News





