Register for E-mail alerts. Comment on articles. Sign up today, it's easy.
Close
The Washington Times Online Edition

Obama maintains funding edge

Barack ObamaBarack Obama

CHICAGO | Sen. Barack Obama announced Saturday he had raised more than $51 million in July for his presidential run, nearly double his opponent’s fundraising haul.

The sum was aided by a donor contest in which 10 contributors were chosen to go “backstage,” along with several big-dollar fundraisers, for the Illinois Democrat’s Denver convention speech.

The campaign said that more than 65,000 new donors gave during the month.

Mr. Obama now has $65.8 million in the bank, all of which he can spend through the Nov. 4 election.

Republican rival Sen. John McCain of Arizona raised $27 million in July and has $21 million in the bank. He has to spend that money quickly because he is accepting federal public financing for the general election, while Mr. Obama is not. The McCain campaign said it has received money from 600,000 donors — fewer than one-third the number of people the Obama team has.

“The 65,000 new donors to the Obama campaign demonstrate just how strongly the American people are looking to fundamentally change business as usual in Washington,” Obama campaign manager David Plouffe said.

“We are proud of the millions of volunteers and more than 2 million donors to the Obama campaign, who will provide the backbone of our campaign to put America back on track and reject the old politics and failed Bush policies, which is all John McCain is offering.”

Mr. Obama and Mr. McCain met on a stage for the first time since becoming their parties’ presumptive nominees — for a Saturday night religion forum in Lake Forest, Calif., hosted by evangelical pastor Rick Warren.

The Democratic National Committee also announced its July fundraising totals and said it had outraised the Republican National Committee for the first time in almost four years.

The DNC raised $27.7 million in July and has $28.5 million in the bank. The RNC collected $26 million in July and now has $75 million on hand.

The Obama campaign also announced that Mr. Obama and former Virginia Gov. Mark Warner will hold an invitation-only town-hall meeting Wednesday in Martinsville, Va., near the North Carolina state line, to meet with workers on jobs and trade policies.

Comments
blog comments powered by Disqus
About the Author

Christina Bellantoni

Christina Bellantoni is a White House correspondent for The Washington Times in Washington, D.C., a post she took after covering the 2008 Democratic presidential campaigns. She has been with The Times since 2003, covering state and Congressional politics before moving to national political beat for the 2008 campaign. Bellantoni, a San Jose native, graduated from UC Berkeley with ...
You Might Also Like
  • President Barack Obama exits Air Force One after landing at Andrews Air Force Base, Md., Saturday, Feb. 18, 2012. (AP Photo/Cliff Owen)

    Obama stays on ‘message,’ gets boost in ratings amid GOP strife

    By Dave Boyer and Susan Crabtree - The Washington Times

  • Mitt Romney is among a pack of repeat Republican presidential contenders in the past 50 years. The former Massachusetts governor speaks to a crowd gathered Friday at Guerdon Enterprises in Boise, Idaho. (Associated Press_

    Romney shows trouble keeping supporters from 2008

    By Stephen Dinan - The Washington Times

  • ** FILE ** Republican presidential candidate Newt Gingrich speaks during a news conference on Saturday, Feb. 4, 2012, in Las Vegas. (AP Photo/Evan Vucci)

    Questions surface on Gingrich campaign travel payments

    By Luke Rosiak - The Washington Times

  • Happening Now

          Independent voices from the TWT Communities