View Full Version : Yahoo: 3rd Q fundraising numbers

Bradley in DC
10-01-2007, 03:45 PM
[they got Dr. Paul's part right!]

Obama Campaign Raises $20 Million in Third Quarter
Kristin Jensen and Jonathan D. Salant 2 hours, 19 minutes ago
Oct. 1 (Bloomberg) -- Democratic presidential candidate Barack Obama raised about $20 million in the last three months, a decline from each of the first two quarters of this year.

The Illinois senator can spend at least $19 million of that sum in the primary campaign with the other $1 million available for the general election if he wins the nomination and declines federal funding. The third-quarter numbers bring Obama's total for the primaries to at least $74.9 million, his campaign said.

New York Senator Hillary Clinton, the frontrunner for the Democratic nomination, has yet to release her numbers. Campaign officials and fund-raisers say she probably will raise between $17 million and $20 million. Former North Carolina Senator John Edwards, the third-place contender, raised about $7 million.

Obama, 46, had raised $33.1 million between April and June, including $31 million for the primaries, a record for a Democratic presidential candidate. Campaign fund-raising traditionally drops off in the third quarter, as would-be donors take summer vacations.

Still, the campaign pointed to the more than 350,000 people who contributed to Obama this year, including 93,000 new donors in the last three months, about 60,000 less than in the previous three months.

`Hungry for Change'

``Americans hungry for change know that Barack Obama is the candidate with the right experience to make that change happen,'' Penny Pritzker, Obama's national finance chairwoman, said in a statement. ``Thanks to this unprecedented grassroots support, the Obama campaign will have the resources we need to win the nomination and the White House.''

Clinton received $53 million in the first half. Obama took in almost $59 million. Both candidates are raising money for the general election in addition to the primaries.

Obama is running behind Clinton in national and most state polls, though a Sept. 27 Newsweek poll in Iowa shows him leading Clinton 28 percent to 24 percent among likely Democratic caucus- goers. Edwards follows with 22 percent. The telephone poll of 1,215 Iowa voters has a margin of error of 3 percentage points.

New Mexico Governor Bill Richardson, in fourth place in most national polls of Democratic voters, raised about $5.2 million in the period, down from $7 million the previous quarter, his campaign said. ``This figure obviously separates us from the second-tier candidates and makes clear this is a four-person race,'' spokesman Tom Reynolds said in a statement.

Thompson Raises $8 Million

On the Republican side, former Tennessee Senator Fred Thompson, who formally entered the race for the Republican presidential nomination last month, raised more than $8 million for his campaign in the third quarter.

Campaign spokeswoman Karen Hanretty declined to provide an exact total today. The third-quarter reports are due Oct. 15 at the U.S. Federal Election Commission.

The quarter represents a major test for Thompson's bid to compete with other top Republican candidates, including former New York Mayor Rudy Giuliani, Arizona Senator John McCain and ex- Massachusetts Governor Mitt Romney. Romney and Giuliani both raised more than $33 million in the first half, while McCain lagged behind with about $25 million.

Thompson ``has much greater fund-raising pressure on him,'' said campaign finance expert Anthony Corrado, a government professor at Colby College in Waterville, Maine. ``He has to raise a significant amount of cash in a very short time if he's going to have the $10 million to $15 million in excess funds for a final media push in the early states.''

None of the other leading Republicans have released their totals for the third quarter. The Washington Post reported that Romney raised about $10 million, citing aides. Romney spokesman Kevin Madden today said the figures aren't available.

Texas Representative Ron Paul, who raised the most money among the second-tier Republicans in the second quarter, said he took in $1 million online in the last week after initially setting a goal of $500,000. Paul raised about $2.4 million in the second quarter.

To contact the reporters on this story: Kristin Jensen in Washington at kjensen@bloomberg.net ; Jonathan D. Salant in Washington at jsalant@bloomberg.net

10-01-2007, 03:47 PM
im stupid....nevermind my comment i read second as 3rd

10-01-2007, 03:48 PM
I knew this 3 hours ago - No cash on hand - No 3rd qrt TOTALS>>>>>ARRRGHHH!