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April 03, 2008

Obama Does It Again: $40 Million In March

Barack Obama raised over $40 million in campaign contributions in March.The $40 million came from over 442,000 contributors, making an average donation of $96 dollars.

Although less than the $55 million in February, $45 million raised online, Sen. Obama still has Sen. Clinton beat when it comes to fundraising. Clinton's campaign will not release official March fundraising figures until April 20, but a source has reported that Sen. Clinton generated $20 million in donations.   At the end of February, Clinton owed $8.7 million to several campaign sources, and came into March with $11.8 million to spend in the primary compared to Sen. Obama's starting amount of $30.5 million.

Barack Obama lost steam in March due to two primary losses to Clinton, but has recently earned prominent endorsements from several public figures including New Mexico Gov. Bill Richardson, Pennsylvania Sen. Bob Casey, and most recently Lee Hamilton, a former Indiana congressman and U.S. authority on foreign relations and national security.

David Plouffe, Sen. Obama's campaign Manager stated:

"Many of our contributors are volunteering for the campaign, making our campaign the largest grass-roots army in recent political history"

Howard Wolfsen, Sen. Clinton communications director, was not worried, saying the Sen. Obama has outraised their campaign before.  Pointing to Clinton's online base of support, Mr. Wolfson said Sen. Clinton raised almost $1 million from online fundraising on March 31st, and that she will have the funding she needs to continue in the Presidential race.

Posted by Buzz Webster at April 3, 2008 05:41 PM | Permalink | Comments (0)

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