September 29th, 2007
08:10 AM ET
7 years ago

Clinton and Obama to raise in the $20 million neighborhood

Sens. Obama and Clinton will raise comparable amounts during the third quarter of this year.

WASHINGTON (CNN) - Fundraising dropped off dramatically for the two leading contenders for the Democratic presidential nomination, but Sen. Hillary Clinton and Sen. Barack Obama will still report raising in the neighborhood of $20 million each over this three month time period, sources close to both candidates tell CNN.

Clinton will show she has pulled in between $17-$20 million, while Obama will report he raised between $18-$19 million. Fundraising is historically slow in the third quarter, which covers the final two months of summer and the first month of fall. In the second quarter, Obama shattered fundraising records by reporting that he raised $32.5 million, $31 million of which he could use in his bid for the Democratic nomination. Clinton raised $27 million during this same time period, and all but $6 million of it could be used in the primary.

There are still three days remaining for candidates to raise money for this fundraising period.

On the Republican side, Arizona Sen. John McCain is expected to show he raised more than $5 million this quarter, but a McCain advisor noted that his recent poll numbers in New Hampshire and a busy fundraising schedule next month shows that they “have some life.” Sources close to former New York City Mayor Rudy Giuliani suggest that he will lead the GOP pack in fundraising this quarter, but would not reveal their fundraising totals.

– CNN National Correspondent John King

soundoff (33 Responses)
  1. James, Phoenix AZ

    I am sending as much money as possible to the Democratic candidates. Someone has to save America by deposing Emperor Bush and his gang of war criminals.

    Posted By James, Phoenix AZ : September 29, 2007 9:42 am

    - – - – - -

    Typical liberal – attempting to impersonate an establish conservative and make silly statements.

    Keep it going "James in Phoenix" impersonater. Nothing is more flattering than realizing you couldn't debate with me directly on the logic, facts and reason. Instead you resort to such sophomoric behavior.

    September 29, 2007 01:49 pm at 1:49 pm |
  2. Neal, America-American

    I didn't approve of Hillary's or Bill’s premature attack on Obama's lack of experience to become President of the USA. Well, thus far, Bush has proved one thing that deserves my respect and gives me great comfort to know this and that is, he has proved that anyone without mastery of the English language, or a fool who possess below average mental capacity can become president of the USA-thus proving qualifications is a bunch of non-sense. He's the only president that has proven this thus far, and all mindless American should feel hopeful! B/c of this, G.Walker Bush, has my respect!

    September 29, 2007 02:26 pm at 2:26 pm |
  3. Steve, Sumter SC

    This is what is wrong with politics. Are any promises attached to this all of this money? There are strong leadership amongst who could be 100 times an effective President than these guys. The cost of running eliminates a lot of good people!

    September 29, 2007 03:06 pm at 3:06 pm |
  4. Steve, Sumter SC

    Sorry about the bad grammar. I am trying to say there is strong and great leadership amongst us who could never run for national office because of the expense.

    September 29, 2007 03:11 pm at 3:11 pm |
  5. Damien D.

    Quote of the week: "Obama shattered fundraising records by reporting that he raised $32.5 million, $31 million of which he could use in his bid for the Democratic nomination. Clinton raised $27 million during this same time period, and all but $6 million of it could be used in the primary."

    So what you are telling us is that Obama raised $31 million for the primary and Clinton raised $21 million for the primary. Why not say it like that instead of making it sound like they were neck and neck?

    The answer to that is easy enough, isn't it.

    September 30, 2007 05:44 pm at 5:44 pm |
  6. Brian Larsen, New York

    Hillary's run a good campaign (well, not really), but it's time to drop out of the race. Senator Obama's momentum is far too powerful for her to overcome, and no media distortion is going to slow him down. 25,000 people in New York. 500,000+ donations from 350,000+ individual donors. Barack is winning among eligible, likely voters in Iowa. He even has more votes among Republicans than John McCain! Those are the statistics that matter. Hillary won't even carry her adoptive "home state" of New York. We know better than to vote for her!

    September 30, 2007 08:21 pm at 8:21 pm |
  7. Chris, FL

    The only reason Clintons poll numbers are higher is because those who created the poll skew the numbers. If you guys really think it's all free and fair, then they've won the game and got you to believe.

    My hope is that our elections are free and fair. It's obvious polls are biased, let's just hope that our elections aren't rigged. My heart would break.

    October 1, 2007 08:42 am at 8:42 am |
  8. Mark, Shreveport, LA

    Always remember: it's not what ideas the candidates have; it's how much money they raise. That's what the media keeps telling us!

    October 1, 2007 09:04 am at 9:04 am |
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