September 14th, 2008
10:30 AM ET
10 years ago

Obama campaign confirms they raised $66 million in August

Obama set a new fundraising record in August.

Obama set a new fundraising record in August.

(CNN) - Democratic presidential candidate Barack Obama's campaign raised $66 million in August, the campaign announced Sunday, topping its previous high mark and running well ahead of Obama's Republican rival.

The Obama campaign said more than half a million new donors contributed during the month, when the Illinois senator accepted the Democratic presidential nomination and named Sen. Joseph Biden of Delaware as his running mate. The campaign had more than $77 million cash on hand at the end of August, compared with about $66 million in July.

Obama's previous monthly donation record of $55 million came in February, during his primary battle with New York senator and former first lady Hillary Clinton.

Earlier this month, the campaign of GOP presidential nominee John McCain reported raising $47 million in August. That haul also set a monthly record for the Arizona senator, whose campaign says it received a financial shot in the arm after McCain picked Alaska Gov. Sarah Palin to join the ticket.

McCain has accepted federal matching funds for his general election campaign, giving him $84 million to spend for November. The money comes with strict spending limits, but the Republican National Committee's Victory fund can continue to raise and spend money on his behalf.

Obama has rejected public financing, calling the system "broken" - a decision that frees him to continue raising money for November.

Filed under: Candidate Barack Obama
soundoff (1,007 Responses)
  1. p1tey1

    Every time I get an email asking for money, I send money!!!!!!!

    Enough of the Republican b.s.!!!!!

    Obama/Biden 08!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    September 14, 2008 11:17 am at 11:17 am |
  2. Michigan Voter

    They'll need every penny of it. McCain is leading in just about every poll and is leading on every electoral vote count map. All he has to do is stay the course and it'll be a McCain/ Palin victory in November.

    September 14, 2008 11:17 am at 11:17 am |
  3. common sense

    In 51 days, Obama is president!

    September 14, 2008 11:18 am at 11:18 am |
  4. christian values don't include lies Sarah.

    When you have lobbyists running and funding your campaign, you'll have no choice but to be gratefull to then in the white house.

    Change begins from the bottom up and not after you win elections. McCain is such a hypocrite and think americans are foolish to fall for his lies as they did in 2000 and 2004.

    McCain is a liar!! And his temper = nuclear war

    Doesn't it mean anything to you, America?

    September 14, 2008 11:18 am at 11:18 am |
  5. McCain/Palin


    September 14, 2008 11:18 am at 11:18 am |
  6. dennis from chicago

    money can't buy you LOVE.......EXPERIENCE...GOOD JUDGEMENT OR A VALID BIRTH CERTIFICATE check out for yourself........COMING THIS OCTOBER/

    September 14, 2008 11:19 am at 11:19 am |
  7. emmy

    Too bad Obama could not send some of that money to his half brother in Kenya.

    September 14, 2008 11:19 am at 11:19 am |
  8. Independent_me

    Go Obama!
    I hope he puts this money to good use and hit back hard in his ads.
    McCain has chosen to be dishonorable in his ads, following the Bush/Rove model... The country cannot survive another 4 years of the same old divisive politics!

    September 14, 2008 11:19 am at 11:19 am |
  9. Sam

    Barack Obama & Joe Biden are the best team for this country. It is slowly but surely coming to light the lies that the McCain campaign have resorted to..

    OBAMA/BIDEN 2008!!!!

    September 14, 2008 11:19 am at 11:19 am |
  10. Genesis

    McCain / Palin 08 - Thanks, but no thanks!

    I could of sworn the media reported that the Obama campaign did not make their campain goal.

    McCain and Palin are going to be exposed as the liars they are.

    September 14, 2008 11:19 am at 11:19 am |
  11. Tasleem

    This is what I call the American people hiring the next President of the United States. For the month of September why don't all 2.5 million of us give as much as we can. We are the Board and Obama/Biden are our Executives.

    Sending out a thank you to Americans who what to bring back faith, peace and prosperity,

    instead of religion, war and destruction.

    September 14, 2008 11:19 am at 11:19 am |
  12. Meleon

    I add to the pile every chance I get and it feels wonderful. Being able to give as much or as little as can be afforded, and the conveniance of donating via the web just makes not doing so inexcusable ; it's almost as inexcusable as not voting itself. It's part of the process, and the Obama campaign has led the charge in making this part of that process as easy as getting online even if the pc you use is down at your local library.

    September 14, 2008 11:19 am at 11:19 am |
  13. Ron

    does that mean he can buy the white house? how much money does he figure he'll need? so far all the money he brags about having and spending as got him in a deficit poll. his this going to be a preview of how he will run the country? spend spend spend

    September 14, 2008 11:19 am at 11:19 am |
  14. Anonymous in CO

    I'm one of the people who gave money to Obama last month. He has inspired me with his vision for all Americans - not just the rich and powerful. I was undecided till McCain added Palin to his ticket and I began to do my own research. Palin is all cute and poses very nicely for the cameras but she has no experience to become VP much less one heart beat away from becoming our next president if McCain should win. She's lied about so many things that it makes my head spin. She didn't know what the Bush Doctrine was or what government entitlements are. Her response to Charile Gibson about her national security experience was Russia is Alaska's next door neighbor and you can see it from an island in Alaska. Please people put our country first and vote for actual change.....Obama/Biden.

    September 14, 2008 11:20 am at 11:20 am |
  15. EC

    Yeah, VOTE for McCain and Palin and when your sons and daughters get sent into another WAR not just with Pakistan and Russia AND when your jobs get sent overseas, your mortgage goes into the toilet AND you PAY more taxes then the RICH do, then you can once again sit back and do nothing but COMPLAIN and WHINE and blame everyone else but your sorry self!!

    I mean talk about a bunch of "cattle" being lead by their own stupidity is really mind boggling. I mean these same Republicans have been crying the blues about everything gone wrong in their lives for the past 8 years BUT CONTINUE to vote in the same manner as they did 8 years ago and WONDER why our economy is in the toilets and they are losing their jobs and getting PAID less!!! What a surprise!

    September 14, 2008 11:20 am at 11:20 am |
  16. tim

    Obama's new ad makes fun of Mr. McCain for his war injuries–
    Read the Wall Street Journal article about Obama's "education".


    September 14, 2008 11:21 am at 11:21 am |
  17. PJ, New York Independent

    Let's just see what happens in November Obama bots. All that money didn't do him any good during the primaries when Hillary Clinton kicked the crap out of him. Whether you all want to admit it or not, there are still going to be millions of 'bitter' Clinton supporter's who will back McCain. Not to mention, McCain has DEFINITELY secured his base now. The Republican base will be coming out in droves/car loads. Even with 98% of the blacks voting for Obama (just because he's black I might add) it still won't help him.

    Yes, it will be very interesting to see what happens in November.

    September 14, 2008 11:21 am at 11:21 am |
  18. OWL

    Marge from MN wants to know where Obama's money is coming from. Well, it is coming from people like me. I send him a few dollars every month that I save from my grocery money as an investment in my grandchildren's future. I notice she doesn't ask where McCain's money comes from. That's because we all know he gfets his from oil companies and other lobbyists who own him and the Republican Party.

    Old White Lady for Obama

    September 14, 2008 11:22 am at 11:22 am |
  19. Go Go Go

    Say, I am undecided. And then I hear....Palin for President. I mean Vice President.

    Oh crap, that's scary!!!


    September 14, 2008 11:22 am at 11:22 am |
  20. Women 4 Obama

    Way to go Obama!!! He's the only real hope for America!!!!!

    September 14, 2008 11:22 am at 11:22 am |
  21. mitch

    "Obama does not loose"; that would be lose. Aren't you Obamabots supposed to be educated? Money does not buy an election win. Look how close Clinton was to winning and he was making 3 to 4 times the money that she did. This is a different story so don't get too cocky because the republicans are in this to win!

    September 14, 2008 11:22 am at 11:22 am |
  22. SP Jacob

    With incumbency, unpopular war, bad economy etc. etc. this election was supposed to be a walk in the park for the Dems. But with 227 electoral votes to McCain compared to 207 for Obama, American people are leaning towards McCain. This means either Democratic Party is wrong or their candidate is not suitable. Can any of the NOBama supporter explain this? McCain 2008 and Palin 2012!!!!!!!!

    September 14, 2008 11:22 am at 11:22 am |
  23. Happy in Oregon

    As more people learn about Palin and why she is unfit to lead in any capacity more people will donate to Obama.

    Palin the Puppet is good for one thing at least, helping Obama!

    September 14, 2008 11:22 am at 11:22 am |
  24. judy

    Palin– an opportunist, aggressively vindictive, a pathological liar with no conscience. Very limited education and experience. Her ideas are of the 1960s.

    September 14, 2008 11:22 am at 11:22 am |
  25. Rachielle from VA

    I was one of the donors also. yay. as impressive as that is, it will not win the election for him alone. People have to stop being stupid and open their eyes to the issues and stop voting on vanity and who you'd rather have a frickin beer with.

    I think that a ton of people will eventually see who the better candidate is when the issues are forefront once again. The issues that McPalin are constantly dodging. They will cut taxes...FOR the rich. If you're making over 2million dollars a year, McCain is your guy, but if you're like 95% of the country making under $250k, Obama is your guy. Making the economy a number one priority.

    All these brainwashed, disenfranchised Hillary supporters still pissed off about the outcome of the primaries, and are now running to Palin just because they share the same anatomy are examples of the kind of sheep that stalks America. They must not care about equal pay for equal work. Men make a dollar, women make 77cents. I guess that doesn't matter to them because "Palin is such a firecracker".

    Obama supports a health care system that will STOP Health Care companies from saying NO to people with pre-existing conditions. A pre-existing condition could be acne, diabetes, depression, sinus infections, etc. McCain supports the current health care system, where they make more money and deny more people.


    WAKE UP PEOPLE!!! If you do not support Obama, at LEAST have substantial reasons and do not repeat the lies of the McBush/Palin ticket. We've heard them all, they hold absolutely no water.

    The sad thing is that, McBush is old as dirt, and if he died, we're going to have a completely imcompetent person in office being a puppet for Karl Rove and the rest of the Bush administration. NObody seems to care about that, it's shocking. At least Obama has someone to fall back on. You need a VP to fall back on. What good is a house with no foundation. McBush has no foundation with Palin. She was a gimmicky pick, a strategic pick. They want to win, so they pick someone who appeals to women who don't have a backbone to begin with. All you can say is what the republicans lied to you about by saying "she has more experience". Really? Because they told you she does? How about you do some research for yourselves and factcheck things for yourselves. America is YOUR country, you have a right to learn and find out all you can about every candidate.

    McBush/Palin are disgusting liars and you're falling for it. WAKE UP. OPEN YOUR EYES!

    September 14, 2008 11:22 am at 11:22 am |
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