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. Listen Up...

    Palin has energized the Dem base against more of the same!

    September 14, 2008 11:33 am at 11:33 am |
  2. Hypocrits for Obama

    People are praying that Obama wins.... wow guilty of believing in God's will- just like Palin?

    Funny how the same comments are viewed SO differently when they come from the Obama side.

    September 14, 2008 11:33 am at 11:33 am |
  3. Greg

    Patricia Scott, if Obama wins, it will only serve as proof that either there is no God or that He hates America and wants the great experiment to end.

    Why does it take so much money to sell socialism?

    September 14, 2008 11:33 am at 11:33 am |
  4. priya

    hey whats up i am just kidde i am 11. doi!

    September 14, 2008 11:34 am at 11:34 am |
  5. Lisa

    We need buttons that say:


    that says it all..OBama is right! We have had ENOUGH of swiftboat tactics, McCain's lies, Palin's crazy talk, Bush's policies. No way. No how. No more. ENOUGH is Enough

    September 14, 2008 11:34 am at 11:34 am |
  6. Shawn

    That's right Democrats....take more in just so you can spend more, cuz that's always going to get you the results...just keep spending more.
    Are you sure he didn't raise 66.6 million?...would have been more fitting.

    September 14, 2008 11:34 am at 11:34 am |
  7. Philrick

    I've donated money on four separate occasions to the Obama campaign, and plan on donating more....................

    September 14, 2008 11:34 am at 11:34 am |
  8. George

    I'm supporting Obama but this lead by McCain scares me big time.... how is it that the majority of Americans don't see the real issues? Are we doomed as a country because I'm starting feel like we are paralleling the last days of Rome.

    Watch out though, if they do get Bin Laden before November 4th then it is very possible the Republicans will win again despite how much damage they have done to our country.

    I can't blame Bush, we as a country elected him, either from our lack of caring to vote or voting for him directly... we reap what we soe.

    September 14, 2008 11:34 am at 11:34 am |
  9. Christine MI

    I really pray we don't get another Bush term....what I do see is a nation of bigots. I'm am a white women who has lost friends over this. My ex friends only reason for not voting for Obama is that he is black. I hope America proves me wrong.

    September 14, 2008 11:34 am at 11:34 am |
  10. Garrett

    It's a shame that we have to spend so much money so that Barack Obama can defend himself by the outright lies from the McCain campaign. McCain promised that he would run an honorable campaign.. what a joke. I used to like McCain, but all the reasons for admiring him have disappeared.

    We can do better than this America. And if we can't, we deserve what we get.

    September 14, 2008 11:35 am at 11:35 am |
  11. Herb Kellum

    It will make do difference how many people contribute. The Obamas still rely on the false hope that new and young voters are going to show up. They will not. The great McCain-Palin presidency is inevitable.

    September 14, 2008 11:35 am at 11:35 am |
  12. Zion

    McCarthy, are you serious trying to play the sexism card. Uhh, Palin is voiceless in this campaign because she is not allowed to voice any views counter those of McCain. For example, Palin is anti-stem cell research, but the McCain camp told her to quiet down on that view because she wouldn't be viewed as a Maverick. McCain has opposed the following bills that affects women:

    Opposed Equal Pay Bill for Women
    The Family and Medical Leave Act
    Opposed spending $100 million to prevent unintended and teen pregnancies
    Opposed Title X, the nation's family planning program
    Fight and Prevent Domestic Violence Act

    No wonder men stay in charge if women are dumb enough to vote McCain.

    September 14, 2008 11:35 am at 11:35 am |
  13. Faye

    Have any of the Obama supporters asked themselves why are the polls almost split between their candidate and McCain and yet Obama continues to receive record donations each month?

    Remember....amount of money does not elect a candidate. If that were true...Steve Forbes and Mitt Romney would not have had to quit the presidential race.

    Which leads one to believe people can donate, from the US and elsewhere, but the great one isn't getting much bang for the buck when you analyze the amount of money his campaign is spending of ads and staff.

    That is a serious problem for the Democrats and why they are in panic operation mode.

    September 14, 2008 11:36 am at 11:36 am |
  14. Moderate mom

    To "a house divided"

    You are right - most Americans are in the center. That's why they will see through the nasty, radical right-wing politics of Sarah Palin, which John McCain has now embraced. I might have supported McCain if he had chosen a moderate or even slightly conservative running mate. If you think Sarah Palin is in the "center," you're crazy.

    My prayer is that most Americans will see the McCain-Palin agenda for what it is - four more years of failed policies...or worse.

    September 14, 2008 11:36 am at 11:36 am |
  15. Shawn

    You people are nuts to put that much money in the hands of a guy with so little experience....let alone the White House!

    September 14, 2008 11:36 am at 11:36 am |
  16. Ralph G

    McCain + Palin = DRAFT!

    September 14, 2008 11:36 am at 11:36 am |
  17. LS

    Tim says Obama's new ad makes fun of Mr. McCain for his war injuries–revolting.

    No, when McCain betrayed the protection of innocent children in one of his ads, that was the lowest of them all. It literally made me sick.

    Since McCain's ad, to me personally, McCain lost all credibility of what it meant to be a man of honor. McCain doesn't deserve this title.

    September 14, 2008 11:36 am at 11:36 am |
  18. Enough

    I have given to Obama and will continue until the elections.

    September 14, 2008 11:36 am at 11:36 am |
  19. razy

    I have followed this elections with keen interest. And ever since Mrs Palin came into the game, all she has done is LIE. Its really scary to think this sort of person could be vice president of America. I'm a staunch christian and my bible teaches me honesty and intergrity. It baffles me when people hide behind this sacred religion and do evil. TAKE HEED, FOR THE LORD OUR GOD IS NOT MOCKED!!!!!! This is to the so called evangelicals : Do you really follow the one true word of our Lord Jesus Christ or a LYING GOP ticket?

    September 14, 2008 11:36 am at 11:36 am |
  20. Elizabeth

    All that money will not buy the White House.

    September 14, 2008 11:37 am at 11:37 am |
  21. Bill, N.M.

    Back in 2000' I liked McCain and it would have been a hard pick between him and Gore, but now there's NO WAY I would vote for him.
    I have to say I AM SCARED IF HE AND PALIN GETS IN, Because of Palin and McCain's age. If he would have picked say a Kay Bailey Hutchenson as his VP I still would NOT support him but at least if McCain died in office there would be someone with a brain backing him up.

    September 14, 2008 11:37 am at 11:37 am |
  22. Garrett


    McCain may have an honorable past, but he does not have an honorable present.

    September 14, 2008 11:37 am at 11:37 am |
  23. Jim from WI

    You on the left think Americans are so stupid for voting for McCain/Palin yet Americans are NOT.

    How much money does Sen Obama need to spend to be just tied with McCain/Palin?

    You think this race is against some faceless mindless Republican Party and its leaders?
    You think that those that follow McCain are brainwashed into following them?

    You ARE running agianst your fellow Americans!!!!!!!
    Not some big dark scary Republican party.

    They also do not want what is bad for the USA but they have seen examples of the left making things go much worse with such good intentions. (and seemingly good ideas)

    Until you realize the American people are not less intelligent than yourselves you will never understand whom you are even fighting against.

    Europe and England is getting tired of the left and their polices yet you choose to be blissfully ignorant of that fact. You think the entire world is for Obama yet do not. want to see those that are not.

    September 14, 2008 11:37 am at 11:37 am |
  24. Liz

    I do not know why anyone in this country would vote McCain-Palin when they say the same thing over and over and over again and its nothing about the economy or the people. Because what they have said it not true and it has been proved a lie. And they still are saying it. I guess they think people are really, really stupid. I just gave $25 for the first time to a political campaign.


    September 14, 2008 11:38 am at 11:38 am |
  25. Tim, VA

    I sent $500 last month and will send double that this month and next month. No way, no how, no PALIN.

    Her radical social policies are SCARY.

    September 14, 2008 11:38 am at 11:38 am |
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