September 14th, 2008
10:30 AM ET
6 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. Bev

    I gave money last month as did my daughter and my lifelong republican husband. We all feel this race is crucial in the history of our country. We have endured the past 8 years, we cannot spend anymore time with policies that undermine America. It is time to take our country back. Time to become proud Americans. As Barack Obama said "ENOUGH".

    September 14, 2008 11:38 am at 11:38 am |
  2. 23, Ca Dem

    @ Lloyd,
    very well put in atching her in the interview she I couldnt help but think she didnt have all her marbles, she kept making awkward hand gestures probably to divert our attention and she also kept saying "Charlie" the whole thing was pretty strange

    September 14, 2008 11:38 am at 11:38 am |
  3. Peter

    Money aside, the point is that Obama is just not electable – an empty suit who can hardly be taken seriously. He did seem electable to some as long as he was a novelty and was running against Hillary but it could not go on for long. McCains pretentions to sell himself as a brand different from George W. have never been credible, so people had been looking for an excuse not to have to support Obama –with Palin they have that excuse. Now Obama is doomed. And it s a pity. Could be another great comedian in the White House.

    September 14, 2008 11:39 am at 11:39 am |
  4. Ron

    one candidate is an idealist, who promises a perfect world at no charge. the other is a realist, who offers you a chance at a real life, at a small cost. the idealist presumes and hopes, a realist looks at the consequences and acts accordingly. the choice is yours. democrat or republican remember, you don't have to agree with everything a candidate believes in to vote for him

    September 14, 2008 11:39 am at 11:39 am |
  5. Lovely in VA

    Polls, smolls, this isn't even close.
    Thanks for all you've done Barack! Love you!!

    And be sure to check out the front page of NY Times today. It's also online.

    September 14, 2008 11:39 am at 11:39 am |
  6. tina

    May god continue to shine his light on you obama. you have our support 100%

    September 14, 2008 11:39 am at 11:39 am |
  7. stan01020

    just shows that there are still moonbats alive and well, he is going down big time, an elitist ultra left wing liberal will never be elected president and especially him, with his muslim faith, his reverand, his shading housing deal with vesco, his shading dealings with ayers, etc., at least with he goes under he will have cash on hand, good luck, titanic,

    September 14, 2008 11:39 am at 11:39 am |
  8. Reese of NC

    I donated my $25 (I am part of that $10 million in a day crowd) after Sarah Palin and others mocked Obama's life in service to his community and later to his country through political office. Palin calls herself a Christian but all you have to do is look at her speech and the tone of it and ask yourself this. Would Jesus have spoken that way of someone he differed in opinion with? ABSOLUTELY NOT!!! I have been totally disgusted by the behavior of the McCain/Palin ticket the past couple of weeks. I won't someone in the White House who lives Christian principles not talk them.

    September 14, 2008 11:39 am at 11:39 am |
  9. J. S. Gerhard

    We just opened an Obama- Biden HQ in Little Rock yesterday. The place was jammed with supporters! Obama will be elected President in 51 days!!!!!!! Keep the money rollin and roll McLame AND HIS LYING CHURCH LADY to their shameful defeat!!

    OBAMA-BIDEN 08!!!!!!!!!!!!!!!!!

    September 14, 2008 11:39 am at 11:39 am |
  10. BS

    Please stop Sarah's pit bulls from mauling innocent people across this nation.

    September 14, 2008 11:40 am at 11:40 am |
  11. Jonathan

    "With all the money every presidential candidate has raised, we could have done a lot to fix the problems in this country. It's a shame."

    We have to get the man who will fix the country (Obama) in the office first. Then a lot of problems and issues will be addressed.

    September 14, 2008 11:40 am at 11:40 am |
  12. Garrett

    WML,

    He had 500,000 NEW donors. Most of the donors, like myself, only give 25 dollars.

    September 14, 2008 11:40 am at 11:40 am |
  13. Lisa

    The Democrats are the party that CARES. We care about other people-about the elderly, the sick, the disabled. You can see it in our values, and in the bills we have introduced. Compare that to the Republican party and what it has become-the party of greed, special interests, and me, me, me, me, me, let me keep more money in my pocket please!
    I hope this time that the Obama/BIden and the people with real values in our country win this election or this country is in huge trouble. McCain will lead us economically into a great depression and we will end up in WW3. It is quite frightening that people don't see this.

    September 14, 2008 11:40 am at 11:40 am |
  14. sue calgary

    OBAMA FOR PRESIDENT! As an observer from Canada, I can only hope that the Americans make the right choice in November. Reject the campaign of fear and lies. McCain is being dishonest with his change rhetoric. With him and Palin, there will be NO CHANGE just more of the same misery the the American people have had to exist under the the last 8 years. You will get the leaders you deserve. Vote for change that you can believe in. The world is waiting excitedly to see if change will indeed come to America or whether the choice will be more of the SAME.
    Good luck and God Bless!!!!

    September 14, 2008 11:40 am at 11:40 am |
  15. mds21212

    According to several news articles I've read, Obama and the Democrats need to raise $100 million/month to keep pace with McCain and the Republicans. $66 million is not very impressive.. McCain now has the financial edge.

    September 14, 2008 11:40 am at 11:40 am |
  16. ncharge

    We can go along with negative ad's but what is unacceptable is lies. Palin should have never been picked. She is truly not a very intelligent woman. It hurts to see that the McCain camp is playing the sexist role by thinking "Woman" are truly stupid to fall suck a stunt.

    I admired Palin at first and now I'm upset to find out that her speech was bogus and after watching the interview just made my stomach upset. This lady is not a real woman! She is appealing by beauty and that's it. She sounded like a robot when she was responding to the questions what a disgrace to the US.

    September 14, 2008 11:40 am at 11:40 am |
  17. Vic

    Obama/Biden for the economy. John McCain's republicans are old wackos and liars. They have lied to us for the past eight years.

    Registered republican voting Obama/Biden 08

    September 14, 2008 11:40 am at 11:40 am |
  18. Annah

    We can watch the us politics ill be suprised if the Americans take chance with Mccain for sure, we are like spectators of a football match

    September 14, 2008 11:40 am at 11:40 am |
  19. International looking at you

    All americans should huddle together and vote for Obama, when all the glitz, lies and memorized speeches of Ms Palin have faded, American will see Obama/Bid is for America and is about the issues.

    OBAMA/BIDEN '08

    September 14, 2008 11:40 am at 11:40 am |
  20. independent

    my theory: the only reason ANYONE would vote for mccain after all the facts have been revealed is because the american education system has deteriorated so dramatically under republican leadership (past several decades). clearly we need to invest in education because these people can't think their way out of a paper bag.

    September 14, 2008 11:41 am at 11:41 am |
  21. THE COSMOS ROCKS

    »McCain/Palin will be the WINNERS. Wait and then you all see... Yes.

    September 14, 2008 11:41 am at 11:41 am |
  22. kris rao

    My fellow friends for truth and peace (no war unless absolutely necessary please),

    Here is what I did before writing this piece. I got up, reached my wallet, took my credit card out and contributed $100 to Obama.

    The time is now; we cannot defer or delay; every minute counts. Here is why – There is a cycle time involved in using our contributions – meaning, after we contribute, the campaign goes through planning, logistics and usage and it typically takes 20 days or so to deploy our funds into action. So, there is not a whole lot of time left for us to act.

    If you believe in Obams's leadership and message, contribute now, contribute as much as you can, again and again and again.....

    September 14, 2008 11:41 am at 11:41 am |
  23. Peter

    Money aside, the point is that Obama is just not electable – an empty suit who can hardly be taken seriously. He did seem electable to some as long as he was a novelty and was running against Hillary but it could not go on for long. McCains pretentions to sell himself as something different from George W. have never been credible, so people had been looking for an excuse not to have to support Obama –with Palin they have that excuse. Now Obama is doomed. And it s a pity. Could be another great comedian in the White House.

    September 14, 2008 11:41 am at 11:41 am |
  24. barbara

    Hopefully, the American people will see through the lies the McCain camp is telling because it is so obvious the media is not. I just listened to Wolf Blitzer allow his Republican guest distort the truth and earlier on Face the Nation Bob Schieffer never acknowledge that the McCain camp admitted that Palin has never been to Iraq. I am so tired of the Palin Factor. Has the media forgotten that Barack Obama also has a running mate. Joe Biden brings so much experience and knowledge to the campaign but he is all but forgotten. I'm tired of hearing about sexism. Why not discuss the lies being told by McCain/Palin?

    September 14, 2008 11:41 am at 11:41 am |
  25. milo

    I just gave for the first time this morning. And I'm looking forward to giving more, just looking to see how things go.

    Polls are looking good, Gallup had McCain up by 5 at the start of the week, it has dropped a point every day or so, now at 2, within the margin of error.

    September 14, 2008 11:42 am at 11:42 am |
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