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. jm

    i was one of the contributor and guess what these month am going to contribute more than $25 so we can even break the $66m record and see obama in white house.Yes we can ,the change we can believe.

    September 14, 2008 11:42 am at 11:42 am |
  2. Rae in Iowa

    "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."
    – WML

    You are right, WML, but the problems will get fixed a lot faster if the better team wins. Since money is big part of that, donations to Obama/Biden are a good investment in the process to fix those problems.

    September 14, 2008 11:42 am at 11:42 am |
  3. Corp 08

    I wonder how much came from Exxon?

    September 14, 2008 11:42 am at 11:42 am |
  4. RO

    I am one of those who donated online with $25...even my college-aged daughter donated with her own money for the first time last month. She was so proud.

    September 14, 2008 11:43 am at 11:43 am |
  5. Paul

    I'm tired of hearing that Palin is "only one heart beat away from being president if McCain dies"! Guess what people, obama is ZERO heart beats away from being president if elected! His indirect ties to radical terrorists are way to scary for me. Anybody who cannot see that is either not willing to look, or intellectually challenged. People throwing money at him like he is some kind of god is just as scary. Why are people so desperate for change that they would try to elect a cult leader? Do you really think he is the second coming of Christ?

    September 14, 2008 11:43 am at 11:43 am |
  6. David in Indian Wells

    And now McLiar's campaign will say they raised $66 million also.

    Giuliani was trying to make the case that "rich people" were sending him money. That is another Bold Faced Lie by this unethical bunch. They vast majority of Obama's campaign money has been donations under $100 from the beginning through today.

    September 14, 2008 11:43 am at 11:43 am |
  7. John

    It disturbs me to think of how little attention is shed on Governor Palins efforts to secede from the U.S.
    In a future time of crisis when we need a LEADER to UNITE our country will she revisit this thought???????

    September 14, 2008 11:43 am at 11:43 am |
  8. Jason in SDY

    I've definitely done my part. I've never given so much money to a political campaign before 🙂

    September 14, 2008 11:43 am at 11:43 am |
  9. R.M.

    Please donate more. we need to absolutely make sure Obama gets to White House.
    Please go to and donate whatever you can. Even dollar matters!!

    September 14, 2008 11:43 am at 11:43 am |

    If you were a true Hillary supporter do not disrespect her by voting for McSame and the pit bull with lipstick! NOW IS THE TIME FOR ALL GOOD MEN TO COME TO THE AIDE OF THEIR COUNTRY! We must take our country back to the peace and prosperity that we had under democratic leadership. Senator Obama is the man for the job!

    September 14, 2008 11:43 am at 11:43 am |
  11. Philrick

    Well said Leslie, I concur....................

    September 14, 2008 11:43 am at 11:43 am |
  12. Independant Voter

    Americans are rising up and giving their own dollars to support this candidate over the Republicans.
    It is completely inspiring to watch Americans actively support a candidate with such intensity.
    The polls may reflect a close race, but in November, Obama will likely take this election with a wide margin.

    September 14, 2008 11:43 am at 11:43 am |
  13. RapidRay

    Maybe Obama will spend the ads showing the truth about the vetos Sarah Palin is bragging about. You know, the ones to the tune of a half billion dollars that were overturned by the Alaskans.

    I can hear the slogan now...."Change that last."

    September 14, 2008 11:44 am at 11:44 am |
  14. Go away Palin

    Thank God enough Americans are terrified of the thought of Palin in office. SNL and Tina Fey did a great job last night of showing Palin for exactly what she is – a joke.

    Sorry Palin, you lose.

    September 14, 2008 11:44 am at 11:44 am |
  15. Mcain in 08 he trying to buy his way into the white house? last i knew VOTES got you in the white house NOT money. i bet some of the people donating money are getting welfare or their house is in foreclosure.way to waste money and whine about not having any,

    September 14, 2008 11:44 am at 11:44 am |
  16. ferny

    YES! YES! This Ex-Republican is definately for Obama.
    I would have given McCain a chance but he sold his soul to the devil when he picked Palin. He place self-interest and winning an election ahead of the well-being of American and Americans.
    We don't need a Cheney with Lipstick!!

    September 14, 2008 11:45 am at 11:45 am |
  17. Walt, Belton,TX

    I think it would be very enlightening to find out how many of these "new" contributors were from the Middle East. Anyone care to guess?

    September 14, 2008 11:45 am at 11:45 am |
  18. Anonymous

    we want change, we need barack and biden.

    September 14, 2008 11:45 am at 11:45 am |
  19. mrkusn

    Good. Now that Obama has the $ it is time for him to start getting back "on message" instead of trying to smear McCain. The Obama that will win is going to have to re-capture hearts again. Palin will fade. Let her fade. Don't try to make her a news story. Get back on message about the issues and the vision he has for America. Negative ads can backfire. Forget the vp candidate from the other party. The press will smear her for you.

    September 14, 2008 11:45 am at 11:45 am |
  20. Jeremy

    SHAME ON THESE TWO LIARS BENT ON RUINING OUR COUNTRY! Same party,same policies brought us down into the current pathetic state. Can Mcain/Palin take time to explain how we gonna begin paying over $760billion his friend Bush is leaving behind? What are their policies or its just lies on Bridge to Nowhere,jet on ebay and drill now?.............crazy idiots.

    Obama; tomorrow each of my 36 students at SMU(Policy) promised $25 for this month.

    September 14, 2008 11:45 am at 11:45 am |
  21. Peter of Oregon

    Unlike Bush and McCain, Obama's base is the American people. As a result there is no limit to what he can accomplish. We're behind him, and the days of politics as usual are coming to an end.

    September 14, 2008 11:45 am at 11:45 am |
  22. Kurt from PA

    Naturally, just when the media begins reporting that Obama's fundraising might be in dire straits! Obama never ceases to amaze!

    September 14, 2008 11:45 am at 11:45 am |
  23. Green is the color of POTUS

    Obama should be way out ahead...

    No one wants the republican rule to continue.

    It is the year of the democrats- if there ever WAS one.

    Obama can waltz his way to the white house with his eyes closed- no experience or qualifications are required this election cycle.

    The Nation is in a bad way and open to any demagogue peddling a lofty rhetorical message of hope and change- ask Germany and Italy how that same scenario played out for them.

    So... why is Obama flagging... why does he require budgets of 30 million a month to stay afloat. I could be president too if I had the same amount of money to buy it.

    September 14, 2008 11:45 am at 11:45 am |
  24. We the people...

    To a house divided:It is not about left or right it is about who is the better candidate. Have we all gone mad? You cannot even compare the brilliance of Obama with her!!! Yes, there were other presidents who had limited experience like Kennedy, Abraham Lincoln... but the difference is that they along with Obama were brilliant leaders who represented all of the people! You could see that even with the prepping for her interview with Charles Gibson, she sounded like she was interviewing for a beauty contest. We complain and scream bloody murder about Bush's tactics, but then replace another set just like the one that is in now. McCain turned out to be an immoral, out of touch with people's problems, very old candidate who has no honor or shame in how he is running his campaign. If you cannot see that he is NOT talking about the issues but is smearing lies, then we are in serious trouble! On November 5th , see how your house is divided when OBAMA becomes the next President of these United States

    September 14, 2008 11:45 am at 11:45 am |
  25. Faifax Deb

    If Obama had been smart enough to select Hillary as his VP his election would not even be in doubt. The Republicans out smarted him by picking Sarah Palin and put the world in jepoday. Republicans know how to win elections. Unfortunately they don't know how to govern.

    September 14, 2008 11:45 am at 11:45 am |
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