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. kevinkris

    4For all the donors, It's only 50 days left (2 months – septmember, october)
    2.5 million * 50= $125 million

    Evey one contributes atleast $25 in september and october..
    we will have record of $125 million in both these months !!!

    Yes We Can !!
    Obama/ Biden '08/ '12

    September 14, 2008 11:51 am at 11:51 am |
  2. Annamica, OH

    Money can't buy the election Obama, sorry.

    September 14, 2008 11:52 am at 11:52 am |
  3. mj

    For those of you complaining because so much money is being spent on the campaigns, it comes down to reality. No candidate can compete without alot of financial backing. Of course it would be nice if the money were going to help the needy or help bring down gas prices but the reality is, no candidate stands a chance without the financial support of his/her supporters. Clinton didn't loose because she was a woman any more than Obama won because he is black. They each represented a minority and some people will never support either minority so this agrument just doesn't fly. Let's look at issues and honesty when selecting who to vote for–regardless of who that person is. As for global warming being created by man, check with the findings of the U.N.'s Intergovernmental Panel on Climate Change. This is not a political, reactionary group. To refuse to believe that our climate is changing because of US is hiding your head in the sand. And by the way, I am white middle age female.

    September 14, 2008 11:52 am at 11:52 am |
  4. Sherri

    This is terrific news! "We the People" are speaking volumes with our small donations that add up to a sea of success!!! We are indeed the change we've waited for.

    Go Obama!

    September 14, 2008 11:52 am at 11:52 am |
  5. FayTx

    Ryan in VA September 14th, 2008 10:00 am ET
    Its about time the people are beginning to realize John McCain is a filthy, out of touch, lying, old, crotchety man. Take it to him Obama. Send him to his final defeat before his grave.DITTO!!!

    September 14, 2008 11:52 am at 11:52 am |
  6. kevinkris

    Sorry correct my mistake eveyone should contribute $50 in september and october..

    September 14, 2008 11:52 am at 11:52 am |
  7. Raul Herandez

    It's all a lie
    "perhaps so"....We may go and declare war against russia..
    Ohhh my god it's seems to be a bad dream..this lady is not
    qualified to handle her own famuly and the media, the GOP
    and a lot of brainless voters can elect her as VP or Presidency

    September 14, 2008 11:52 am at 11:52 am |
  8. Barack Supporter

    Thank you fellow Barack supporters. You make me proud to be a Neighborhood Captain for Obama. Clearly, we open our wallets and the Palinistas open their mouths, spewing lies and venom. I'm doubling my September contribution in your honor. This is all about US! And YES, WE CAN because WE MUST!

    September 14, 2008 11:52 am at 11:52 am |
  9. Brett

    This is not a very good is he the Nominee of the Democratic Party OFFICIALLY now and only raised a couple million more than he did in the primary season when Democrats were divided? Haha. PEOPLE ARE STILL NOT ON BOARD, FOLKS!

    McPALIN '08!

    September 14, 2008 11:52 am at 11:52 am |
  10. michele

    i can not beleive how half of this counrty could be struck on stupid. to vote for a woman base on gender and not on issue that is facing this great country. it won't be great no more once mccain and his crazy vice pick. did any woman see what she stand for. This woman is very dangerous. WHOSE IN THEIR RIGHT MIND WANT TO GO TO WAR WITH RUSSIA. MCAIN IS THE BIGGEST FLIP FLOPPER ON ISSUE GO TO THE HUFFINGTON POST AND READ ALL THE ISSUE THAT MCCAIN HAS FLIP FLOP.

    September 14, 2008 11:53 am at 11:53 am |
  11. Mack

    Obama supporters and democrats...Leave Palin alone...Do you not see that your cobstant attacks make you look stupid and petty. First of all, I am a democrat..Palin has not lied about the plane( she never said she sold it on e-bay..she said she put it on e-bay), She has admitted that she changed her mind on the bridge, she never said she didn't. State democrats applauded her for her stance. If you want republicans counting everytime Obama has changed his mind you need to be careful. I have seen the far left throw everything at this women and its disgusting. You have anchors on MSNBC calling her names and its disrespectful. So for political should do some research and not just believe everything you hear.

    September 14, 2008 11:53 am at 11:53 am |
  12. ct

    The blind sheep that is still willing to vote for a republican is mind boggling. When this economy really goes down the tube by pursueing the same policies that have failed us, while the clinton admin was so prosperous and fixed the last republican mess, to vote for another republican is mindboggling, the sheer stupidity of some people, and then they will blame everyone but themselve's. You deserve what you get.

    I am a young college student, I will continue to get my education, and take advantage of this housing crisis but those of you that are suffering from this housing crisis, or will soon, good luck with another republican president, letting our debt rise to the point of no return, good luck! You republican blind sheep deserve what you get!

    September 14, 2008 11:53 am at 11:53 am |
  13. CVO

    WOW, The democrats are so threatened by Sarah Palin that they are squandering money on their candidates. But we ought to remember, senator Obama outspent Hillary 4 to 1 in pennsylvania and still lost. Money does not buy votes. I am happy for senator Obama for this wonderful fundraising month. Now he will be able to pay all the investigators he sent after Sarah Palin to find some dirt he can ditch on her in his ads which seems the only thing he is capable of doing these last couple of weeks . negative ads . The message is always clear in his ads" MCcain can't do this can't do that , Mccain is Bush blah blah blah !

    September 14, 2008 11:53 am at 11:53 am |
  14. Fnn.D.

    In fact, that all may be a lie...I mean, the amount they publicized. And, even if it is true, who knows the bulk of it may have come from the fat cats that back him. The guy is a puppet, nothing more. Those who bet on him and provide him the real cash, are not the millions of poor donors he wants us to believe.

    September 14, 2008 11:54 am at 11:54 am |
  15. Professor

    Here's my theory!

    The educational system in this country is indeed rather poor. That is why so many people would vote for Obama. These individuals do not know what it feels like to think!

    McCain is pro-life, and Palin is pro-life! That says it all. Anyone who supports abortion is NOT fit to be President of the United States. In fact, anyone who supports abortion is not fit to be a human being!

    Obama is a creep, and Biden is a ninny! Anyone who votes for these candidates needs to return to school and learn how to think critically.

    Go McCain and Palin!

    September 14, 2008 11:54 am at 11:54 am |
  16. Jamie

    Gov. Palin to Congress: "Thanks but not thanks on that bridge to nowhere. If Alaskans wanted a bridge, we'd build it ourselves."


    September 14, 2008 11:54 am at 11:54 am |
  17. nganenu

    I, nganenu, am one of the 500,000. Enough with an old man loosing his honor in lies. How will I teach my kids with ideas such the 08 Rep. candidate won the wh lying? Enough with mcBush. no more of the same.

    September 14, 2008 11:54 am at 11:54 am |

    Time to take out the sleazy McCain campaign once and for all.

    The GOP is done for.

    September 14, 2008 11:55 am at 11:55 am |
  19. PJ, New York Independent

    Are all of the Obama bots going to ask for refunds when 'the chosen one' loses the election in November? I was just wondering...

    September 14, 2008 11:55 am at 11:55 am |
  20. Patrick

    "Most Americans are in the center- they are not left wing extremists.
    The intra-party vitriol against fellow democrats doesn't help either. No amount of money will compensate for vulgar, derisive and disparaging insults"

    Yes most Americans are in the center but Obama is hardly left wing but rather he is just painted that way by fear mongers.

    As for the intra-party insults... lets face facts... most of them were from trolls (republican trolls).

    September 14, 2008 11:55 am at 11:55 am |
  21. ncharge

    I want a refund as well from the McCain camp. I sent money in after the convention speech of Palin. I guess I was one of those women wanting to have a woman on the ticket.

    Not this woman, no way, no how!

    Women we are much smarter then this "Beauty Queen"!

    What a surprise, that's the reason why McCain camp was attacking the Media they didn't want people to find out the truth about this woman.

    I'm upset because they had her daughter holding the baby to cover up her expectancy and now that baby is touting around like it's good for a 17 year to be with child. This is not the values of our society.

    Lies, Lies, Lies, Lies...

    No Way, No How, No McCain

    September 14, 2008 11:55 am at 11:55 am |
  22. Sarah K.

    I have never donated to any Presidential candidate in my life. When I heard Palin and Guliani attacking Obama for being a "community organizer"- I got so furious that I donated to Obama..I am one of those new donors..happy to be the part of it.

    September 14, 2008 11:55 am at 11:55 am |
  23. Dems are stuck in the fix they rigged

    This man has no shame.

    He thinks more money will do the trick.

    What about a track record? Experience? Accomplishments?

    What about running on merits rather than rock star appeal and race?

    Yes... you are cute and have a nice smile... but you play dirty rotten vitriolic hateful divisive self-serving politics.

    September 14, 2008 11:55 am at 11:55 am |
  24. Virginian

    My children donated to Obama!

    We've cut back on food, clothes, car trips, home energy, water, even extra school supplies and mailed the check.

    We reformed our spending and donated to the Democratic ticket way before McCain/Palin preached their double standard on reform!

    Obama spoke out against the Iraq War showing his national insightfulness, and consideration of implications. He reasoned rather than blinked and reacted.

    We're keeping our eyes on the prize here in Virginia and supporting with hard campaign work and donations.

    Obama/Biden '08

    September 14, 2008 11:55 am at 11:55 am |
  25. American mom for Obama

    OH yeah!!! The american people have spoken, let get ready to rumble baby !!!!!!!

    September 14, 2008 11:55 am at 11:55 am |
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