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. Ane

    WAKE UP, AMERICA!!!

    I come from a small country in Europe, a place Ms. Palin does NOT know exists, and it is so disappointing to see that this country is in shambles and everyone is talking about non-sense.

    THE WORLD WANTS BARACK OBAMA!!!

    The reason is: The world is so far ahead on race and gender, they are looking for somone who can actually catch up to them and bring this super power back to what it used to stand for on the issues that matter to the world: economy, poverty, AIDS, terrorism,MEDICAL ADVANCEMENT (stem-cell has been implemented in many countries,but we CANNOT even talk about it here)- NOT on shooting moose in Alaska.

    And here goes my donation, because we need a President who can lead,NOT someone to have beer with; I can do that with anyone...

    OBAMA/BIDEN '08,'12

    September 14, 2008 01:05 pm at 1:05 pm |
  2. Linn

    Again, for all of you who support the maverick Mccain for championing the cause of cutting pork barrel spending, can you please enlighten me on where 9 billion dollars of our taxpayer money went when it was shipped of to Iraq in canvas bags?? I turn into C-Span only to see a video clip of these no-bid contractors in Iraq hired by the Bush adminstration lined up around a bunch of tables with hundreds of shrink wrapped packages containing thousand dollar bills. The leader of the group proudly announcing "We are open for buisness boys and we pay in cash". I'm sick of my tax dollars going to a bunch of worthless bloated _______s so they can sit aorund on golf carts 24/7. You want to pay for these guys to play golf, you write them a check, I'm sick of it.

    September 14, 2008 01:05 pm at 1:05 pm |
  3. Anonymous

    I too am one of those new supporters. E

    September 14, 2008 01:05 pm at 1:05 pm |
  4. Eager Voter

    Before pressing that button in the voting booth. Think about the following things carefully folks, fellow americans!

    1) Considering McCains age, it is possible that he will die while serving the country, and imagine Palin as president and in control of the country (scary thought!).

    2) Nations debt is in trillions of dollars, and McSame says the country is healthy and doing fine.

    3) Taking a good look at McCain, does he look like a person who is an agent of change? Does he look look like he has leadership qualities? Has fresh, bold ideas? (No, for all three!). He has been in Washington crowd too long to offer anything new.

    4) Record number of people do not have healthcare, and McSame is going to make matters worse by supporting insurance companies more than the average citizen.

    5) Remember that fundamental Republicans believe in trickle down theory of favoring the rich and wealthy, hoping that it flows down to the average citizen. This has not worked well in the last 8 years folks. The rich got richer, and the poor got poorer.

    6) The economy is struggling under the leadership of republicans: Record level of foreclosures in homes, banks that are failing, gas prices going through the roof, education system that needs revival and a foreign policy that is very shaky.

    So after much thought, like me, vote for the only man who is at the right place, at the right time and has the right leadership qualities: Barack Obama/ 2008

    September 14, 2008 01:05 pm at 1:05 pm |
  5. Brian

    It's Obama Time for America!

    I'm so sick and tired of the white-collar corporate corruption in this country, it's time a President did something about it instead of look the other way. How can John Sydney McCain III do anything about it when 7 of his 8 campaign staffers are Washington lobbyists and he himself was implicated connected to Charles Keating and the Lincoln Savings and Loan collapse??? Now Lehman Brothers is going under, what the hell???

    September 14, 2008 01:06 pm at 1:06 pm |
  6. No Country For Old Men

    23, Ca Dem September 14th, 2008 11:38 am ET

    @ 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

    I agree.
    I got a Charlie Horse, listening to her. Me Leg, Me Leg!

    McCain was a POW, but he is also a Politician Of Wrong!

    September 14, 2008 01:06 pm at 1:06 pm |
  7. Please Explain

    THIS IS SO DECEIVING. DID OBAMA'S CAMPAIGN TAKE IN $66 MILLION? OR DID THE DNC TAKE IN $66 MILLION? OR DID OBAMA AND THE DNC TAKE IN $66 MILLION SINCE OBAMA HAS BEEN HOLDING FUNDRAISERS WHICH INCLUDED TAKING IN MONEY FOR THE DNC. OBAMA HAS HELD FUNDRAISERS WHERE PEOPLE WERE GIVING CHECKS FOR OVER $30,000 TO ATTEND. OBVIOUSLY THE POOR PEOPLE ARE NOT GIVING THIS KIND OF MONEY SO IT MUST BE FROM CORPORATIONS AND LOBBYISTS AND FROM A VERY WEALTHY AND ELITE GROUP OF PEOPLE. OTHERWISE, IF IT IS COMING FROM THE AVERAGE PERSON, THEN PEOPLE ARE NOT AS BAD OFF AS OBAMA CLAIMS THEY ARE. AND IF POOR PEOPLE ARE GIVING THIS KIND OF MONEY TO OBAMA, THEN OBAMA OBVIOUSLY DOESN'T CARE THAT POOR PEOPLE ARE GIVING AWAY WHAT IS PROBABLY THEIR ENTIRE LIFE SAVINGS ($30,000) TO HIS CAMPAIGN. DOESN;T OBAMA THINK THESE PEOPLE SHOULD KEEP THEIR MONEY INSTEAD OF GIVING IT TO HIM? HE IS SO OUT OF TOUCH WITH THE AMERICAN PEOPLE. VOTE MCCAIN AND SAVE AMERICA.

    September 14, 2008 01:06 pm at 1:06 pm |
  8. Women for Obama

    We cannot afford to vote in this election (or any election) based on gender, stereotypes or campaign rhetoric. PLEASE PLEASE PLEASE, people, let's vote on the issues. Hillary supporters, please remember the issues and what Hillary stands for, not the fact that she's a woman. Look at her record and follow her judgment on who she supports - don't support Palin simply because she is also a woman. Remember that she is a woman who supports John McCain and what he stands for. We owe ourselves more than that. Let's vote for Obama-Biden and watch the great things these two men can do together.

    September 14, 2008 01:07 pm at 1:07 pm |
  9. Lovely in VA

    Cosmo Rocks – Feelin' a little lonely.?? hehehehehehe....

    September 14, 2008 01:07 pm at 1:07 pm |
  10. New Donor

    I didn't donate to Obama until I was watching Palin speak at the Republican National Convention. I will do what I can to keep that senile man and hockey mom from running office. FYI, I am an independent. You know... I get people that tell me Obama is only doing so well because he speaks better than McCain. And I tell those people, so what? Is it not reasonable to say that public speaking is one of the biggest prerequisites to being a president? I believe that a president should know how to communicate to a diverse America; I stress DIVERSE. And if Republicans don't figure out how to attract a more diverse group of people, their party will be a thing of the past as we evolve to a more diverse culture.

    September 14, 2008 01:08 pm at 1:08 pm |
  11. Jack

    I think it's kinda funny that Obama brags about how much money he is making by breaking his campaign finance promises.

    September 14, 2008 01:08 pm at 1:08 pm |
  12. Lee Canon

    Let us fight McCain who is decided to keep our loved country in troubles. America get up and bring down the corrupted administration.

    September 14, 2008 01:08 pm at 1:08 pm |
  13. Big D

    I think this goes to show that there are consequences for lying the way McCain has lied

    September 14, 2008 01:08 pm at 1:08 pm |
  14. Tony Radell

    The reason this race is even remotely close:
    50% of this country is poor white people and they would rather sit in their filth with no health care, no home, no money, no hope then cast their vote for a black man.

    Please post the truth on this CNN!

    September 14, 2008 01:08 pm at 1:08 pm |
  15. John

    It's too bad that elections have come down to the money game– and the gleeful delight of supporters in learning of obscene amounts of money raised (both sides). It's mostly funneled to greedy corporate networks who air commercials (both sides) which contain exaggerations and dubious truths about both candidates. It's the media who celebrate the money raised.

    September 14, 2008 01:09 pm at 1:09 pm |
  16. Helen

    GO SARAH PALIN – Barrack turned his Back on Hillary who's experience and has all the Values – SARAH, you can stand in Hillary's shoes – Hurrah America! Vote McCain/Palin!

    September 14, 2008 01:09 pm at 1:09 pm |
  17. Maggie

    What you Obama supporters have to realize that money cannot buy everything. If you think by taking your money that you need to buy your kids food and sending it to Obama is going to win the election, you better think again. If you are foolish enough to do that then you deserve anything you get. McCain and Palin do not have to force their supporters to give what they cannot afford because they can win without all this wasteful money. Did you ever hear of the saying "money cannot buy you love"? Well remember, Obama might get all this money but he is still going to lose the election in November.

    YOU OBAMA SUPPORTERS, LEARN TO LIVE WITH THAT AND SUFFER!!!!!!!!!!!!!!!!!!!!!!!!!

    September 14, 2008 01:09 pm at 1:09 pm |
  18. Kathy

    Obama has done something that no preisdential candidate has been able to do, get many people involved, imagine all the great things he will do in the White House. I was watching the 9/11 forum and his ideas are very creative and I know many people like me who has never had an interest in politics, will be excited to do more to help this great country.

    September 14, 2008 01:09 pm at 1:09 pm |
  19. Republican for Obama!

    I just sent in another $1,000!!!

    McCain would have received that money had he NOT chosen Palin. What a RIDICULOUS choice!

    Obama-Biden 08' 12'

    September 14, 2008 01:09 pm at 1:09 pm |
  20. Kevin

    Is there really any point to commenting on this or any other item? The MSM, with the exception of the NY Times, have completely failed in their responsibility to cover the facts in the race and investigate the truth. Why do you not demand access to the woman who might conceivably become president? Why is there so little investigation and coverage? Why is she so isolated from the "press?" Why do we still know so little about her? Are you that cowed by the Republican attack machine? It is your job to keep the people informed and you just don't seem to care to bother. It says alot about the state of the media in the US that the people asking the tough questions, and shining a light on the real issues, are the hosts of The View, the cast of Saturday Night Live, Jon Stewart and Stephen Colbert. You guys have become a joke.

    September 14, 2008 01:09 pm at 1:09 pm |
  21. Louise

    This republican Hockey mom did not fall for Palin lies, just gave money to Obama-Biden,

    September 14, 2008 01:10 pm at 1:10 pm |
  22. Gringo

    Obama truly is a shining example of a true Democrat-get people to give you money (or tax them and smile so they swoon) and spend it on everything under the sun that does nothing to benefit the very people that got their pockets emptied.

    Obama's camp is kind of like alot of major league sports teams: If you can't earn it then buy it.

    I recommend you all hold on to your donations, cause there is no way Obama can deliver on his promises for cutting gov. waste, a rebate to you, lower your taxes etc and still pursue the rest of his platform without bankrupting this country. We cant continue negative spending and mortgaging our country's future. And thats all he'll be able to do with his plans to "change" America. That 25/50/100 donation may be worth more than you figure shortly...

    Remember, his fellow Democrats talked the big talk two years ago and really accomplished nothing. Dont cry because its a Repbulican President. They cant even find common ground in their own party to get things done, do you really think adding a Democratic President will improve it, I hope they dont expect him to sign anything important, last I check "Present" doesnt create a law, treaty or trade agreement.

    Plain fact is either candidate lacks what we need and will have absolutely zero impact on straightening out our situation. We can only hope that whoever ends up there doesnt treat our country like their campaign fund and spends, spends, spends. And hope their damage isnt too great in the next 4 years. The only hope is 2012 and maybe both these parties will find real candidates that represent real Americans, who as near as I can tell are pretty moderate and easy going across of their views, not bent to the left or right like a tree in a wind storm.

    God bless us, God help us and God save us from ourselves. I'm not religious but I dont know who else to turn to, American politics and the Republicans and Democrats has corrupted everything noble about the U.S. Lets all spend the next 4 years finding someone that understand the Declaration of Independence, Bill of Rights and the Constutition; if there is anyone left. A person that aspires to public service the way JFK hoped for, he seems to be the last one to see it as a noble calling, not entitlement!

    September 14, 2008 01:10 pm at 1:10 pm |
  23. laurie

    Isn't it interesting in seeing the McShame videos of his "release/homecoming" from Vietnam that he "limps" just a little but briskly, across the tarmac and pops a sharp, high salute.... yet now, during the election, does the "I can't lift my arms due to torture" routine.....
    courting sympathy vote????

    September 14, 2008 01:10 pm at 1:10 pm |
  24. Rose

    Personally I think raising and SPENDING that kind of money is shameful. All that money Obama spent for his lavish convention was all show, glitz and glitter. I call that wasteful spending. We the taxpayers footed some of that bill and I resent that kind of wasteful spending. Does it matter where you deliver a speech? It is the words that count, not the background.

    September 14, 2008 01:10 pm at 1:10 pm |
  25. Larry

    PALIN AND MCINSANE LIE ABOUT EVEYTHING AND A LOT OF PEOPLE BELIEVE THEM WE WILL GET WHAT WE DESERVE.

    September 14, 2008 01:10 pm at 1:10 pm |
1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 31 32 33 34 35 36 37 38 39 40 41