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. ramsbaby

    i always pray for him OBABMA to win

    September 14, 2008 01:28 pm at 1:28 pm |
  2. McPalin

    It is either a "Bridge to the Future" = Obama
    Or a "Bridge to the Past" = McCain
    Truth = Obama
    McCain = Lies
    Tax Breaks for most = Obama
    Tax breaks for the rich =McCain
    Dril,Drill,Drill = 1980's
    Efficient Energy = Now

    September 14, 2008 01:28 pm at 1:28 pm |
  3. peggyc

    We need to get the word out that under McCain's health plan we will all be taxed as ordinary income on Employer Provided Health insurance. That is a tax increase on every working person who still is able to get coverage through their job. How long before all employers quit providing coverage if their tax incentive goes away. More deception from the McCain camp.

    September 14, 2008 01:29 pm at 1:29 pm |
  4. Patrick

    You can raise all the money in the world but money wont buy you votes!

    Money cant replace putting Clinton on the ticket.

    Money cant beat a united democratic party. Which the Dems clearly do not have, despite the rhetoric!

    September 14, 2008 01:29 pm at 1:29 pm |
  5. Die Hard Democrat for OBAMA

    This message I am writing is for Sarah McCarthy.

    You Republicans make me want to vomit with your smears and constant reminder of things past in order to win instead of looking to future of this country. Republican = Wealthy first, Country second

    Do not come on here lecturing anyone on the heroism or the admiration of McBush. Who said anything about "disparaging his service." We all know he went to war and was a P.O.W. and respect that but how does getting your plane shot down qualify you to be commander in chief. He is a proven liar and Mr. Old politics of washington voting with Bush 90 % of the time. That is exactly what needs to be changed. If you don't think so maybe you haven't been listening very well, or perhaps you've just been living too well under Bush's tax breaks to care.

    Go support your McShame/Failin ticket but come november you will be on the losing side of this election. Go inhale some CO2.


    September 14, 2008 01:30 pm at 1:30 pm |
  6. Mariel from NH

    Everyone wants to be the agent of change these days.

    McCain/Palin was to "shake up Washington" and attempt to change the way government does business.

    Obama/Biden want to bring a change to the policies of the last 8 years.

    If the policies of this country DON'T change I'll be moving to the UK. I can't countenance remaining in a country where the majority repeatedly votes against its own self-interest.

    I also echo what other said: don't just give your money, give your time. Spend two hours a week that you would have otherwise spent watching Scrubs or *gas* CNN and work phones for the campaign. Every little bit helps!

    Obama/Biden '08

    September 14, 2008 01:31 pm at 1:31 pm |
  7. Steve - Minneapolis

    Hey Marge from Hibbing. Read the truth. Obama's contributions are coming from the millions of us who are affected by this election. $25 and $50 at a time. I guess we would know where McCain's funding came from if his campaign was honest enough to tell us. But they are not. Enough said.

    Obama/Biden 08

    September 14, 2008 01:31 pm at 1:31 pm |
  8. Spirit of America

    Perhaps the signs should be switched from "change we need" to "dollars we need"...

    September 14, 2008 01:31 pm at 1:31 pm |
  9. Unshrub

    The anticipated death of Obama's campaign has been premature. Maybe now he can combat McCain’s lies.

    September 14, 2008 01:32 pm at 1:32 pm |
  10. Unshrub

    My $25.00 a week adds up.

    September 14, 2008 01:33 pm at 1:33 pm |
  11. Christine

    As a mom, I do not think Sarah Pailin has demonstrated good judgment in accepting the nomination for V.P. If I had 4 children under the age of 18 – one a nursing infant with special needs, one a minor who is expecting a baby herself – I would have told John McCain, "Thanks but no thanks," – the timing just isn't right for me and my family. If Sarah Palin can't put her family first in its obvious time of need, how can she ever be considered to have the judgment it takes to lead?

    The Palin addition to the McCain ticket has spurred me to donate to Obama/Biden '08.

    September 14, 2008 01:34 pm at 1:34 pm |
  12. Ramsi Hashash

    What I do not understand, and I guess I am naive, how come if all of what Mc Cain and Palin say about Palin is a lie, are those lies not spread by all media companies throughout the country?

    For me journalism was always about facts and truth, nothing to do with why part doctrine one would follow. How come that so many journalists do like to bend the truth so it would fit who ever owns them or whoever pays them more.

    What is wrong with the US media world. If the media would report only facts and the truth, Obama by now would be past the 60% mark.

    So dear journalists across the US, the print media and the digital media, look in the mirror and remember why you became a journalists.

    I still believe that the Obama-Biden ticket will win on the 4th of November 2008 by 8 to 10 percentage points.

    September 14, 2008 01:34 pm at 1:34 pm |
  13. Jami

    I am not quite sure how best to begin...

    I am a very proud Canadian, and still prouder to be a part of our beautiful and prosperous North America. We are so lucky, yet we continue take advantage of the beauty of our GREAT NATIONS. Canada and the US, although different in policy, have the same heart. I am SO proud of the great accomplishments of the United States of America and its people. I am fortunate to be able to call you my neighbors.

    That said, political jargon gets everyone tied up in knots. A United America has seemingly become a much divided America. Americans and the world alike have been forced to choose sides. This US Presidential election has sent bells ringing all over the world. I have seen COUNTLESS retorts telling non-Americans to "butt out" as this election "does not affect" us. I agree we have no vote, perhaps no say at all in the matter - We are people of the same world.

    We have the same love of family, and hope for future generations. We want nothing but the best for our neighbors and friends. The fact is, what happens in this election will affect the rest of the world more than any US election prior. Our peoples are so much more aware. This election has awakened politics in many of us that couldn't have been bothered just a few years ago. This matters.

    Democrats & Republicans alike are certainly quick to come to their own defense, rightly so. Let me say that no Democrat right of mind or heart intends to imply that John McCain is not a GREAT AMERICAN HERO. John served as hard and with as much noble strength as any could have asked of him. Is this not true?

    That being said...

    Barack Obama has (in his own way) inspired the people of our continent, and so many abroad, to have faith in others and take GREAT PRIDE in their countries.

    These men have such different stories, such different lives. Though they are different of mind, their hearts speak of an undying love for the hope and beauty of the American people.

    Barack Obama and John McCain are outstanding of heart. However, in the face of what lies ahead, and the continued prosperity of a great nation (whose image HAS been shattered by George W. Bush), Barack Obama has the sound mind I feel this world needs to hear more from.

    Barack is not the second coming of Christ, he is a mere man - A man with a vision for his daughters.

    Hillary Clinton is a brilliant and beautiful woman who will work until her dying day to give all Americans a fighting chance. If the democrats gain the White House, Hillary WILL have a HUGE roll, mark my words. It is not Barack's fault that Hillary was not chosen as Presidential candidate. You know as well as I that Hillary is not a second-in-command kind of gal. She knew this, Barack knew this. Who is to say Hillary did not have a say in her own fate?

    On this day, at this hour, the world needs the eyes of Barack Obama.

    Fresh ideas. Great ideas.

    Mr & Mrs Obama, Al Gore, Ted Kennedy, Hillary Clinton, Bill Clinton, Joe Biden - They come as one. That is the most tempting, most true to heart and mind team I could dream for you America.

    Take your shot at reestablishing your true greatness. Your people deserve it.

    September 14, 2008 01:36 pm at 1:36 pm |
  14. obaid bactazh

    The real America is what you see in Obama's colorfull background .
    What you see in McCains one color baxkground is mostly brainwashed cheerleaders.

    September 14, 2008 01:36 pm at 1:36 pm |
  15. Paying Attention

    Chose Hillary over Obama. Chose McCain over Obama. Chose Obama over McCain/Palin.

    September 14, 2008 01:37 pm at 1:37 pm |
  16. Duke

    Gutsy call by the Repugs to pick Palin. They did a good job preparing the battlefield by villifying the press which backed them off for a bit. However, the press is ticked that it was "punked out" by the Repugs and will now expose Palin. I think this could have worked for the Repugs if they had pulled it off about 2 or 3 weeks before the election. There is too much time left and the Repugs cynicism and outright lying will be exposed in enough time for it to be rejected by a majority of American.

    Obama won't win by much, but he will win. Good try Repugs, it was a really good shot that you took, but it is going to fall short.

    No McLowIQ
    No Bullwinkle Killer

    September 14, 2008 01:37 pm at 1:37 pm |
  17. Luisa

    All that money and he still won't win the election.

    McCain/Palin 08 & Hillary 2012!

    September 14, 2008 01:39 pm at 1:39 pm |
  18. Ray

    I'm just tired of being lied to over and over. I tired to keep an open mind but I don't like the amount of lies and smear that is coming out of McCain campaign lately.

    At least Obama usually sticks to the issues, not a script. He and Biden even answer questions from the audience when they appear.

    The same speech over and over is getting really boring... not a whole lot of substance there

    September 14, 2008 01:39 pm at 1:39 pm |
  19. Independent

    It costs the state of Alaska $356,500.00 annually to maintain and staff the Governor’s Mansion in Juneau. That is where the governor of Alaska is supposed to live while serving their term. The State Capitol, and legislature, is about a hundred yards down the street. Governor Palin prefers to live at home in Wasilla, over 600 miles away, and collect per diem, while the state continues to pour the money into the empty Governor’s Mansion in Juneau. That is not efficient or ethical.

    September 14, 2008 01:40 pm at 1:40 pm |
  20. Hypocrisy is the name of the game

    Obama's new ad makes fun of Mr. McCain for his war injuries–revolting
    Yet you have no problem with McCain's ad potraying Obama teaching young children about sex.......hmmm You sir are a hypocrite. Is John McCain okay with sexual preditors targeting young children?????

    John McCain ability to use a computer is not relevant b/c he himself states he is comper illeterate but never mentioned any injuries attributing to his injuries. There are countless of vets with worse injuries than McCain who function everyday and don't use their POW status to get sympathy...........Victomhood is not a strategy. GET A LIFE YOU BOZO.

    September 14, 2008 01:41 pm at 1:41 pm |
  21. AZ Mark

    I'm sick to death of the "divide-and-conquer" tenor that has characterized significant numbers of local, state and national Republican campaigns since the days of Nixon (i.e, anyone who doesn't believe, serve, worship, etc. as we do is an un-American traitor). Based on the maverick image of his past, I was hoping for better from my state's senior senator this year. I thought that John McCain was right in 2000 when he said that the religious right are "agents of intollerance," and again in 2004 when he said that the Swift Boat Veterans for Truth were "dishonest and dishonorable." However, as it stands today, and especially with the addition of Gov. Palin to the ticket with her cultural warrior demeanor, I feel that the Straight Talk Express has veered off onto the low road, and am saddened to see Sen. McCain stoop to this level.

    I was one of the 84,000 people whose job was eliminated in August, so I'm naturally being very cautious about how I spend the money from my savings. However, given that Sen. McCain has apparently sacrificed his moral bearings and is clearly running his campaign from the Rovian dirty-trickster playbook, I decided in late August that I could donate the price of a tank of gas to the Obama-Biden campaign to express my support. I'm proud that the $66 million figure includes my relatively modest donation.

    September 14, 2008 01:41 pm at 1:41 pm |
  22. Princewill Opubo.

    Obama will win in Jesus name. Amen...!

    September 14, 2008 01:41 pm at 1:41 pm |
  23. Wanda in Montana

    We continue to donate to Obama. We've given in the amounts of $10, $15 and $25. The vast majority of the donors to Obama are people like us. Real people. We the people.

    The Republican National Committee has more money than the Democrats. If Obama wasn't accepting our money we would be in a world of hurt to stand up to the Republican Hate Machine. We will stand up. We will donate. We will not allow our country to continue to be run by ignorant idealogues who would keep us in the ditch Bush drove us into and continue digging a deeper rut while we spin our wheels. This is not America. We are better than what Bush has made us. We need to take our country back NOW!

    Now is the time. Donate, donate, donate. Vote, vote, vote!

    Palin is not qualified to be VP much less an old man's hearbeat away from being President. The Republicans know it, the Democrats know it, the media know it. It's the elephant in the room that nobody is saying out loud on television. Why? Where is our Fourth Estate? Why aren't we getting objective truth on this woman?

    People, start writing to CNN, CBS, ABC, NBC and demanding less yelling pundits and more objective analysis of the truth of what both campaigns are claiming about themselves and about the other candidate. McCain/Palin won't be able to stand up to the light of day if we stand up to them and the biased, right-wing propaganda media.

    September 14, 2008 01:42 pm at 1:42 pm |
  24. Kristen

    McCain = LIAR

    September 14, 2008 01:42 pm at 1:42 pm |
  25. Juan Carlos(Las Vegas)

    People do not get to excited, with all this amount of money , bad economy, unpopular war, etc, etc Obama should be at least 10 points over McCain, BUT HE IS NOT. Dems will lose again, believe me they know how to do it.

    September 14, 2008 01:42 pm at 1:42 pm |
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