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. Big D

    I wish Obama didn't have to raise this much money to confront the RNC and McCain's lies. I also wish everyone would consider that there are future consequences for the lie-filled campaign that McCain is running now. Think what the next election cycle wil be like if McCain wins now, after promising to run with integrity, but then resorting the the lies and smears that his campaign has spread. How nasty is the next election going to be, after we continually see how going negative and lying win?!? And think how divided our nation is going to continue to be. Think how divided Congress will be, if they have to work with a President who acted this way during a campaign. After this administration lied to us so many times, why would anyone be willing to elect another lie-teller? If McCain lies this much during the campaign, we can't expect him to suddenly have integrity after he's elected. We've got to think further than just this election. There are horrible consequences if the campaign that tells the most lies and smears the most goes on to win.

    September 14, 2008 01:43 pm at 1:43 pm |
  2. Wisest one of All

    Fools and their money really do soon part. Proven fact!

    September 14, 2008 01:43 pm at 1:43 pm |
  3. CL OT

    All the money in the world wont get this guy elected.

    September 14, 2008 01:43 pm at 1:43 pm |
  4. Andrea

    Amazing!!! What a brilliant organization, this is who we need to run OUR( All Americans, not a select few) Country.

    September 14, 2008 01:44 pm at 1:44 pm |
  5. stacy

    If Obama looses, how many gazillion dollars have been wasted?

    September 14, 2008 01:45 pm at 1:45 pm |
  6. obama fan

    If none of the Repubs vote for Obama, and McCain gets in the White House. I do not want to hear anybody complain about the next four years of he!!!!!!!

    September 14, 2008 01:45 pm at 1:45 pm |
  7. Kate from Vancouver

    Did anyone see yesterday's BBC documentary of our troops in Iraq? It followed two different combat patrols and showed how our troops are being killed and conversely how they are treating the Iraquis.

    Several troops were asked to comment (no questions were asked of them) and EVERY ONE OF THEM said that they hated being there. They don't agree with the policies that have put them there and they are worried that the ridiculous involvement in a civil war is destroying our country's economy and prestige. One said that he can hate the leaders and policies of our country but still love his country. The documentary ended with General Petraius being interviewed and saying that the word "victory" will never apply in Iraq. He sounded more like Obama than McCain.

    Those of you siding with McCain – remember that soldier in Iraq... You can hate policies without hating your country. You have a chance to change our policies and save our country. Vote Obama/Biden.

    September 14, 2008 01:46 pm at 1:46 pm |
  8. California Voter

    and so does money buy you the election????? Obama didn't have the guts to pick Hillary Clinton as his VP. He chose the "safe" person. Who did McCain pick - someone no one expected and someone who actually has more executive experience than Obama. Now that takes guts and out of the box thinking . . . the old maverick is coming out!

    September 14, 2008 01:46 pm at 1:46 pm |
  9. future-with-peace

    I am Russian American who is not interest more wars and death to children. I decided to go with Obama. Peace Love and Justice. Palin make me to go with Obama because the only thing she ready for is WAR like Bush was. ENOUGH IS ENOUGHT

    September 14, 2008 01:47 pm at 1:47 pm |
  10. obama fan

    oh yea!! I love Obama!!! GOOOOOOO!!!!!!!!!!!!!!Obama!!!!!!!!!!!!!!!!!

    September 14, 2008 01:47 pm at 1:47 pm |
  11. Len

    New ad idea for Senator Obama: McCain & Palin want to sell the American people a bridge... the cost ? - Four more years of the same. Thanks but....no thanks!

    September 14, 2008 01:48 pm at 1:48 pm |
  12. shahid

    I see the majority in here are Obama supporters. One would think his polls would be way higher than those of McCain. What's wrong? Is it because empty bucket makes a louder noise?

    Also, Palin is only a VP. Why the attacks keep piling on her. Why don't you guys go after McCain – apple to apple please.

    September 14, 2008 01:50 pm at 1:50 pm |
  13. LOL in Nebraska

    JUST THE FACTS! -No Lies – Guess that means Obama/Biden win.
    McCain/Palin seem to have trouble telling the truth an/or sticking to the facts.: Like What will make my life, my future and America a better place to be in years to come.

    September 14, 2008 01:50 pm at 1:50 pm |
  14. Christine

    Playing the angry black man now is not a winning strategy. It's just what McCain wanted him to do. He's making Obama do a little dance for him. Obama is stuck in an endless freefall of reacting. Death spiral.

    September 14, 2008 01:50 pm at 1:50 pm |
  15. BP

    After hearing Palin and reading about some of the things she's done in the past, I started giving to the Obama campaign. There is no way she should be on the Republican ticket. I'm not going to have my children doing "hide under the desk" nuclear bomb drills. I can never forget these drills. I'll be giving more and more money if that what it takes.

    Independents Against Palin.

    September 14, 2008 01:50 pm at 1:50 pm |
  16. Uncle Sam

    More money. Less support. Poor investment.

    September 14, 2008 01:52 pm at 1:52 pm |
  17. Sojourner2008

    I gave $100.00 in August and $50.00 (+ another $50.00 to Red Cross thru the Obama site) today before I read this article. In two weeks, another $100.00 is on the way. I have NEVER given this kind of money to a political campaign. After listening to Gov. Palin's interview, I am compelled to continue. I am a professional who is not hurting as others around me. However, I feel that we must live in a country where ALL have the opportunity for the American Dream. For the last 8 years, it has been harder for people to reach AND even maintain their economic position in this country.

    ENOUGH!!!

    We must get ready for the final days. The RNC and McCain/Palin are coming with ALL guns loaded. Stay FOCUSED on the ISSUES. Buckle down . . . we're in for a ride! But . . .

    YES WE CAN!!!

    Obama/Biden '08

    September 14, 2008 01:53 pm at 1:53 pm |
  18. lynn

    Funny how the McCain supporters are still spouting on about their campaign lies about the bridge to nowhere when Palin's claims have been disproven by everyone including herself. Talk about drinking the koolaid!!

    Young people must counter the older white vote to take their cointry back. Obama is respected by world leaders of all the world leaders her visited on his overseas trips.

    McCain's antics and his choice of Palin will NOT help America's standing in the world and will make America LESS SAFE.

    September 14, 2008 01:54 pm at 1:54 pm |
  19. Karen

    Making sure Obama/Biden are the ones sitting in the White House come January is America's last chance! If anyone out there has not yet contributed to their campaign, DO IT NOW!!! Time is short, the hour late, the matter urgent!

    September 14, 2008 01:54 pm at 1:54 pm |
  20. Greg

    Leslie: Clinton was offered bin laden at least twice so dont lay that on Bush.
    Oil profits are part of capitalism. The United States government gets more per gallon of gas than the oil companies.
    Democrat War 58000+ killed Vietnam
    Weather patterns are cylicular
    Universial Healthcare=Socialism redistribution of wealth is ignorant
    If a personI am much better off is out of a job the they are either lazy or they feel the are to qualified for some work.
    United States should do what is the best for our country not the world.
    Banking institutions giving unqualified mortgages to people who couldnt afford them
    Iran will get nuke with Obama in office
    I made more money and paid less in taxes while G.W. was in office than Clinton and am much better off now

    BY READING YOUR BLOG LESLIE YOU MAY WANT TO MOVE TO A COUNTRY THAT IS GOVERNED BY SOCIALIST, JUST AN IDEA

    September 14, 2008 01:54 pm at 1:54 pm |
  21. Maggie

    I have been donating $25/month for a few months now and also consider it an investment in the future.
    However, I believe, and the polls show, that much of America is completely uneducated and uninformed. The poor and uneducated are often religious and will only vote on issues like abortion and gay marriage. What they don't realize is that the Repugnant-cans are a party of mostly wealthy old white men that don't care a bit about their loss of jobs or lack of access to healthcare or education.
    Nothing will ever change- McCain will win, and the people who vote him in deserve what they get.

    September 14, 2008 01:55 pm at 1:55 pm |
  22. CLESTER JOHNSON

    OBAMA IS ABOUT CHANGE, AND WE CAN NOT HAVE THE SAME FOR ANOTHER 4 YEAR , MAN OR A WOMAN, PEOPLES WE DO NOT ONLY WANT TO TKE THE WHITE HOUSE WE WANT THE CITY, STATE, AND THE BUSINESS. WE ARE THE PEOPLES THAT WILL MAKE THIS TODAY A GREAT NATION, BLACK AND WHITE , RED AND YELLOW, FROM SEA TO SEA, AND BY STANDING TOGETHER, WITH ALL A BEST EDUCATION, ALL WORKING WITH A BEST PAY FOR THE JOB AND WE ALL HAVE ENOUGH TO HAVE WHAT WE NEED TO LIVE WELL. AMEN. POOR WILL BE GIVEN A JOB, INSURANCE NOW WELLFAIR, WE WANT TO HELP OUR SELF, GO OBAMA LEAD THE COUNTRY AMEN.

    September 14, 2008 01:55 pm at 1:55 pm |
  23. Stop the Insanity

    To those who want to know how Obama can raise this much money? Do the math, it's very simple. Shame how some of you Anti Obama people come in here pretending you know everything about how politics work, how inexperienced Obama is, but you can't figure out how Obama is able to raise so much money or even look up the facts. I guess willful ignorance is bliss.

    September 14, 2008 01:55 pm at 1:55 pm |
  24. Christine

    $ doesn't change the fact he is losing. It just makes it more pathetic.

    September 14, 2008 01:55 pm at 1:55 pm |
  25. Yes we can!

    Obama talks about unity and they Democrats are talking about the issues. The Republicans are running a smear campaign because they have nothing to stand on.

    Fellow Dems, money is good but please get out there and support your local swing state. It will give you an idea of what the campaign is really about – for the people by the people. I cannot describe it – it really energized me to get out there.

    Let's win this thing and get our wonderful country back on track.

    September 14, 2008 01:55 pm at 1:55 pm |
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