(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.
By the people for the people!!
Imagine how many families could be helped out of their gas money woes and mortgage crises with that kind of money...
I"m a part of that $66 million.....time to bring it home. We don't need the liars in the white house. This is what Public Finance is suppose to look like.
Its very obvious what the Rep. are doing. I too donated in August. If the Dems don't get out the vote, don't complain about the situation later. We have too much at stake here. A womans wright to choose. Moore war. Higher taxes. Failed health care. Lost of jobs. Economic downturn. Mortgage forclosures. WAKE UP PEOPLE!!!!!
I think we hear too many "half-truths"!
when its all said and done, obama would have spent billions in this campaign to disguise the inexperience, thin resume and attack ads on mccain and palin.
Yeah baby! The polls say he is behind.. well who is donating all the cash the..the tooth fairy?? Go Obama go!! I will get my chequebook out right now.. sweet!
LOL! NObama need more than that, DNC and NObama are short in funds by AT LEAST $100 million
Enough is Enough...
Si Se Puede, Mi Amigos. !!!!!!!!!!!!!!
I'd be curious to know how much was given to Obama just during RNC. I know I listened to McCain's speech (with difficulty) and immediately jumped online to donate $10 to Obama.
We have no choice. For the sake of this country's future, we HAVE to win this election!!
"No way. No how. No McCain/Palin." - Hillary Clinton
It just goes to show that money, and only money is the deciding factor in this election. It is truly a shame that all of this money is being used to get one of two people elected. Going off of the figures in the article, $168 million can help a very large number of people that truly need help instead of buying an election for one of the two candidates.
It is a great feeling in knowing that each candidate is prepared to waste so much money to attain the presidency.
Good for the Obama team.
Look how McCain has run his campaign with all his lies and negative attacks on Obama. Do the McCain supporters think that people in the United States only see this?
This is really a concern on how this country is viewed. Leaders and people all over the world are watching this election process. And all they see is how McCain has lied and has played dirty – Do you think that Leaders in other countries are going to believe anything, or trust McCain – I don't.
WE are too gullible of a country Not to put the right man in the seat and Obama is the man. He is a natural true leader, who has run a extremely good campaign and is someone leaders around the world and the people of this country can trust.
Thank you "SMART" American voters ....you are helping to PROTECT our GREAT NATION from the trigger-happy McCain/Palin team. Palin is already acting like George Bush by trying to BLOCK the subpoenas.. and she and McCain seem to have trouble telling the TRUTH.
You guys in MSM have been proven to be nothing but blowholesthat speculate and fib when you have no idea what to do to get paid. Two weeks ago, some idiot at NYT claimed that Obama fundraising was anemic. Now you are shocked but without remorse. You are the same blowholes reporting fabricated poll numbers and how McCain is leading. You have been wrong on Obama ever since he entered the race. Why should anyone believe you?
Great, so now he has almost as much cash on hand as McCain received after his convention from public financing (Obama = $77 million to McCain's $84 million).
I will never vote for Obama and don't care how much he brought in during August.
McCain/Palin are the only 2 for the job
The false mesiah will need every penny.
Vote McCain or join the insane
Modern times dictate changes in campaign financing therefore, I suggest any funds remaining ater election day from all candidates be "donated" to the federal treasury as a token gesture toward fiscal responsibility. We must begin sometime!!!
If I could give some money to his campaign than I surely had done it from the first day.
However I am a European citizen so its not allowed to give any money. I know a lot of Europeans who really want to donate if it was allowed.
But anyway......Barack you got our attention ! And our support !
My question is with so much money you would think Obama would be way ahead. The problem is you can have all the money in the world, but if people don't believe in the message he won't win.
Yeah! I wonder how much cash is coming in from the Middle East too?
YES WE CAN.
It just boggles my mind that you Dems are so eager to put a college grad in a CEO position. Do you think GE, GM or Hewlett-Packard would blindly hire someone fresh out of college to be the CEO of their company? You Dems are out of your mind.
You Dems want a trainee fresh out of medical school doing your complicated brain surgery. I hope you get what you deserve then.
There can only one explanation for this thinking: Your eagerness to put Obama in the White House is more an anti-Reublican statement than it is putting a qualified candidate in the Oval Office.
A house divided:
If betting on the right horse bring someone like George Bush to the white house-what about you betting on the wrong DONKEY if you vote Repub this time.Nothing wrong with raising the IQ of the president this time! Obama 08