September 14th, 2008
10:30 AM ET
14 years ago

Obama campaign confirms they raised $66 million in August

[cnn-photo-caption image=
caption="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. gregg45

    dang tx gal.. not another man that can out do god... wow obobots.. think obama can stop the next disaster to hit the world,, why did he not stop ike??

    September 14, 2008 03:18 pm at 3:18 pm |
  2. Sebastien, from Kamloops, B.C.

    Too bad most of McCain's money comes from private sector-influenced bundling.

    McCain is in bed with their lobbyists as well.

    September 14, 2008 03:30 pm at 3:30 pm |
  3. tim

    Obama is taking your money and throwing it away. Consider giving money to a local charity, Church or real civic group that makes a
    difference. Obama has never even had a job. You folks are like the
    bozos in the Monty Python Movie SEARCH FOR THE HOLY GRAIL where
    the dopes all take off one shoe and run after the guy with one shoe because they think that is the sign.
    Obama is the guy with the one shoe!

    September 14, 2008 03:31 pm at 3:31 pm |
  4. Jude

    Only the democrat party can do it, since the Republicans aren't goin to do it without charging a fee.
    the Republicans aren't giving any handouts, although Texas is a Republican state, they have way more of a chance of getting help from the democrats then waiting on McCain. The democrats stand for Democracy, for the people, especially in time on need such as these.
    Lets see what lies this McBush gurantees his supporters of the state of Texas. He'll probably tell them to wait out the election before he provides them with help, and seeing that his supporters have supported him this far, more than likely they wouldn't mind suffering 4 more years in their current situation due to their ignorance.

    September 14, 2008 03:39 pm at 3:39 pm |
  5. Sarah McCarthy -> U r DEAD wrong

    WOOO woow woww, whata heck!!! you actually think that the SUN is the major cause of Global Warming! O my Dear God! what an idiot person she IS! Please save us from her kind! ....................u stuped idiot person who thinks she is right......CO2 IS the number one cause...........because you see there is a lot of it out there that it traps the sunlight that comes from the sun which is suppose to hit the ground & bounce back to outer space and O MY GOD! you actually needed a simple physics lesson from a high school STUDENT!!!! WOOOW!!!!!!

    September 14, 2008 05:39 pm at 5:39 pm |
  6. Grateful to live in the USA

    After reading these blogs on CNN and elsewhere, I have come to the conclusion that a lof of 'bloggers' need to get a life. What a bunch of whiners! McCain and Obama are both very admirable people. I respect both of them and will be happy whichever one 'wins'. You people all need to get a life!!!

    September 15, 2008 12:56 am at 12:56 am |
  7. Manju Mohammed Konneh

    Felicition obama, u are the right man for the american not mccain. On the day of the debate don't beat him with too much of political latches before he dies. He is politically incapacitated to compete with you. you are a true incoming president of america come november.
    From: Manju Mohammed Konneh
    West Africa

    September 15, 2008 05:59 am at 5:59 am |
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