July 2nd, 2007
12:20 PM ET
9 years ago

McCain to reveal fundraising total at 2 p.m. ET

McCain will reveal his fundraising totals later Monday.

WASHINGTON (CNN) - Sen. John McCain will release his presidential campaign's second quarter fundraising numbers Monday at 2 p.m. ET, the Arizona Republican’s campaign announced.

Several Democratic presidential contenders released their fundraising totals over the weekend, but no Republican candidates have done so yet.

The second quarter ended Saturday at midnight. Candidates are not obligated to report their fundraising and spending reports to the Federal Election Commission until July 15.

July 2nd, 2007
11:20 AM ET
9 years ago

Obama raises $32.5 million in second quarter, sets record

Sen. Barack Obama, D-Illinois.

(CNN) - Presidential contender Sen. Barack Obama announced Sunday his campaign raised at least $32.5 million in the second quarter, the highest amount ever raised by a Democratic candidate, topping the first quarter fund-raising and exceeding predictions from rival Hillary Clinton’s campaign for her take in the same period.

In a statement, Obama’s campaign they received money from over 154,000 donors in the quarter, up from 104,000 donors they cited in the first quarter. The campaign said it raised "at least" $31 million in the second quarter in primary money, and a total counting general election funds of $32.5 million.

In a surprising first quarter performance, the Illinois Democrat raised $25.7 million, worth $24.8 million going to the primary campaign.

Obama said in the statement, "Together, we have built the largest grassroots campaign in history for this stage of a Presidential race. We now have hundreds of thousands of Americans who are ready to demand health care for all, energy independence, and an end to this war in Iraq. That’s the kind of movement that can change the special interest-driven politics in Washington and transform our country. And it’s just the beginning."

Last week, Clinton spokesman Howard Wolfson said he expected Clinton bring in $27 million this quarter, but they have not announced their numbers since the period ended. Last quarter, Clinton raised $26 million, with $19 million in primary dollars.


June 30th, 2007
09:09 AM ET
9 years ago

'08 hopefuls dash for cash

WASHINGTON (CNN) - In presidential politics, money can create the perception of momentum, which is why the herd of 2008 White House hopefuls will be trying to stuff as much cash as they can in their coffers by midnight Saturday to show off their fund-raising prowess ahead of an upcoming federal report.

The Federal Election Commission requires presidential candidates to report their contributions and expenditures quarterly, and Saturday is the end of the second quarter. And although they have until July 15 to actually file their report with the FEC, many campaigns - especially those that did well - are likely to release the figures sooner.

In fact, several campaigns were providing estimates of their second quarter fund-raising even before the reporting period closed.

A spokesman for New Mexico Gov. Bill Richardson said he has raised at least $7 million from April through June, which would be about $800,000 more than he raised in the first quarter. Richardson's overall total will top $13 million, which would put him near the top of the second-tier of Democratic candidates.

Of course, he would still be far behind the front-runners, Sens. Hillary Clinton and Barack Obama, who each raised more than $25 million in the first quarter.

Howard Wolfson, a spokesman for Clinton, indicated Thursday that the former first lady would raise "in the range of $27 million" in the second quarter, which would put her total take for the year north of $53 million. But,trying to tamp down expectations, he said the Clinton campaign expects to be outraised by Obama.

Obama's campaign, which raised $25 million in the first quarter, has set a goal of getting donations from 350,000 people during the second quarter, although it did not attach a dollar total. To beat Clinton's estimate, each of those donors would to give an average of about $78.

Another Democratic hopeful, former Sen. John Edwards, e-mailed supporters Friday morning, telling them that his campaign was within "striking distance" of raising $9 million for the quarter. The campaign later put up a running total on its Web site, saying that $8.7 million had been raised and asking supporters to help top the $9 million mark.

However, even at $9 million, Edwards' fund-raising total for the last three months would be sharply lower than it was during the first quarter, when he raised more than $14 million.

During the second quarter, former Republican Sen. Fred Thompson began raising money to test the presidential waters. However, because he is not a declared candidate and his fund-raising committee was incorporated in his home state of Tennessee, rather than at the federal level, he will not be required to report.

The campaign of another GOP candidate, Sen. John McCain, said it had reached its goal of raising $3 million online during the quarter, although it did not detail any numbers for its non-Internet fund-raising.

McCain shook up his fund-raising operation in April, after his take in the first quarter - $13 million - put him behind both former Massachusetts Gov. Mitt Romney and former New York City Mayor Rudy Giuliani.

June 29th, 2007
05:40 PM ET
9 years ago

Richardson raises $7 million for White House bid

Richardson's camp released its second quarter fundraising numbers Friday.

WASHINGTON (CNN) - New Mexico Gov. Bill Richardson will show that he has raised at least $7 million for his presidential campaign in the past three months, a spokesman tells CNN, one day before the books on the second fundraising quarter are closed.

Richardson has raised more than $13 million for his White House bid from more than 38,000 contributors this year. The New Mexico Democrat raised $6.2 million in the first three months of 2007. And Pahl Shipley, Richardson's spokesman, notes that all of the money raised can be used in the primary.

Richardson's campaign is the second to estimate how much money it raised in the second quarter. On Thursday, Sen. Hillary Clinton's spokesman indicated that the New York Democrat will raise "in the range of $27 million" in this same time period.

- CNN Political Editor Mark Preston

June 29th, 2007
01:27 PM ET
9 years ago

Edwards: Within 'striking distance' of $9 million

Edwards said Friday he is close to his $9 million fundraising goal.

WASHINGTON (CNN) - With the second quarter filing deadline looming, former North Carolina Sen. John Edwards is hinting that he has raised nearly $9 million since April.

In an e-mail to supporters Friday morning, Edwards appealed for last minute contributions and wrote, "We're in striking distance of our $9 million fundraising goal."

It is not clear what Edwards' definition of "striking distance" is though.

In the same e-mail, the presidential hopeful continued his effort to capitalize off of his wife Elizabeth's on-air clash with conservative commentator Ann Coulter earlier in the week. He is now encouraging supporters to let "Elizabeth know how proud we are of her by leaving a personal message for her when you contribute."

The second quarter deadline ends Saturday at midnight.

- CNN Ticker Producer Alexander Mooney

June 28th, 2007
11:33 PM ET
9 years ago

Axelrod mum on fundraising

WASHINGTON (CNN) - While top Obama strategist David Axelrod predictably touted his candidate's performance at Thursday's debate, he was mum on the battle for fundraising dollars.

"We'll see," Axelrod said with a smile, when asked if Illinois Sen. Barack Obama would beat top rival, New York Sen. Hillary Clinton, in second quarter fundraising.

"I feel good about what we have done," Axelrod added. "As I speak we have received donations from more than 250,000 people, which is historic - it shows the support at the grassroots."

- CNN Ticker Producer Alexander Mooney

June 28th, 2007
07:46 PM ET
9 years ago

Obama exceeds 250,000 donors

WASHINGTON (CNN) - Sen. Barack Obama, D-Illinois, has exceeded his goal of receiving contributions from over 250,000 Americans in the last three months, his presidential campaign announced Thursday evening.

The campaign has received almost 344,000 individual contributions as of 7:35pm ET and hopes to exceed 350,000 by midnight Saturday, the end of the second quarter filing period.

Obama more than doubled the 104,000 contributors who donated to his campaign in the first three months of the year.

Earlier in the day, Howard Wolfson, a spokesman for Sen. Hillary Clinton, said that while the former first lady expects to raise $27 million for the second quarter, "We do expect Senator Obama to significantly outraise us this quarter."

All presidential candidates must report their fundraising activity through June 30 in detailed reports to the Federal Election Commission, due by July 15.

June 28th, 2007
02:20 PM ET
9 years ago

Clinton official: A $27 million quarter

Clinton will likely surpass her first quarter fundraising haul.

WASHINGTON (CNN) - Sen. Hillary Clinton will likely surpass her presidential fundraising haul of $26 million collected in the first quarter of 2007 by about $1 million, the New York Democrat's presidential campaign spokesman stated Thursday in a blog posted on her campaign website.

"We expect to bring in what we did in the First Quarter, or slightly more, which would put us in the range of $27 million," wrote Howard Wolfson, Clinton's communication director. "To put that figure in some perspective, it is more than any Democrat has ever raised in the second quarter of the 'off' year."

But Wolfson added that the Clinton campaign expects one of her chief rivals, Sen. Barack Obama, D-Illinois, to outraise them in the second quarter.

"While that figure is record setting, we do expect Senator Obama to significantly outraise us this quarter," he wrote.

Oftentimes, campaigns will seek to lower projections on their own fundraising goals, while seeking to increase expectations of their opponents. There are still three days remaining for campaigns to raise money before the books on the second quarter close Saturday at midnight.

An Obama campaign official did tell CNN Thursday morning that the Illinois Democrat has more than doubled the number of new individual contributors to his presidential campaign in the second quarter, and has a goal of 250,000 unique contributors by Saturday night.

Obama reported raising $25 million in the first quarter of 2007. He is expected to at least match and will likely show that he has exceeded that fundraising number when the final figures are made public.

- CNN Political Editor Mark Preston

June 25th, 2007
03:18 PM ET
9 years ago

Romney says he will loan his campaign more money

Romney said Monday will give money to his campaign for a second time.

WASHINGTON (CNN) - Former Massachusetts Gov. Mitt Romney, who is estimated to be worth at least $250 million, said Monday he will make a second contribution to his presidential effort. He called the move a "nightmare."

Romney, who loaned his campaign over $2 million in January, said he was forced to make a second loan in order to continue to get his message out and finance advertising in crucial campaign states. The Massachusetts Republican declined to say how much he will give his campaign this quarter.

"It would be nice not to have to loan or contribute to your own campaign," he told reporters during an all day national fundraising call event on Boston. "But the reality is if you want to have a strong campaign that gets out there and can talk across the nation, you’re going to have to do what's necessary. If other people are making sacrifices, I sure have to as well."

"It's not a dream come true. In some respects, it’s kind of a nightmare to write checks from your own bank account," he added.

Romney, who was little known beyond his home state when he launched his presidential bid, has steadily aired commercials in Iowa and New Hampshire since February. He said Monday that his campaign has already spent $3 million on television advertising. His chief rivals for the GOP nomination, Arizona Sen. John McCain and former New York City Mayor Rudy Giuliani, have yet to run television ads.

Including his own donation in the first quarter of 2007, Romney raised $23 million - a total well ahead of the other Republican presidential candidates. He predicted Monday that he would raise less in the second quarter, which ends Saturday, but said the campaign has more than doubled the number of contributors.

- CNN Ticker Producer Alexander Mooney

June 25th, 2007
01:10 PM ET
9 years ago

Race to '08: Romney's money

Listen to the latest Race to '08 podcast.

WASHINGTON (CNN) - CNN's Bill Caiacco talks with CNN Senior Political Correspondent Candy Crowley about Mitt Romney's presidential campaign finances, in the latest Race to '08 podcast.

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