The Barack Obama campaign receives 500,000 new donors. John McCain took in $47 million in donations. Obama surpassed his February high of $55 million with a record $66 million. Questions still arise. Barack Obama raised $66 million in August. The campaign donations exceeded his February high of $55 million in February. Rival John McCain received $47 million.

Obama Campaign Raises Record $66 Million

By Mary Couchman
Sep 14, 2008 16:45 PM GMT
The Barack Obama campaign receives 500,000 new donors. John McCain took in $47 million in donations. Obama surpassed his February high of $55 million with a record $66 million. Questions still arise.

Barack Obama raised $66 million in August. The campaign donations exceeded his February high of $55 million in February. Rival John McCain received $47 million.

According to the latest figures, Democratic presidential candidate Barack Obama has $77 million cash immediately available. The Obama campaign picked up 500,000 new donors during the month of August.

Barack Obama and Republican presidential candidate John McCain are dead even in opinion polls.

John McCain raised $47 million in private fundraising during the month of August. The Arizona senator has access to $84 million cash immediately available.

Obama broke his February all-time high of $55 million in August.

Some analysts say that even though Obama raised more money in funding, the Illinois senator may not have as much advantage when it comes to advertising spending.

Fundraising analysts for Obama still caution that he has to do better in September and October. McCain still has the Republican National Committee which has more money to spend than the Democratic Party.

McCain benefits from money contributed to the coffers of the Republican National Committee, which has been more successful at raising money than the Democratic Party.

Further details on both campaigns will be released later this week. The monthly financial reports are due at the Federal Election Commission which could provide more information.


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The Barack Obama campaign receives 500,000 new donors. John McCain took in $47 million in donations. Obama surpassed his February high of $55 million with a record $66 million. Questions still arise.