Monday, July 16, 2007

Clinton, Obama keep pace in money race

WASHINGTON - Obama and Clinton ended the first half of the year with more than $30 million each for the presidential primaries, a formidable financial performance for the two leading Democratic White House contenders. The next leading democratic candidate, John Edwards, came in with $12 million giving them both a huge lead. Obama reported having about $34 million in primary cash on hand; Clinton reported $33 million. Neither candidate will be able to use the general election money unless he or she wins the nomination. Obama enters the third quarter with more fundraising momentum than Clinton. Not only has he aggressively gone after money, he has also worked to expand his donor base. His efforts have netted him more than 250,000 donors for the year. Overall, he has raised nearly $59 million, with all but about $1.7 million devoted to the primary election.

5 comments:

Brown Bear said...

Dang! That is a lot of money. Too much if you ask me. I think it is wrong that so much money is spent on campagin. All that money could/would solve many problems. (povery?)

Unknown said...

It's crazy that all the amount of money is getting insanly higher every election! It's extremely unbelievable. The money is spent for bumper stickers, posters, and all the goods to drive the campaign all over the states.
Like, BROWN BEAR (above) said, the money could be used to solve problems instead of promotion of a candidate!

theyellingqueen said...

I think that thats way too much money to spend on a campagin and that it seems like thats all they care about is money. I also agree with brown bear, "all that money could/would solve many problems"

DrPepper6pk said...

I also agree; 30 million dollars is a lot of money to spend on a campaign, and people wonder why the government doesnt have enough to spend on education.....

dj75 said...

I feel that if they want to spend all that money then nothing should stop them. It seems like the more they spend the more likely they will get attention and I think they really want the attention. The spending on the campaign could really make a difference between the candidates' votes.