Friday, December 5, 2008

We're in the money!

Final Official Obama Fundraising Number -- a Record-Setting $745 Million

December 04, 2008 9:15 PM

From October 16 until November 24 (the Federal Election Commission filing period) the Obama campaign reports raising $104,124,845 from 1,124,238 contributors, in an FEC reported filed this evening.

That means President-elect Obama campaign raised roughly $745 million for his 2008 presidential campaign.

Sen. John McCain, R-Ariz., raised roughly $320 million, including the $84 million from entering into the public financing system.

This does NOT include money from the DNC and RNC. When those numbers are taken into account, we expect the Democrats to have raised closer to one billion dollars, compared to roughly $630 million for the Republicans.

Which means the President-elect had, roughly, a $400 million advantage.

ABC News' Tahman Bradley points out that Mr. Obama's total exceeds that of all 2004 candidates combined. They raised $673 million.


In this election Democrats finnally overcame the Republican advantage in money raising. How much of this was because of the "Netroots" and how much was because people contributed to see the backside of the Bush Administration is still a question.

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