Obama Raises $51 MillionAug 17, 09:22 PM
Barack Obama had a phenomenal turnout from fund raising in July, raising over $51 million in total. The statement was recently released and stated that over 65,000 new donors contributed to the total. The campaign has now raised over $2 million in funds and currenlt has over $65 million cash on hand.
The Democratic National Committee reportedly raised $27.7 million in July, most of which will be going to Obama’s campaign. Both the Committee and Obama’s campaign are suggesting that the high fund raising numbers are a reflection of the good that Obama can bring for the nation.
The Republican National Committe and John McCain are thought to have raised about $26 million a piece in July. Obama’s campaign has been boosted with the amount of money coming in, but the Republicans have managed to keep pace most of time. A huge money difference probably won’t occur in this election, making all the others factors all the more important.