Obama raises $66 million in August
Sep 15, 12:21With each passing month it seems like Obama’s fundraisers are getting better and better. In August, The young Senator broke his previous record with $66 million raised. His previous best was $55 million, which he raised in the midst of battle with Hilary Clinton in February. His main opponent may have changed, but the cash flow still hasn’t.
The campaign reported that more than have of the total came from new donors, which is always a good sign. It shows that his following is growing and more people are starting to believe in him. Of course this is partly predictable, since only two candidates remain now and the people who supported other candidates in the primaries often change their minds, but it is still a good thing to see.
At the end of August the campaign had $77 million on hand opposed to $66 million in July. Once more, Obama was able to raise more than McCain, but he will definitely need that since he has vowed to not use public funding like the Republican candidate is. Obama doesn’t want to use public funds because he feels that it is part of a broken system, one which he hopes to fix if he becomes president.
