Obama Rakes in $50M, Clinton $35M in February

Democrats flush with cash heading into crucial primaries
By Jonas Oransky,  Newser Staff
Posted Feb 28, 2008 9:14 PM CST
In this Feb. 24, 2008 file photo, Democratic presidential hopeful, Sen. Hillary Rodham Clinton, D-N.Y., autographs a campaign sign for a supporter as she makes a campaign stop at the Rhode Island College...   (Associated Press)
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(Newser) – Barack Obama's campaign will have raised roughly $50 million by the time February ends, the New York Times reports. The record figure overshadows Hillary Clinton's tally of about $35 million for the month, her highest total yet. "It's an extraordinary number for us," said Clinton's campaign chief. The Obama camp hasn't released official figures, but major donors familiar with the tally provided an estimate.

In Texas and Ohio, whose primaries are slated for Tuesday, Obama and his labor supporters continue to massively outspend Clinton. The Democrats' cash flow dwarfs that of John McCain. If Obama ends up being the nominee, his massive war chest will make it difficult for him to accept public financing, along with spending limits, as he indicated he would do last year.