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September 5, 2008 10:04:26 PM CDT

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Obama Raises $30M in March

Posted Apr 2, 08 8:57 AM CDT in Politics 

(Newser) – Barack Obama had a tough March, but his campaign raised upwards of $30 million, reports Time—less than February's $55 million but enough to give him a hefty margin over Hillary Clinton’s estimated $20 million. Clinton's campaign, which hasn't released its March results yet, has been dogged by vendors publicizing her debts, which totaled nearly $9 million at one point.

Campaign debt is normal, but one insider worries that it could be a problem if she loses. "If you have a $10 million debt when this thing is over," he notes, "she has to pay it off, and then, 4 years later, raise $30 million to $40 million"  to win re-election to the Senate.

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Democratic presidential hopeful, Sen. Barack Obama, D-Ill., is still ahead of Sen. Hillary Clinton, D-NY, in the fund-raising race.   (AP Photo/Charles Dharapak)
Democratic presidential hopeful, Sen. Barack Obama, D-Ill., is still ahead of Sen. Hillary Clinton, D-NY in the fund-raising race.   (AP Photo/Alex Brandon)
Campaign cash through February. Clinton's campaign has not yet released her March books.   (AP Photo)
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Barack Obama  • Hillary Clinton  • election 2008  • campaign fundraising


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