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Obama Raises $30M in March

Clinton estimated at $20M amid concern about mounting debts, delayed payments

By Lucas Laursen,  Newser Staff

Posted Apr 2, 2008 8:57 AM CDT

(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.

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