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Obama Rakes in $52M in June

So much for losing his fundraising power

By Kevin Spak, Newser Staff

Posted Jul 17, 2008 8:31 AM CDT

(Newser) – Barack Obama is back up in the fundraising stratosphere, pulling in $52 million in June, the campaign said today. The total is just shy of the record $55 million he drew in February, and it more than laps John McCain’s $22 million take in June. The total lays to rest speculation that Obama was in for another down month after raising “only” $30 million in April and $21.9 million in May.

Obama's June total was the product of many small contributions, with the average donor giving just $68, campaign manager David Plouffe said in an email to supporters. But Obama’s financial advantage has been offset by large contributions to the Republican National Committee, Reuters notes; the GOP had nearly $68 million on hand at the end of June and its Democratic counterpart just $4 million.

Barack Obama speaks at a roundtable discussion on nuclear non-proliferation held at Purdue University in West Lafayette, Ind., Wednesday, July 16, 2008. (AP Photo/Jae C. Hong)

Barack Obama listens to panelists at a roundtable discussion on nuclear non-proliferation held at Purdue University in West Lafayette, Ind., Wednesday, July 16, 2008. (AP Photo/Jae C. Hong)

Barack Obama smiles as he is introduced by former Indiana Rep. Lee Hamilton, not pictured, at a campaign stop in Washington, Tuesday, July 15, 2008. (AP Photo/Jae C. Hong)

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So much for losing his fundraising power

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Obama, Others Won't Return Ponzi Cash

Receiver wants the $1.8M Allen Stanford gave to politicians

Chinese VP Arrives in Washington

Xi Jinping, China's next president, to meet with Obama

Detroit Bust Would've Been Better Than Bailout

Ex-Prez Bush says bailout his idea, and a good one

Obama Unveils $3.8T Budget, Targets Rich

Budget would institute 'Buffett Rule,' boost infrastructure

Stop the Billionaires: Amend the Constitution

Jonathan Alter: Citizens United, super PACs killing our democracy

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Obama Rakes in $52M in June

So much for losing his fundraising power

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OTHER STORIES ON OUR RADAR

Barack Obama • Obama 2008 • online donations • political donations

MOST POPULAR STORIES

[ By Views ]

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More Newser Stories

Obama, Others Won't Return Ponzi Cash

Receiver wants the $1.8M Allen Stanford gave to politicians

Chinese VP Arrives in Washington

Xi Jinping, China's next president, to meet with Obama

Detroit Bust Would've Been Better Than Bailout

Ex-Prez Bush says bailout his idea, and a good one

Obama Unveils $3.8T Budget, Targets Rich

Budget would institute 'Buffett Rule,' boost infrastructure

Stop the Billionaires: Amend the Constitution

Jonathan Alter: Citizens United, super PACs killing our democracy

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Newser By Users

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