Snappy newsletters. Simple Facebook sharing. Spirited comments. Sweet features are waiting… GET THEM NOW!

Hot on Facebook
Uproar After NC State Agent 'Fixes' Girl's Lunch Preschooler has to eat chicken nuggets instead of mom's meal »

Obama Raises $25M in a Single Day

Candidates' financial strategies illustrate different approaches

By Kevin Spak,  Newser Staff

Posted Jul 21, 2008 11:47 AM CDT

(Newser) – Barack Obama brought in more donations on the last day of June than John McCain did in the entire month, Politico reports. The unprecedented $25 million day accounted for nearly half of Obama’s $54 million total. It was one of five days on which the campaign brought in more than $1 million; John McCain had no million-dollar days en route to raising $22 million in June.

But Obama will need to match his mammoth total every month to challenge the $200 million-plus the Republicans National Committee intends to raise for McCain. The $27 million McCain spent in June just edged Obama’s $26 million, but they spent the cash in radically different ways. McCain sank $16 million into advertising, Obama only $5 million. Instead, Obama spent money building a nationwide ground network.

Barack Obama speaks at a fundraiser in New York in this July 9, 2008 file photo.
Barack Obama speaks at a fundraiser in New York in this July 9, 2008 file photo.   (AP Photo/Jae C. Hong)
Barack Obama speaks at North Carolina Central University during a fundraising visit in Durham, N.C., Thursday, Nov. 1, 2007.
Barack Obama speaks at North Carolina Central University during a fundraising visit in Durham, N.C., Thursday, Nov. 1, 2007.   (AP Photo/Gerry Broome)
Democratic presidential hopeful, Sen. Barack Obama, D-Ill, speaks during a fundraising event in Boston, in this Dec. 2, 2007 file photo.
Democratic presidential hopeful, Sen. Barack Obama, D-Ill, speaks during a fundraising event in Boston, in this Dec. 2, 2007 file photo.   (AP Photo/Bizuayehu Tesfaye, File)
Barack Obama speaks to supporters during a fundraising concert at the Gibson Amphitheatre in Universal City, Calif., near Los Angeles Monday, Dec. 10, 2007.
Barack Obama speaks to supporters during a fundraising concert at the Gibson Amphitheatre in Universal City, Calif., near Los Angeles Monday, Dec. 10, 2007.   (AP Photo/Kevork Djansezian)
« Prev« Prev | Next »Next » Slideshow
To report an error on this story, notify our editors.
A snapshot of the day's best news stories.
 
COMMENTS
Be the first to comment on this story.

More Newser Stories

Small Donors Gave 48% of Obama's 2011 Donations

Why Obama's Not Inevitable

Full Game Change Trailer Debuts

Obama's 2011 Haul: Less Than Bush's in 2003

Game Change Trailer Stars Terrifying Sarah Palin


NEWS FROM OUR PARTNERS
Other Sites We Like:   24/7 Wall St.   |   Betty Confidential   |   BuzzFeed   |   Cracked   |   Fark   |   Timelines   |   The Frisky   |   Geek Sugar   |   NewsOne