Thursday, June 28, 2007

"Obama expected to beat Clinton in latest fundraising"

Newsday:
Hillary Rodham Clinton's presidential campaign has gathered an additional $27 million in campaign contributions over the past three months, but will finish behind rival Senator Barack Obama in the money-collecting sweepstakes, a key Clinton aide said.
"To put that figure in some perspective, it is more than any Democrat has ever raised in the second quarter of the "off" year," campaign aide Howard Wolfson said in an e-mailed message. "While that figure is record setting, we do expect Senator Obama to significantly outraise us this quarter."

Although Clinton has consistently led Obama in early polling, the freshman senator from Illinois - a virtual unknown before his "Audacity of Hope" keynote address at the 2004 Democratic National Convention in Boston - has more than held his own in his ability to raise campaign contributions, as he seeks to be come America's first black president.

Obama improved on his race for campaign cash over last quarter, his campaign announced Tuesday, and has now received money from nearly 250,000 people in the first six months of the year. The Obama campaign has not said how much it expects to tally by midnight Saturday, the next reporting deadline. But last quarter the campaign raked in $25.7 million, narrowly trailing Clinton's $26 million first-quarter haul.

Wolfson downplayed the fact that Clinton is expected to trail Obama in this year's second-quarter campaign donations.

"Bottom line is that both campaigns will raise a great deal of money and that we will have all the resources we need to compete and win," Wolfson said.

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