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July 17, 2008

Obama Raises $52M in June

  Barack Obama raised $52 million last month, boosting his presidential campaign’s fundraising while building up his financial cache for the fall campaign.  The $52 million is Obama’s second best fundraising month of the year — he raised $55 million in February.

The Obama campaign reported $72 million cash on hand and the DNC has $20.3 million for a combined total of $92.3 million in the bank.

The $92.3 million is a combination of cash that can be spent in the remaining summer primary season as well as money that can only be spent from the end of August, after the Democratic Convention, until the general election.

The DNC said it raised $22.4 million in June, a dramatic increase from the $4.7 million it raised in May. The DNC spike in fundraising came after Obama became the presumed Democratic nominee, took some control and appointed one of his key advisors to oversee a joint fundraising effort.

McCain reported raising more than $22 million in June, which was his best month of the year. Together, the McCain campaign and the Republican National Committee began July with about $95 million in the bank. The RNC raised $26 million in June.

The Obama campaign is trying to raise more than $400 million between now and the general election in November so that they can wage a 50 state campaign strategy and WIN.  If you can, please donate: http://my.barackobama.com/page/community/post/samgrahamfelsen/gGxPPJ

Message from Obama campaign below:

We have some big news we want to share with you.

Because of your generosity and commitment, we’re reporting to the press today that this campaign is in a very strong financial position.

In the month of June, supporters like you helped raise $52 million.

But more impressive than the number is how you did it. Hundreds of thousands of ordinary people contributed to building our campaign for change. Many were first-time donors, giving only what they could afford — and the average donation was just $68.

You continue to prove what ordinary Americans committed to change can accomplish, despite the Washington lobbyists and special interest PACs funding so much of our opponents’ campaign.

But we can’t stop now.

It’s going to take everything we’ve got to defeat John McCain and the Republican National Committee in November. And we can’t do it without your continued support.

Can you make a donation of $25 now to strengthen our movement for change? 



I also wanted to share with you another promising piece of news.The Obama campaign and the DNC ended June with a combined total of nearly $92.3 million in the bank. It’s a healthy number. But McCain and the RNC together still have a huge cash advantage, and we need your help to close the gap.

As I mentioned in my video message to you earlier in the week, we’re facing a Republican machine with unprecedented resources at its disposal.
The McCain campaign and the Republican National Committee finished June with nearly $100 million in the bank.

The McCain campaign and the Republican National Committee finished June with nearly $100 million in the bank.


Our campaign does not accept donations from Washington lobbyists and special interest PACs, and neither does the Democratic National Committee. But John McCain and the RNC have no such standards.

Along with the vast amounts of unregulated money being raised by shadowy outside groups, there’s no telling how much they’ll spend running attack ads.

We must work together and fight back against their efforts.

I know this isn’t the first time we’ve asked you for money, and it won’t be the last.

We have developed a strategy — a very aggressive strategy — that will only work if our millions of supporters continue to contribute their time and their money.

We are now on the air with TV ads in 18 states — including 14 that George W. Bush carried in the 2004 election. And in each one we’re also building extensive grassroots field organizations.

It’s all part of our strategy to spread Barack’s positive message and compete in all 50 states.

That strategy will work, and it has to. The stakes are too high and the need for change too great. We are thrilled to be on this journey with you and thank you for all you have done so far. But victory is only possible with your continued help.

We can’t do this without you.Thanks,

David Plouffe
Campaign Manager
Obama for America





1 Comment »

  1. Great Blog post. I am going to bookmark and read more often. I love the Blog template if you need any assistance customizing it let me know!

    Comment by Susan Kishner — July 17, 2008 @ 10:36 am | Reply

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