Tuesday, December 02, 2008

Obama Raises Nearly $1 Billion During Campaign

OBAMA CLOSE TO RAISING $1B – Politico's Jeanne Cummings: 'A financial disclosure report scheduled to be released Thursday is expected to show that Obama raised more than $100 million in the final month of the campaign ... That will bring the grand total for his campaign to more than $750 million - more than the combined sum raised by President George W. Bush and his Democratic rival, John F. Kerry, in the record-setting 2004 campaign and nearly as much as the total raised by all the presidential contenders then. The Obama team also helped raise more than $50 million for the Democratic convention's host committee in Denver and more than $100 million for the Democratic National Committee. He's still raising money for his transition and Inauguration. Four years ago, Bush raised $40 million for his Inauguration.'