Showing posts with label campaign funds. Show all posts
Showing posts with label campaign funds. Show all posts

Saturday, March 22, 2008

Obama's Campaign Finances Strongest


this speaks to obama's ability to organize and manage finances.

nyt: Of all the candidates, Democratic or Republican, Mr. Obama, of Illinois, is in the strongest financial shape. Of the $38.8 million in cash on hand, a total of $31.5 million is earmarked for the primary race, with only $7.3 million set aside for the general campaign. This primary war chest is more than Mrs. Clinton’s and Mr. McCain’s combined.

On top of that, Mr. Obama’s campaign is almost debt-free. He ended the month owing only $625,059. Over all, Mr. Obama has raised $190 million since he began his campaign, and spent $158 million — the most of any candidate.

Mrs. Clinton, of New York, spent less in February — $31.8 million, or $1 million a day — in the weeks leading up to her March 4 victories in Texas and Ohio, than Mr. Obama — who spent $43 million, or nearly $1.5 million a day.