Obama, Clinton each report more than $30 million for primary
Monday, July 16, 2007
WASHINGTON -- Barack Obama and Hillary Rodham Clinton ended the first half of the year with more than $30 million each for the presidential primaries, a formidable financial performance for the two leading Democratic White House contenders.
Obama reported having about $34 million in primary cash on hand; Clinton reported $33 million.
Obama led in fund raising for the period covering April though June, raising $32 million for the primary election and nearly $800,000 for the general election, according to reports filed Sunday with the Federal Election Commission.
Clinton raised about $21.5 million for the primary and $5.6 million for the general election, her campaign said.
Neither candidate can use the general election money unless he or she wins the nomination.
Obama enters the third quarter with more fund-raising momentum than Clinton. Not only has he aggressively gone after money, he has also worked to expand his donor base. His efforts have netted him more than 250,000 donors for the year. Overall, he has raised nearly $59 million, with all but about $1.7 million devoted to the primary election.
New York Sen. Clinton has raised $53 million, with $12.6 million of that usable only in the general election. Clinton boosted her revenue in the first quarter by transferring $10 million into her campaign from her Senate election account.
The campaigns had until midnight Sunday to file full financial reports to the Federal Election Commission.
Among Republicans filing Sunday, Ron Paul, the Texas congressman running a long-shot campaign, reported raising nearly $2.4 million. The total is a remarkable showing for Paul, putting him ahead of Arizona Sen. John McCain in cash on hand.
Former Massachusetts Gov. Mitt Romney and former New York Mayor Rudy Giuliani, who are leading the Republican field in money and in public opinion polls, reported their finances Friday. McCain and most of the Democratic candidates had until midnight Sunday to file their reports.