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Mad Money! Clinton Raises $35 Million...Obama, $50M


By

Jen Chung

Published Feb 29, 2008

Modified Mar 7, 2008


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By

Jen Chung

Published Feb 29, 2008

Modified Mar 7, 2008


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2008_02_clinobam20.jpg
Photograph of Clinton and Obama before the Ohio debate earlier this week by Rick Bowmer/AP

Hillary Clinton's campaign happily announced that the Senator from New York had raised $35 million during February, her best month ever. Adviser Harold Ickes used the news to accentuate the positive, "We have been through a dry period in the last eleven contests but we are about to start our upswing." Clinton is thrilled with the fundraising efforts, saying, "It’s incredibly gratifying to see people coming forward with their vote of confidence." She also said her $5 million personal loan to the campaign was not paid back.

However, Barack Obama's spokesman said Obama had raised "considerably more" than that - about $15 million more for a rumored total of $50 million. Obama spokesman Bill Burton said, “It’s a leap year. There’s one more day.”

Still, the $35 million for Clinton is good news, as it gives her campaign the money to continue to fight for Texas, Ohio, Vermont and Rhode Island, which have primaries next Tuesday. Previously, there were concerns Clinton's campaign coffers could be near empty, as fundraising never kept up with Obama's pace (he raised $36 million in January to her $14 million). His flush campaign has been able to buy "choice real estate" in TV media, buying spots during American Idol in the four March 4 primary states.

And while Obama is sitting pretty with all these millions, his earlier promise to only spend, if nominated, "$85 million available in public financing between the convention and Election Day," is giving Republican frontrunner John McCain another reason to attack him. Obama had said during the debate, if nominated, he would work something out with McCain"that is fair to both sides." But McCain said, "The fact is, Senator Obama signed a piece of paper and pledged to take public financing for his campaign if I did the same. I believe that Senator Obama should keep his commitment also, which means taking public financing."

Tagged

American Idol

barack obama

clinton

election 2008

election day

fundraising

good news

hillary clinton

john mccain

new york

obama

ohio

Politics

real estate

republican

rhode island

Rick Bowmer

Senator Obama

texas

this week

tv


Jen Chung

Jen Chung is a former WNYC and Gothamist editor.

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Gothamist is funded by sponsors and member donations


Gothamist is funded by sponsors and member donations


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