Obama Raises Record-Setting $55 Million in February

by Jarrett Martineau | March 6, 2008 at 05:13 pm
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It's fascinating to note that more than half of Obama's donations came from people who were first time contributors. And Obama continues to play to his strengths by encouraging his supporters, especially younger people, to become involved and make contributions online, in whatever amounts they can afford. That he raised almost 90% of this huge amount through donations of less than $100 is testament to the fact that Obama is no longer only a candidate for America's wealthy and privileged.

Sen. Barack Obama raised $55 million in February, his campaign reported Thursday, setting a record for political fundraising in one month.

The amount far outpaces the $35 million his rival for the Democratic presidential nomination, Sen. Hillary Clinton, raised over the same period.

The Illinois Democrat set the previous record in January when he raised $36 million.

The campaign said 727,972 donors contributed to the campaign in February. More than half of them were first-time contributors.

A majority of the money, $45 million, was raised online, the campaign said. More than 90 percent of the donations were under $100, and more than half were under $25.

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Drew Bulman

I've made a couple of small donation to Obama's campaign, but I have to say, it's a bit discouraging when you see the candidates spending reports, haha.  The amount they spend on things like Dunkin' Donuts coffee and parking fees is astonishing. 

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