Obama 100 Million Dollars in June

The Washington, D.C. political daily The Hill reported on June 9, 2008, that many Democratic pundits are predicting that Barack Obama can raise as much as $100 million dollar for his Presidential run in the month of June alone.

Fast Facts

1. Democratic fundraisers predict Obama could raise $100,000,000 in June, 2008
2. Obama cash on hand (4/30): $46,555,057¹
3. McCain cash on hand (4/30): $23,988,473¹
4. Amount raised by Obama to 4/30/08: $265,439,277¹
5. Amount raised by McCain to 4/30/08: $96,654,783¹
6. Obama's fundraising success raises questions about public financing
7. McCain has claimed he will accept public financing
8. Obama will raise much more than he would get through public financing²

Fundraising Machine

With the infusion of former supporters of Hillary Clinton into the Barack Obama campaign, Democratic fundraisers predict, Obama should easily be able to raise the once seemingly impossible amount in a single month. The massive amounts of money have raised questions for Obama, because Republican candidate John McCain has claimed he will accept public financing for his campaign. Obama stands to raise more than three times the amount of money he would otherwise have received from public financing.²

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