Happy fourth of July everyone. In celebration of American Independence Day it seemed fitting to report on that all American pastime: Campaign Fundraising! The early numbers are in for the second-quarter fundraising results for the 2008 Presidential contenders. So, how did the candidates do?
Democrats:
| Barack Obama | $32.5 million ($31 million in primary donations) |
| Hillary Clinton | $28.5 million ($21 million in primary donations) |
| John Edwards | $9 million |
| Bill Richardson | $7 million |
| Christopher Dodd | $3.25 million |
Obviously, the big surprise (for many) is that Obama surged ahead of Clinton in fundraising efforts for the quarter, setting a new record for second-quarter primary funds raised. Clinton, meanwhile, raised a substantial amount, though much of it cannot be used until the general election. Obama also raised more in the first quarter, though Clinton's "war chest" has been larger.
Republicans:
| Rudy Giuliani | $17 million ($15 million in primary donations) |
| Mitt Romney | $14 million (all in primary donations) |
| John McCain | $11 million |
Obviously the big news on the Republican side is that John McCain's campaign is struggling -- or crashing as the case may be. Having only $2 million in cash-on-hand the McCain campaign has had to lay off or cut the salaries of much of the staff.
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