Monday, April 16, 2007

$106 Million Flows into Candidates’ Campaign Coffers in Q1

Optimism
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from "Optimism"
by One For All
Sharp Nine Records

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    written April 2, 2007

    Senator Hilary Clinton and Mitt Romney crushed their respective party foes in fundraising for the first quarter ending March 31. Clinton’s campaign pulled in an impressive $26 million while Romney raised an equally impressive $23 million. Both figures far exceed Q1 presidential campaign fundraising levels from previous years. The other big fundraising news of the day was Senator McCain’s lackluster yield of $12.5 million.

    How successful was Barack Obama? That question remains to be answered. His campaign has until April 15 to disclose Q1 figures. All told, the candidates raked in nearly $106 million though it’s not clear how much of the tally for each candidate is earmarked for the general campaign versus the primary campaign. With more states, including populous California and New York, proposing to move up their primaries to February 5, 2008, it’s even more important for the candidates to shore up their financial base early on. How much will a seat in the White House cost? With nine months still remaining before the first round of primaries it’s scary to think how much more money the candidates will inhale. Below are the tallies as of today.

    Clinton $26M
    Edwards $14M
    Richardson $6M
    Dodd $4M
    Biden $3M
    Total $53M

    Romney $23M
    Giuliani $15M
    McCain $12.5M
    Brownback $2M
    Total $53M

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