the candidates report fundraising results

In accordance with campaign finance laws, all the candidates seeking the presidency have to report how much they’ve taken in at about this point in the year. Hillary’s campaign reported that she’d raised $26 million this quarter. Obama hasn’t come out with an official number yet, but he’s thought to have raised approximately $21 million. And, the Edward’s camp says they’ve raised $14 million. If you dig, however, it gets a little more interesting. For instance, Hillary’s total, while larger than Obama’s, represents the contributions of significantly fewer people. (83,531 gave to Obama, while only about 50,000 gave to Hillary.) And, the $14 million raised by Edwards, while quite a bit less than what was taken in by the campaigns for Obama and Hillary, is nearly twice what he’d taken in by this point in the last presidential cycle. Also, 80% of his contributions were $100 or less. Hopefully, in the days to come, we’ll see this further broken down by geography, income, sex, race, etc.. Please leave a link if you happen across anything interesting.

There’s a lot more I want to blog about tonight, but the fucking taxes are calling. Sorry.

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10 Comments

  1. mark
    Posted April 2, 2007 at 11:52 pm | Permalink

    And let’s not forget this.

  2. cleo love-paste
    Posted April 3, 2007 at 8:22 am | Permalink

    There isn’t a lot of detail yet, but you should also check Open Secrets.

    http://www.opensecrets.org/presidential/index.asp

  3. cleo love-paste
    Posted April 3, 2007 at 8:23 am | Permalink

    They say they’ll have “donor demographics” soon.

  4. dr. teddy glass
    Posted April 3, 2007 at 11:01 am | Permalink

    Mitt Romney won on the Republican side with $23 million. (Giuliani had $15 million.)

    http://www.msnbc.msn.com/id/17919436/

  5. dr. teddy glass
    Posted April 3, 2007 at 11:07 am | Permalink

    From the Detroit Free Press:

    Critics of accelerated fund-raising say that more than ever, money weeds out contenders. Because so many primaries and caucuses are scheduled for Feb. 5 or earlier in 2008, some analysts say candidates who haven’t raised at least $100 million by the end of 2007 will be out of contention because they won’t have money to advertise across multiple states.

    This winds up being a wealth primary,” said Kent Cooper, a former Federal Election Commission official and expert on campaign finances.

    “You are talking about people who have disposable income, and they are willing to give it away to a candidate even before the parties select anybody. So you are not talking about the average person. … You are talking about the 1 to 3% of the population that makes a contribution.”

    http://www.freep.com/apps/pbcs.dll/article?AID=/20070331/NEWS07/703310360/1009/NEWS07

  6. mark
    Posted April 3, 2007 at 10:36 pm | Permalink

    I also found this Daily Kos thread interesting.

    And I agree that money isn’t the whole story. Unfortunately, it’s a huge part though.

  7. cleo love-paste
    Posted April 4, 2007 at 3:13 pm | Permalink

    Obama finally came out with a number.

    $25 million!

    It puts them right there neck and neck with Hillary.

    http://www.newsvine.com/_news/2007/04/04/647852-obama-raises-25m-to-rival-clinton-camp

  8. mark
    Posted April 4, 2007 at 10:08 pm | Permalink

    Yup. And I think he said that it was from over 100,000 donors, most of whom gave under $100 each. It’s amazing.

  9. dr. teddy glass
    Posted April 16, 2007 at 9:06 am | Permalink

    From today’s Washington Post-

    Sen. Barack Obama raised more money than Sen. Hillary Rodham Clinton for their Democratic primary clash during the first three months of the year, but Clinton heads into spring with more in her campaign account than all Republican presidential candidates combined.

    http://www.washingtonpost.com/wp-dyn/content/article/2007/04/15/AR2007041500522.html?referrer=email

  10. Robert
    Posted October 20, 2008 at 8:01 pm | Permalink

    October 20th 2008:

    As of today, 3,100,000+ individuals have contributed to the Obama campaign, averaging $86 per doner. 632,000 new doners added to the Obama campaign in September alone.

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