Obama More Than Doubles McCain’s June $$ Haul; Pleads Huge Financial Disadvantage Using Wrong Numbers

By Nitya

Jul 17, 2008 7:50am

The Wall Street Journal’s previous reporting that Sen. Barack Obama, D-Illinois, only raised just over $30 million in June is now inoperable.; this morning in an email to supporters Obama campaign manager David Plouffe announced that the campaign had raised a total of $52 million in June. The average donation, the campaign says, was $68. 

Just over $2 million of Obama’s $52 million is for the general, all the rest is for the primary, meaning it can be spent before the Democratic convention in August.

The campaign of Sen. John McCain, R-Ariz, reported raising $22 million during that month.

But, Plouffe cautions supporters, the RNC is far outraising the DNC. "The Obama campaign and the DNC ended June with a combined total of nearly $72 million in the bank," Plouffe wrote. "It’s a healthy number. But McCain and the RNC together still have a huge cash advantage, and we need your help to close the gap. …The McCain campaign and the Republican National Committee finished June with nearly $100 million in the bank." (That number is actually $95 million.)

Shortly after sending out that mass email,* however, Obama campaign spokesman Bill Burton emailed reporters to note an error: "The Obama campaign has $72 milllion cash on hand on its own, not combined. The DNC totals will be out shortly. "

Per ABC News’ Political Director David Chalian, the DNC raised $22,481,194 in June and has $20,306,056 cash on hand. Meaning the Obama campaign and DNC have a combined total of nearly $92 million in the bank, not $72 million as previously claimed.

Meaning the "huge cash advantage" of McCain and the RNC that Plouffe referred to in his fundraising solicitation is not so huge after all.

In other money news, former Massachusetts Gov. Mitt Romney is preparing to formally declare that he will not try to repay the $45 million he lent his own campaign, the Boston Globe reports. And McCain surrogate Carly Fiorina was dispatched to meet with some high-profile donors to Sen. Hillary Clinton, D-NY, to try to convince them to come on board the Straight Talk Express, the WSJ reports.

- jpt

* This post has been updated with new figures.

You are using an outdated version of Internet Explorer. Please click here to upgrade your browser in order to comment.
blog comments powered by Disqus