Thursday, July 17, 2008

Obama Camp Elated Over
$52 Million June Donations

There is a sense of elation in the Obama campaign as it was announced that their candidate raised $52 million in June. It's a massive haul for the presumptive Democratic nominee -- $3 million short of the historic mark he hit earlier in the cycle but much larger than the $22 million that John McCain brought in this past month.

The majority of donations, Obama's campaign manager David Plouffe wrote in an email to supporters, were of the small variety, with the average amount being $68.
An aide to the Senator was ecstatic when asked about the June numbers and said of an earlier Wall Street Journal report that Obama had raised "only" around $30 million: the paper is "embarrassed."

Greg Sargent at Talking Points Memo noted that the June haul puts Obama on track to achieve his goal of raising $300 million during the entirety of the general election - a total needed to match the likely loot of McCain and the RNC. And yet, Obama and his allies at the DNC still lag behind their counterparts. The Democrats have $72 million on hand, compared to the roughly $100 million brought in by the GOP.

"We remain at a massive disadvantage to our opponents," Plouffe wrote in an email before asking for additional $25 donations. "As I mentioned in my video message earlier in the week, the McCain Campaign and the Republican National Committee finished June with nearly $100 million in the bank.

We can't stop now. It's going to take everything we've got to defeat John McCain and his allies in November."


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