Clinton, Obama lead fundraising with $30 mln-plus

U.S. Democrats Barack Obama and Hillary Clinton both banked more than 30 million U.S. dollars at the end of the second quarter for the presidential primaries, dwarfing other candidates from both parties, media reported.

Clinton, Obama lead fundraising with $30 mln-plus
U.S. Democrats Barack Obama and Hillary Clinton both banked more than 30 million U.S. dollars at the end of the second quarter for the presidential primaries, dwarfing other candidates from both parties, media reported Monday.

Obama, an Illinois senator, reported having 34 million dollars in cash for the primaries and Clinton, a New York senator, reported 33 million dollars.

Both surpassed the 32.7 million dollars that President George W. Bush had to spend at the end of June 2003.

In the second quarter, Obama raised 33 million dollars and Clinton raised 27 million dollars total. Clinton will report about 12 million dollars already in hand for the general election, while Obama has about 2 million dollars, according to their campaigns.

Obama, who has trailed the veteran Clinton in opinion polls, spent more during the quarter building support, almost 16 million dollars, to Clinton's 12.5 million dollars, according to their campaigns.

Those contrasting financial pictures emerged Sunday from quarterly financial reports filed by the campaigns with the Federal Election Commission.

The two Democrats have more than twice as much to spend as Republican frontrunners Rudy Giuliani and Mitt Romney.

Giuliani, who has led the Republican field in polls, reported about 15 million dollars in the bank for the primary, while Romney had about 12.1 million dollars on hand.

Republican Sen. John McCain of Arizona is expected to report that he has only 2 million dollars in the bank after troubles raising money and high expenditures.

John Edwards, the Democrat closest to the two fundraising leaders, reported having 12 million dollars in the bank for the primary, while New Mexico Gov. Bill Richardson raised 7 million dollars in the second quarter.

Güncelleme Tarihi: 16 Temmuz 2007, 10:23
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