The July totals for fundraising are now in. John McCain reported raising $27 million over the course of the month. Barack Obama raised more than $51 million.
The fundraising totals for the RNC and DNC are a lot more even, though: $26 million and $27.7 million respectively.
Obama also managed to pass 2 million donors last month.
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The U.S. Senate still files all disclosures on paper. The process costs taxpayers $250,000 every year and creates a blind spot in campaign contributions: during the four to six weeks it takes to process paper disclosure forms, the public does not know who has contributed to a given candidate’s campaign. That blind spot occurs just […]
More than one half of John McCain’s campaign warchest is coming from fundraisers who ‘bundle’ donations. $75.6 million was brought McCain’s campaign by about 500 people. Those figures are through June — July fundraising information has not been released yet.
Barack Obama, in contrast, relied on about 500 fundraisers to bundle donations, as well. But Obama’s […]
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Over the weekend, Politico ran a great run down on 5 presidential campaign cash myths. I found one particularly interesting: the fact that lobbyists and PAC aren’t exactly big spenders in presidential campaigns despite all claims to the contrary.
Obama has encouraged this idea to tout […]
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The Supreme Court has been busy this week. One of the decisions they released was an overturn of the ‘Millionaires’ Amendment’ — a piece of campaign legislation law stating that the opponents of candidates self-financing their runs can accept more donations.
Jack Davis, a 2006 congressional candidate in New York, brought […]
Image details: Hillary Clinton Holds Primary Night Rally In Indianapolis served by picapp.com
On the tail of the news of Hillary Clinton’s less than spectacular win in Indiana last night and her outright loss in North Carolina comes the news that Clinton loaned even more money to her campaign last month. On top of the $5 […]
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Just a week ago, I wrote about Hillary Clinton’s big deficit. The story of this past weekend just drives home the point that her campaign is on poor financial footing. To put it plainly, Clinton hasn’t been paying off her campaign debts. Instead, she’s been […]
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One word that always gets thrown around during campaign season is “deficit.” There’s a pretty general consensus that deficits are bad — just like debts in general. I certainly can’t think of a candidate who’s promised to raise deficits after all.
I’m concerned, though, about Hillary […]
Remember those bad old days when John McCain was broke and barely holding on? You know, the middle of 2007? Well, during his little financial crisis, McCain signed up for public financing in order to stay afloat. It came in handy — John McCain looks like the anointed Republican nominee despite some lingering policy issues […]
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This is our last Financial Profile Friday of a single candidate for the primaries. We’ve covered everybody else in the race, although we’ll continue to touch base with how campaigns are spending money. As the primaries draw […]
Because politics is big business.
Written by Madeline Martin [email], and Thursday Bram [email] for b5media.
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