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Clinton and Obama in virtual money tie
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hillarynews
Joined: 24 Jan 2007
Posts: 2255
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 Posted: Wed Oct 17, 2007 8:00 am Post subject: Clinton and Obama in virtual money tie |
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 Clinton and Obama in virtual money tie
The third quarter fundraising race between Sen. Hillary Clinton (N.Y.) and Sen. Barack Obama (Ill.) ended in a photo finish just before midnight Monday.When the official reports went public on the Federal Election Commission website, they showed that Clinton raised more money but Obama eked out his own victory by virtually matching the amount of cash she has in the bank to spend on the hard-fought primary race.
Category: Top Story
The third quarter fundraising race between Sen. Hillary Clinton (N.Y.) and Sen. Barack Obama (Ill.) ended in a photo finish just before midnight Monday.When the official reports went public on the Federal Election Commission website, they showed that Clinton raised more money but Obama eked out his own victory by virtually matching the amount of cash she has in the bank to spend on the hard-fought primary race.The final figures were a blow to the Clinton camp, which had sought to use the third quarter to cement her dominant position.Clinton leads in polls but had yet to best Obama in the money race. She did so in the third quarter, but not nearly as decisively as the campaign had hoped.In the end, Clinton reported raising $28 million between July 1 and Sept. 30 and having $50 million in cash-on-hand.Of that, about $34 million can be spent on the primary, while $16 million is for the general election. Clinton also reported carrying $2 million in debts, driving her ready cash figure down to around $32 million.Obama’s report, the last to go public, showed him raising $21 million during the third quarter and ending it with $36 million in cash.But he, too, has some debt and has raised money that must be held for the general election, which drives his primary cash total to about $32 million.
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Source: The Hillary Project
Description: reporting the news about Hillary that the media refuses to |
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