Mobile UPI  |   About UPI  |   UPI en Español  |   UPI Arabic  |   UPIU  |   My Account
Search:
Go

Obama rakes in campaign cash

|
|
 
  
Democratic Presidential candidate Sen. Barack Obama (D-IL) speaks to supporters during a campaign rally at Reunion Arena in Dallas on February 20, 2008. More than 17,000 people filled the building for a chance to see the Illinois senator on his first public appearance in Dallas since announcing his presidential candidacy. (UPI Photo/Robert Hughes) 
Published: Feb. 21, 2008 at 8:16 PM

WASHINGTON, Feb. 21 (UPI) -- Democratic presidential hopeful Barack Obama is maintaining his grip on first place in campaign fundraising, federal campaign reports indicated.

The Illinois senator reported raising nearly $37 million and spending nearly $31 million in January, Politico said Thursday. He ended January with $25 million cash on hand -- of which roughly $20 million can be spent on the primary -- and he reported having $1 million in debts.

Obama's rival, New York Sen. Hillary Clinton, ended January $7.6 million in debt, not including the $5 million she leant her campaign.

Clinton reported raising about $20 million in January, including her loan, but spent nearly $29 million during the month. She reported a cash balance of $29 million, but more than $20 million of that is money that may only be used in the November general election.

Clinton spokesman Phil Singer said the campaign is on track to break its monthly fundraising record.

"Thanks to an enormous outpouring of support, we will raise more money this month than in any other so far. We have all the resources we need to compete and win," he was quoted by Politico as saying.

Topics: Barack Obama, Phil Singer, Hillary Rodham Clinton
Recommended Stories
© 2008 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.

Order reprints
  
Join the conversation
Most Popular Collections
The Tibetan Moniam Festival in China Super Bowl XLVI ticker tape victory parade The making of the Oscars
The Chicago Auto Show The Most Desirable Women of 2012 Tu Bishvat Migron settlement
Additional Top News Stories
1 of 25
Meryl Streep and Colin Firth attend the "BAFTA" ceremony in London
View Caption
fark
Time to load up on beer, milk, bread and beer, north Atlanta is in for massive blizzard with up...
Bill would force teachers to comply with FCC regulations. in related news, Miss Lipshiatz is about...
When you yell "bingo," you better be damn sure you have bingo. Cause if you don't, we will find...
Trading crack for a lapdance, yelling racial slurs, assaulting police, spitting blood, and beating...
History will remember George H.W. Bush for his part in the first Gulf War, the fall of the Berlin...
And now, pictures of dogs underwater