Legal Commentary

Obama Raises Less in March Than in February

By Jeralyn

You'll see a lot of articles touting Barack Obama's raising of $42 million in March. While a huge number, it's still $13 million less than he raised in February.

His expenditures in March: $30.5 million. He spent $9 million on media advertising and $5 million in telemarketing. And, notwithstanding the massive expenditures, he lost the popular vote in both the Ohio and Texas primaries.

Hillary Clinton is behind in fundraising but still in the game. She raised $20 million in March. All but $5 million came from online donors.

At the beginning of April, Hillary had $8 million to spend on the primaries to Obama's $41 million.

More...

Clinton campaign spokesman Jay Carson says,

"Hillary won three of the last four contests despite being greatly outspent in those states -- and is in position to do the same in Pennsylvania," Carson said.

Of the $42 million Obama raised in March, $7.8 million came from fundraisers in California and New York. (Hillary's Elton John fundraiser earned $2.5 million that isn't included in her total as it was in April.)

If Hillary Clinton wins in Pennsylvania despite Obama's financial and advertising advantage, I expect the online donations will keep up and increase through May 6 when Indiana votes. We'll know soon.

Full post as published by TalkLeft on April 21, 2008 (boomark / email).