Obama Raised $32 Million In January

The sum is the largest amount of money ever raised in a single month by a presidential hopeful still battling for his party’s nomination. Obama Raised $32 million in JanuaryBy Cliff Montgomery – Jan. 31st, 2008U.S. Democratic presidential hopeful Barack Obama raked in $32 million in January alone, a huge cash influx that allows his campaign to increase staff and extend advertisements beyond the upcoming “Super Tuesday” contests on Feb. 5th, aides told reporters today.The sum is the largest amount of money ever raised in a single month by a presidential hopeful still battling for his party’s nomination.Senator Obama (D-IL) currently is running advertisements in most of the 22 states taking part in next week’s “Super Tuesday” extravaganza. He will start advertising in seven additional states which hold caucuses or primaries later this February. Fellow Democratic candidate Hillary Clinton (D-NY) now is running commercials in 12 of the “Super Tuesday” states, including New York itself.Clinton is almost certain to win her home state: According to SurveyUSA, Clinton’s recent job approval rating was at 60%–impressively higher than the surveyed states’ average approval rating of 53% for their senators.Now that John Edwards has bowed out of the Democratic contest, Obama and Clinton are in a battle for the delegates needed to secure the party nomination. The upcoming “Super Tuesday” matches will provide the candidates with the year’s single biggest chance for delegates; but the Democratic race is just too close for either remaining presidential hopeful to win the nomination on Feb. 5th.David Plouffe, Obama’s campaign manager, told reporters that the campaign added 170,000 new donors in January, and that the Obama camp has had 650,000 donors overall.This month’s massive sum of $32 million equals the campaign’s top fundraising quarter in 2007.The amount raised this January was intended solely for the primaries; in Obama’s best 2007 quarter, his campaign took in $30 million for the primaries and $2 million more for the general election.”We think that the strength of our financial position and the number of donors does speak to financial sustainability if it ends up going through March and April,” Plouffe told reporters.”We think we will have the financial resources to conduct vigorous campaigns in the states to come,” he proudly added.Like what you’re reading so far? Then why not order a full year (52 issues) of thee-newsletter for only $15? A major article covering an story not being told in the Corporate Press will be delivered to your email every Monday morning for a full year, for less than 30 cents an issue. Order Now!