Tuesday, June 10, 2008

Weak Economy?

Not in Obama Nation:
Leading Democratic fundraisers predict that Sen. Barack Obama (D-Ill.) will raise hundreds of millions of dollars over the next few months if he opts out of public financing and begins raising money for the general election.

Specifically, they say Obama could raise $100 million in June and could attract 2.5 million to 3 million new donors to his campaign.

....Steve Grossman, former chairman of the Democratic National Committee (DNC), said that if Obama skips federal campaign funds and raises money through November, he would have 4 million to 5 million donors by Election Day.

If those new donors give amounts similar to what Obama supporters have given so far this election cycle, Obama could raise another $630 million for his campaign. He raised $272 million through the end of April from about 1.5 million donors.

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