| Democrats Overcome Republicans in Fund-raising |
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| by Tom McGregor | Wed, Oct 3, 2007, 10:50 AM |
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The New York Times reports that “the Democratic presidential candidates continued to raise significantly more money during their last three months than their Republican counterparts, according to official and unofficial third-quarter fund-raising tallies that were released yesterday.” Senator Barack Obama, the Illinois Democrat, raised at least $20 million and Senator Hillary Clinton, the New York Democrat, raised over $22 million. On the other hand, Mitt Romney, who has been one of the strongest Republican fund-raisers this election, raised only half of what Mr. Obama raised this summer, according to a senior adviser, who was granted anonymity. Mr. Romney brought in about $10 million from donors, and he also used more than $6 million of his own money for his campaign. As reported by the Times, “Rudolph W. Giuliani, who replaced his chief fund-raiser at the end of the quarter, did not release a tally but said over the weekend that he would ‘do as well as the other Republicans – maybe we will do better than some.’ Fred D. Thompson raised at least $8 million in his first quarter as a candidate, according to people involved with the campaign – less than the other leading candidates raised early in their campaigns.” To read the entire article from the New York Times, link here:
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