Apr
25
The fundraising success of 2008 U.S. election
April 25, 2008 | | Leave a Comment
Kitty XIE Rui (9)
2008 U.S. presidential election is shaping up to be the first $3 billion presidential race in U.S. history, The Fortune said in 2007.
At that time, campaign-finance veterans predicted that the top-tier primary candidates would need to raise $100 million. Now, it seems the prediction is literally accomplished.
Regularly, the two Democratic presidential candidates generate more than $1 million a day through small donations on the internet. Hillary Clinton even raised around $0.5 million in one hour after Pennsylvania primary ended.
According to the latest figures, Obama has raised more than $40 million via a donor base of more than one million individuals in March while Hillary Clinton raised half of that. Besides, McCain collected $15 million for his campaign in the same period.
