Obama breaks records in September fundraising
Barack Obama's campaign raised $150 million in September, the Huffington Post reported, putting the campaign at a significant financial advantage over Republican presidential candidate, John McCain.
The numbers were announced Sunday, one day before the campaign in required to file a detailed report of its monthly finances with the Federal Election Commission.
This money has put Obama above any video or TV adertising figures in the history of presidential elections. The money is fueling a huge campaign operation in an expanding field of competitive states.
David Plouffe, Obama's campaign manager, said in an e-mail to supporters Sunday morning, that the campaign had added 632,000 new donors in September, for a total of 3.1 million contributors to the campaign. The average donation was about $86.
Obama is able to raise this kind of because because he opted out of the public financing system for the fall campaign. McCain chose to participate in the system, which limits him to $84 million for the September-October stretch before the election. Obama is limitless.
Before setting primary fundraising records, Obama said he would accept the public financing system if McCain did. Many right-wing voters have begun to second guess McCain's decision to accept the financing system.
As much as Obama raised, he needed a big fundraising month to make his decision to bypass the public finance system worth while. Financially, he has been competing against McCain, but also against the GOP, which raised $66 million in September.