Obama Raises $20 Million In 3Q

Obama Raises $20 Million In 3Q

2007-10-01-obama.jpgThe Huffington Post has learned that Senator Barack Obama, D-IL, raised a total of $20 million during the third quarter fundraising period, $19 million of which can be used for the primary election.

The money represents a decrease from the $33 million he raised during the second quarter period, but is believed to match the total raised by his primary rival for the Democratic nomination, Senator Hillary Clinton, D-NY.

Obama's fundraising was aided by approximately 93,000 new donors who contributed to the campaign during the past three months. The decline in the money total was attributed to the traditionally slow fundraising months of July and August.

To date, the Obama campaign has raised more than $78 million, nearly $75 million of which is slated for the primary election. In addition, more than 350,000 people have donated to Obama since he announced his presidential candidacy.

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