NPR: Obama Raises $32 Million in January

Obama Raises $32 Million in January

Now that is a hunk of change. The Barack Obama campaign confirmed today that it raised $32 million in the month of January alone.

The Associated Press reports that Obama is advertising in all but two of the Feb. 5 states and plans to begin advertising in states with upcoming contests, including Louisiana, Washington, Nebraska, Maine, Maryland, Virginia and Washington, D.C. - which means that he believes that there will still be a very tight battle with Hillary Clinton taking place after Super Tuesday.

And there's another reason that he's spending it quickly on advertising. NPR's Peter Oversby says it's almost all money for the primaries and can't be spent in the general election. Peter also pointed out that neither Obama or his rival Hillary Clinton has filed their year end report for 2007, which must be done by midnight tonight.

"We think that the strength of our financial position and the number of donors does speak to financial sustainability if it ends up going through March and April," campaign manager David Plouffe said of the race. "We think we will have the financial resources to conduct vigorous campaigns in the states to come."

The campaign attracted 170,000 new donors last month, for a total of 650,000 over all ...

Another fundraising facts: As Peter also noted yesterday, John McCain was in the red when he won the New Hampshire primary. In his report filed Wednesday, it shows he ended the ended the year with only $2.95 million cash on hand, and $4.52 million in debts

2:23 PM ET | 01-31-2008 | permalink

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