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Obama rakes in $20m
03/04/2007 15:50  - (SA)  

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  • Washington - Democratic senator Barack Obama pulled in $20m in donations for his White House campaign, only a few million shy of front-runner Hillary Clinton, said the New York Times on Tuesday.

    Citing unnamed aides of Obama, who seeks to become the country's first African-American president, the Times said Obama brought in $20m (about R144m) in the first three months of the race, compared to senator Clinton's $26m (about R187m), "enough to ratchet up the anxiety in the Clinton camp".

    Clinton reported the size of her war chest as of a key fund-raising deadline on Saturday, while Obama has yet to officially reveal his takings on the campaign trail.

    But the Obama estimate confirmed that this race, with the Democrats and Republicans both showing large fields of candidates for their respective nominations, is smashing all records in the arena of fund-raising.

    His $20m would put the total raised to $108m, with the first primaries to decide the candidates nine months away, and the presidential election itself 20 months down the road.

    The previous record in money raised for all Republican and Democratic candidates at the corresponding period of presidential campaigns was $30.9m, set in 2003.

    - AFP



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