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Hillary leads '08 money chase
02/10/2007 21:32  - (SA)  

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  • Washington - Democrat Hillary Clinton raised $27m for her 2008 presidential bid in the third quarter, leading all rivals and strengthening her position ahead of the field three months before the first votes.

    Clinton's campaign on Tuesday reported raising $22m for the primary nomination race that begins in January and another $5m for the general campaign ahead of the November 2008 election.

    Her fundraising beat top rival Barack Obama, the first-term Illinois senator who raised $19m in primary money and another $1m in general election funds in the quarter that ended on Sunday.

    The strong performance defied historical trends for the third quarter, when presidential candidates typically raise less money as they compete for attention with summer vacations.

    "Hillary wanted you to know that this was our best quarter yet," her campaign manager, Patty Solis Doyle, said in an e-mail to supporters.

    "This is the moment when your dedication defied the skeptics."

    Big lead

    Clinton, the New York senator and former first lady, has taken a big lead in recent months over her Democratic rivals in national opinion polls and solidified her grip on the frontrunner's slot in the 2008 race.

    But Obama has shown his own signs of strength, raising more money than Clinton in the second financial quarter and building a list of more than $350 000 donors. The Clinton campaign reported adding $100 000 new donors during the quarter.

    Obama nearly matched Clinton in primary fundraising in the third quarter, a spokesperson said.

    Candidates for president must report their fund-raising activity every three months.

    No Republicans have reported their third-quarter fundraising yet.

    - Reuters



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