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In the 2008 United States presidential election, fundraising increased significantly compared to the levels achieved in previous presidential elections.. According to required campaign filings as reported by the Federal Election Commission (FEC), 148 candidates for all parties collectively raised $1,644,712,232 and spent $1,601,104,696 for the primary and general campaigns combined through ...
On September 4, 2008, the Obama campaign announced they raised $10 million in the 24-hour period after Republican vice presidential nominee Sarah Palin's acceptance speech. The RNC reported raising $1 million in the same period. [92] On October 19, 2008, Obama's campaign announced a record fundraising total of $150 million for September 2008.
The Obama campaign raised $32 million in the month of January 2008 alone, from over 250,000 separate supporters. [329] [330] When it was disclosed that Hillary Clinton loaned $5 million of her own money to her campaign, Obama's supporters donated over $6.5 million in less than 24 hours. [331]
Obama's campaign headquarters was in Chicago and key members of his successful campaign in 2008, such as Jim Messina and David Axelrod, returned to staff it. [8] On the day of the announcement, the campaign released a promotional video showing supporters of Obama organizing for the re-election effort. [ 6 ]
Money raised is applied in many ways, such as for the salaries of non-volunteers in the campaign, transportation, campaign materials, and media advertisements. Under United States law, candidates are required to file campaign finance details with the Federal Elections Commission (FEC) at the end of every calendar month or quarter. Summaries of ...
Henry Muñoz, the finance chairman emeritus of the Democratic National Committee, had a whopping $3,497,319 federal income tax lien placed against him in April 2023,IRS records show, along with a ...
The president hopes to curb "dark money" donations from huge corporations like ExxonMobil, Apple, General Motors, and General Electric.
Barack Obama's presidential campaign received the most grassroots fundraising of presidential candidates in the first quarter (Q1) of 2007 based on contributions under $200 with $5.77 million, more than double the nearest candidate, John McCain, who got $2.54 million. Of Obama's Q1 2007 fundraising, 22% came from contributions under $200, while ...