Clinton, Obama Claim $100 Million RaisedBy JIM KUHNHENN
WASHINGTON (AP) — Democrat Hillary Rodham Clinton will have raised more than $100 million this year for her presidential campaign, aides confirmed Monday evening, setting a historic new threshold in fundraising.
Rival Barack Obama's campaign indicated it had reached that record-setting mark as well. In a Power Point presentation to supporters, Obama campaign manager David Plouffe, said the campaign would need "at least $100 million" to compete in the first 26 primary and caucus states. "Obama will have the financial resources," Plouffe said.
Clinton aides said her figure did not include $10 million she transferred to the campaign from her Senate campaign account at the beginning of the year. That means the senator from New York will have raised more than $20 million during the past three months.
Neither the Clinton nor the Obama campaigns revealed how much of the money raised was designated for the primary phase of the campaign and how much was for the general election — an important distinction that would signal how much they have available to compete for the Democratic nomination.
In the first three quarters, Obama raised more primary money than Clinton...
John Edwards, who has trailed Obama and Clinton fundraising but is in a three-way competition for the Iowa caucuses, was expected to report between $4 million and $5 million raised in the quarter. Edwards has qualified for $8.8 million in public matching funds, bringing his total for the year to about $44 million.
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