Barack Obama's money machine rolls on
The U.S. economy may be troubled, but Barack Obama's campaign treasury isn't.
Aides to the Democratic presidential candidate just announced that he garnered more than $40 million in contributions during March (and they did an excellent job of managing expectations -- initial speculation had anticipated the figure would be more like $30 million).
His March take may pale a bit compared with the $55 million the campaign hauled in during February -- easily setting a monthly record for any candidate, ever -- but we think they'll take it.
Perhaps most impressive, almost half of those who wrote checks to Obama in March were first-time contributors to him.
Here are the basics, as released by the campaign:
Total raised in March: More than $40 million
Contributors in March: More than 442,000
First-time contributors in March: More than 218,000
Average contribution: $96
Total contributors to date: More than 1,276,000
No word yet from Hillary Clinton's team. But you can bet superdelegates will be comparing the numbers when they are available.
[UPDATE: Clinton aides, perhaps understandably, did not trumpet their figures through a news release or provide the type of detail the Obama campaign did. Instead, not for attribution, high-ranking staff members said she raised roughly $20 million in March -- enough, as she said during the day, to continue waging a full-scale fight for the nomination. She had raised close to #35 million in February.]
-- Don Frederick