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With June's haul, Obama's campaign has raised nearly $340 million

Sen. Barack Obama's campaign raised $52 million in June, his campaign manager said this morning -- not quite a campaign record. The Illinois Democrat's White House bid raised $55 million in February, during the party primaries.

But it's still more than twice the $22 million that Republican rival Sen. John McCain raised during June.

However, the Republican National Committee, which is backing the party's presidential candidate with its own resources, also had nearly $68 million in the bank -- a combined treasury that the Obama campaign was mindful about today in reporting its own June haul -- and immediately asking for more from its 1.5 million-plus donors.

Our colleague Mark Silva has more details in the Swamp.

-- Andrew Malcolm

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why not forget about the money for a moment (what about that latest banking bailout scam, couldn't they always squander some of that - how much, 300 billion...whatever, or just print some more)? we know that's not the issue.

there are more important questions to discuss.

Why can they not get their figures straight? Received this email on the same day the $52 million for June figure was released:

--------------------------------------------

Dear B,

We have some good news today, and it's all thanks to supporters like you.

In the month of June, the DNC raised approximately $22 million -- our best month of the year by far.

This is a stunning achievement, and it's to your credit. People like you heard the call, and thousands have answered it.

But we're facing opponents with staggering resources at their disposal. The Republican National Committee finished June with nearly $68 million in the bank.

We can't stop now. We're counting on you to help us close the gap.

Please make a donation of $5 now to keep building our momentum and bring about the change this country so desperately needs.

The DNC does not accept donations from Washington lobbyists or special interest PACs.

But John McCain and the RNC have no such standards, and together they raised nearly $100 million in June. Add to that the huge checks brought in by shadowy outside groups, there's no telling how much our opponents will spend on attack ads.

They're not backing down, and neither can we. Only by working together can we fight back against the massive funds they're raising from special interest PACs and Washington Lobbyists.

It's up to you. Take a moment now and strengthen our movement for change.

We're fighting for Democrats up and down the ballot and in every state. That means competing in a lot of battlegrounds that have not traditionally been successful for Democrats. Our 50-state strategy is working -- but we need your support to keep the momentum going.

It's going to take all of us working together to defeat John McCain and the Republicans, and we can't do it without you.

Thanks,

Tom McMahon

Got an email from the Tom McMahon of the Obama campaign claiming that they raised $22 million in June, at the same time the media released the $52 million figure. What's up with that? Do they have a problem counting dollars same as they had a problem counting all the votes?

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Andrew MalcolmAndrew Malcolm's immigrant parents repeatedly stressed the importance of active participation in a democracy. Early lessons included learning the alphabetical list of states by watching televised roll calls of national political conventions. That childhood exposure led to a lifelong fascination with politics, including 40-plus years of covering them and a brief stint practicing them as press secretary to Laura Bush in 1999-2000. A veteran foreign and national correspondent, Malcolm served on the Times Editorial Board and was a Pulitzer finalist in 2004. He is the author of 10 nonfiction books and father of four.

Johanna NeumanJohanna Neuman is a veteran Washington correspondent for both The Los Angeles Times and USA Today, having covered presidents and politics as far back as Ronald Reagan. A former president of the White House Correspondents Assn., she authored a book on media and foreign policy, “Lights, Camera, Wars.” Most recently she was co-author of the Countdown to Crawford blog here at The Times.
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