The Trail: Obama Nets $40 Million in March
Updated 11:01 a.m.
By Matthew Mosk
Sen. Barack Obama has raised nearly $130 million so far this year and $240 million over the duration of his presidential campaign, according to the latest numbers released by his campaign.
The staggering figures are the result of a furious pace of fundraising that continued last month -- he cleared the $40 million mark in March, according to a release issued by the campaign this morning.
"Senator Obama has always said that this campaign would rise or fall on the willingness of the American people to become partners in an effort to change our politics and start a new chapter in our history," campaign manager David Plouffe said in a statement e-mailed to reporters. "Today we're seeing the American people's extraordinary desire to change Washington, as tens of thousands of new contributors joined the more than a million Americans who have already taken ownership of this campaign for change."
Clinton campaign fundraisiers said this morning she raised more than $20 million in March.
"I take my hat off to them," said Hassan Namazee, one of Clinton's fundraising chairmen.
Namazee said the Clinton campaign is very happy with the numbers they are posting. "We will have the resources necessary to compete in the states in the months of April, May and June," he said. "This is not a campaign that will run out of cash."
Obama's haul came from more than 442,000 contributors -- roughly half of whom contributed to the campaign for the first time, the campaign said. The average contribution was $96.