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Senator Barack Obama has raised $40 million in Democratic presidential campaign contributions for March.

Barack Obama Raises $40 million

Senator Barack Obama has raised $40 million in Democratic presidential campaign contributions for March.

The Barack Hussein Obama campaign said it attracted more than 218,000 first-time donors in March.

Senator Barack Obama has raised $40 million in Democratic presidential campaign contributions for March.

By: Steven Chu
Apr 3, 2008 17:55 PM GMT


Barack Obama's campaign staff reported that the Illinois Senator raised more than $40 million in March contributions. Obama set a drive record at $55 million during the month of February.

Obama and his rival Hillary Clinton for campaign cash has been closely watched with the two locked in an intense battle to become the Democratic nominee to run against Republican John McCain in November 2008.

Senator Obama, who leads Clinton in the number of delegates that will determine the successful outcome of the Democratic race, has strongly outpaced the New York senator in fundraising this year.

Hillary Clinton spokesman Howard Wolfson said her campaign would not release its fundraising numbers for March until April 20, when she must file an official report with the Federal Election Commission. However, Clinton insiders say she raised nearly $20 million.

"We knew that he was going to outraise us. He has outraised us over the last few months," Wolfson told reporters. "We will have the resources we need to compete and be successful."

" Both of these campaigns are raising a considerable amount of money. We are both outraising Senator McCain," he said.

Both Clinton and Obama have outpaced McCain in fundraising, an Arizona senator whose campaign ran short of money last year before the decorated Vietnam War vet started winning primaries.

The Obama campaign said it attracted more than 218,000 first-time donors in March.