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February 29, 2008
Posted: 05:06 PM ET
FROM CNN's Jack Cafferty: Turns out February was a big money month for the Democratic presidential contenders. Hillary Clinton raised $35 million this month, more than double her January total of $14 million, despite 11 straight losses and her drop in the national polls. Clinton attributes the jump in donations to her passionate supporters who wanted to help when they saw the campaign struggling. One aide says the breakthrough moment actually came when Clinton announced she had loaned her campaign $5 million of her own money. When it comes to Barack Obama, some estimate that he's raised more than $50 million in February. The campaign won't confirm that number, but insists it's had a strong month and raised "considerably more than Clinton's total." Obama raised $36 million in January,and it's estimated that on many days in February, his campaign took in more than $2 million. There is no denying that the Democratic base is energized and raising buckets of money. A lot of these millions are coming from hundreds of thousands of small donors who can keep on giving. This could all prove to be a king-sized headache for the Republicans. John McCain raised about $12 million this month, which is about the same as what he raised in January. Do the math. If the Democrats can raise $85 million a month and the Republicans raise less than a fourth of that, it's going to be a short campaign. Here’s my question to you: The Democrats raised an estimated $85 million in February. How can John McCain compete when he only raised $12 million? Interested to know which ones made it on air?
Kim from Columbus, Ohio writes: Ian writes: Rich from St. Marys, Georgia writes: Susan from Seattle writes: Jeff from Rye Brook, New York writes: Ted from Phoenicia, New York writes: Robert writes: Filed under: 2008 Election
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Jack Cafferty sounds off hourly on the Situation Room on the stories crossing his radar. Now, you can check in with Jack online to see what he's thinking and weigh in with your own comments online and on TV. Send your comments on the "Cafferty File". Jack's Book
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