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| Obama tops campaign fund-raising | Obama tops campaign fund-raising |
| (about 2 hours later) | |
| Democratic US presidential candidate Barack Obama is well ahead in the race for campaign funds, official figures filed in Washington have confirmed. | Democratic US presidential candidate Barack Obama is well ahead in the race for campaign funds, official figures filed in Washington have confirmed. |
| Mr Obama raised some $32.8m (£16.4m) in the second quarter of 2007 while fellow Democrat Hillary Clinton, who is ahead in the polls, raised $27m. | Mr Obama raised some $32.8m (£16.4m) in the second quarter of 2007 while fellow Democrat Hillary Clinton, who is ahead in the polls, raised $27m. |
| New York's ex-mayor Rudolph Giuliani led the Republicans on $17.5m. | New York's ex-mayor Rudolph Giuliani led the Republicans on $17.5m. |
| Candidates are garnering money more quickly than ever but for some spending is rapidly outstripping fund-raising. | Candidates are garnering money more quickly than ever but for some spending is rapidly outstripping fund-raising. |
| The amount raised by Mr Obama and Mrs Clinton is more than the entire Democratic field of hopefuls managed at the same time in the run-up to the 2004 poll. | The amount raised by Mr Obama and Mrs Clinton is more than the entire Democratic field of hopefuls managed at the same time in the run-up to the 2004 poll. |
| The figures show that their supporters are willing and able to back these two big-name candidates with enough cash for sophisticated and expensive campaigns, says the BBC's Justin Webb in Washington. | The figures show that their supporters are willing and able to back these two big-name candidates with enough cash for sophisticated and expensive campaigns, says the BBC's Justin Webb in Washington. |
| name="goback"> | |
| APRIL-JUNE 2007 FUNDRAISING Barack Obama (D) - $32.8mHillary Clinton (D)- $27.1mRudolph Giuliani (R) - $17.5mMitt Romney (R) - $14m John McCain (R) - $11.2mJohn Edwards (D) - $9mSource: reports filed to the US Federal Election Commission See graph comparing funds | |
| Much more money is flowing into the Democratic race than the Republican. | Much more money is flowing into the Democratic race than the Republican. |
| Mr Obama's take, easily the biggest ever for a Democrat at this stage of the electoral cycle, suggests that he will be capable of matching Mrs Clinton financially all the way into next year. | Mr Obama's take, easily the biggest ever for a Democrat at this stage of the electoral cycle, suggests that he will be capable of matching Mrs Clinton financially all the way into next year. |
| The question is whether he can do it politically, our correspondent says. | The question is whether he can do it politically, our correspondent says. |
| The Obama camp is suggesting that his is a powerful grassroots campaign, with 250,000 individual donors. | The Obama camp is suggesting that his is a powerful grassroots campaign, with 250,000 individual donors. |
| However, a significant amount of his campaign funds is coming from big investment firms. | However, a significant amount of his campaign funds is coming from big investment firms. |
| Mr Obama's total of $32.8m is nearly all for the primary election. | Mr Obama's total of $32.8m is nearly all for the primary election. |
| Mrs Clinton raised $21.5m for the primary election with a further $5.6m to spend if she wins the Democratic nomination. | Mrs Clinton raised $21.5m for the primary election with a further $5.6m to spend if she wins the Democratic nomination. |
| Staff costs | Staff costs |
| For the Republicans, Mr Giuliani's $17.5m made him the top fund-raiser, while former Massachusetts Governor Mitt Romney raised $14m. | For the Republicans, Mr Giuliani's $17.5m made him the top fund-raiser, while former Massachusetts Governor Mitt Romney raised $14m. |
| His outgoings for the same period were $20m. However, Mr Romney has a huge personal fortune and has already lent his campaign nearly $9m. | His outgoings for the same period were $20m. However, Mr Romney has a huge personal fortune and has already lent his campaign nearly $9m. |
| Some of the other candidates in the crowded field are already facing the crunch with their fund-raising not matching their expenditure. | Some of the other candidates in the crowded field are already facing the crunch with their fund-raising not matching their expenditure. |
| Republican Senator John McCain's campaign raised $11.2m but he spent $13m. | Republican Senator John McCain's campaign raised $11.2m but he spent $13m. |
| Mr McCain, who has been trailing in the polls behind Mr Giuliani and Mr Romney, has already shaken up his campaign team amid disappointing fund-raising results. | Mr McCain, who has been trailing in the polls behind Mr Giuliani and Mr Romney, has already shaken up his campaign team amid disappointing fund-raising results. |
| Employing staff to run campaigns in various part of the country was the biggest expenditure for all candidates. | Employing staff to run campaigns in various part of the country was the biggest expenditure for all candidates. |
| Travel also accounted for a large part of budgets, with candidates spending a total of $8m to get around the country. | Travel also accounted for a large part of budgets, with candidates spending a total of $8m to get around the country. |
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