Obscene Amounts of Money Squandered in Presidential Race

$420 Million! And they're broke - except money man Mitt

Banking on Becoming President

After nine months of fundraising, the candidates for president in 2008 have already raised about $420 million. This presidential money chase seems to be on track to collect an unprecedented $1 billion total. By some predictions, the eventual nominees will need to raise $500 million apiece to compete--a record sum. To find out where all this money is coming from, explore the options to the left. Year-end reports are due to the Federal Election Commission by Jan. 31.

Democratic Candidates
Candidate	Home State	Q3 Raised	Q3 Spent	Total Raised	Total Spent	Cash on Hand	Debts
Clinton, Hillary	NY	$27,859,861	$22,623,680	$90,935,788	$40,472,775	$50,463,013	$2,347,486
Obama, Barack	IL	$21,343,292	$21,519,790	$80,256,427	$44,169,236	$36,087,191	$1,409,740
Edwards, John	NC	$7,157,233	$8,271,938	$30,329,152	$17,932,103	$12,397,048	$0
Richardson, Bill	NM	$5,358,585	$6,666,681	$18,699,937	$12,878,349	$5,821,588	$75,222
Dodd, Chris	CT	$1,522,061	$4,025,458	$13,598,152	$9,723,278	$3,874,874	$0
Biden, Joe	DE	$1,757,394	$2,635,896	$8,215,739	$6,329,324	$1,886,340	$128,210
Kucinich, Dennis	OH	$1,011,696	$888,774	$2,130,200	$1,803,576	$327,094	$0
Gravel, Mike	AK	$130,598	$144,224	$379,795	$362,268	$17,526	$85,853

Republican Candidates
Candidate	Home State	Q3 Raised	Q3 Spent	Total Raised	Total Spent	Cash on Hand	Debts
Romney, Mitt	MA	$18,396,719	$21,301,756	$62,829,069	$53,612,552	$9,216,517	$17,350,000
Giuliani, Rudy	NY	$11,624,255	$13,300,650	$47,253,521	$30,603,695	$16,649,826	$169,256
McCain, John	AZ	$5,734,478	$5,470,277	$32,124,785	$28,636,157	$3,488,628	$1,730,691
Thompson, Fred	TN	$12,828,111	$5,706,367	$12,828,111	$5,706,367	$7,121,744	$678,432
Paul, Ron	TX	$5,258,456	$2,169,644	$8,268,453	$2,824,786	$5,443,667	$0
Huckabee, Mike	AR	$1,034,486	$819,376	$2,345,798	$1,694,497	$651,301	$47,810
Hunter, Duncan	CA	$536,357	$618,117	$1,890,873	$1,758,132	$132,742	$50,000
Keyes, Alan	MD	$21,218	$10,139	$22,768	$10,139	$12,629	$12,876

http://www.opensecrets.org/pres08/index.asp