Barack Obama Campaign Raises $66 Million in August, Largest Haul Ever for Presidential Candidate

Democratic presidential nominee Barack Obama has reportedly raised $66 million during August, setting a record for presidential candidates.

According to the Obama campaign more than half of those donating to the Illinois Sen.’s presidential bid were first-time donors. At month’s end the Obama campaign had $77 million in the bank.

August was also a strong month for Republican presidential nominee John McCain who raised $47 million, the highest total recorded for his campaign. A significant portion of that was attributed to the announcement of Alaskan governor Sarah Palin as McCain’s vice-presidential candidate.

Since he announced his intention to run for president Obama has raised an astounding $440 million for his campaign.

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