Obama camp correction: "Obama ALONE has $72 million on hand"+DNC has $20 mil. = $92 million on hand

[Pirate Smile]

Dems nearly equal Republican cash on hand

The Obama campaign emails to correct David Plouffe's missive to supporters earlier this morning: In fact Obama alone has $72 million on hand; the Democratic National Committee, spokeswoman Karen Finney says, raised more than $22 million last month and has more than $20 million on hand.

In total, the Democrats have some $92 million on hand, to the combined Republican total of $95 million.

That virtual tie should light a fire under both parties fundraising efforts. But the Democratic campaign has been raising, and spending, faster than the GOP, so parity is likely to be elusive.

http://www.politico.com/blogs/bensmith/0708/Dems_nearly_equal_Republican_cash_on_hand.html

[blogslut]

1. Gosh, darn it!

My favorite kind of oopsie. :)

[dkf]

3. Yup.

All I can say is thank goodness! I'm not comfortable being undergunned against the Republicans. We've seen how unethical their advertising is.

[AllentownJake]

2. 30 million WSJ

:rofl:

I expect this number only to increase in the excitement leading up to the convention and after the convention.

[grantcart]

4. It appears from the Email that you are counting DNC money twice.

In the month of June, supporters like you helped raise $52 million. And together with the DNC, we now have nearly $72 million in the bank. That's a very strong financial position to be in.

[JBoris]

5. Obama raised $52 million in June, plus cash on hand, plus DNC money = around $92 million. n/t

[grantcart]

7. No Plouffe clearly states that together they have $ 72 million combined total in the bank

And together with the DNC, we now have nearly $72 million in the bank

[Pirate Smile]

8. The Obama camp issued the cash on hand correction.

[grantcart]

9. got it

[Pirate Smile]

10. It is good news - another $20 million sloshing around in Barack's checking account.

Considering the enormous numbers of staff being hired in all the states, along with offices opened, I think it is pretty damn impressive.

[goclark]

11. Yea!

I'm donating today to the DNC and to Obama.

Oh Happy Day!

[Coexist]

6. !!!

[Imagevision]

12. MSNBC said earlier that McCain had more casn on hand then Obama - (92 million)

[Pirate Smile]

13. They are essentially even - 92 v. 95 but when it looked like 72 v. 95 then it

did look like McCain had more.

Another difference is that the DCCC (House) and DSCC (Senate) have a lot of $$$$ while their Republican counter-parts have very little.

Dems will have more $$$$ as long as people continue to donate.