Another first: billion-dollar presidential campaign


Source: Reuters
ANOTHER FIRST: BILLION-DOLLAR PRESIDENTIAL CAMPAIGN

With the Democrats' nominee decided, expect a sharp increase in political donations, amid a political race already smashing fundraising records, campaign finance experts said. "We're easily going to have the first billion-dollar presidential race," said Richard Parker, lecturer in public policy at Harvard University's Kennedy School of Government. Sen Obama had raised $265.4 million from all sources through the end of April, according to the latest analysis of Federal Election Commission records by the Center for Responsive Politics, a nonpartisan, campaign finance watchdog. New York Sen. Clinton's total take over the same period was $214.9 million, while Arizona Sen. McCain's was $96.7 million.
http://www.reuters.com/article/politicsNews/idUSN0339835620080605

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