Obama on pace to raise $30 mil in Feb

[Hope And Change]

Obama on pace to raise $30 mil in Feb


By: Jeanne Cummings
Feb 6, 2008 05:41 PM EST

Barack Obama’s campaign is on track to raise another $30 million in February, sources close to the Illinois senator say, while Hillary Rodham Clinton’s spokesman revealed Wednesday that she had loaned her campaign $5 million.

Insiders in both campaigns say the growing financial disparity virtually ensures that Obama will be able to significantly outspend Clinton in the critical primaries to come.

Even before all the Super Tuesday votes were counted, Obama began airing advertisements in Nebraska, Virginia, the District of Columbia, Maryland and Maine — the next round of primary and caucus states — before Clinton did.

His campaign has raised $2.2 million in less than 24 hours, sources say.

“Obama’s financial superiority is straining the Clinton campaign at this point. That’s reflected in how he spread the field on her in Super Tuesday. His ability to advertise in more states than she did, to put more resources on the ground than she did,” gave Obama an edge, said Anthony Corrado, an expert on campaign finance at Colby College.

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http://www.politico.com/news/stories/0208/8374.html