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Campaign Contributions Nearly Double Old Record

The Washington Post

This year's presidential contest has been groundbreaking in many ways, but none more than in the race for campaign cash.

So far in this primary election season -- in 2007 and in January 2008 -- the presidential candidates have raised a combined $542 million from individuals, according to the nonpartisan Campaign Finance Institute. That's nearly double the previous record of $285.7 million raised during the primaries in the same 13-month period in 2003 and 2004.

Remarkably, the proportion of large vs. small donations has remained pretty close despite the huge overall increase. Contributions of $1,000 or more have accounted for 58 percent of individual giving in the latest 13-month period, the institute said. That compares with 64 percent during that same period of the previous presidential contest.

Posted by Editor at February 26, 2008 11:42 PM

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