Kerry Raises $100 Million in Three Months

nycflasher

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Apr 15, 2004
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Kerry Raises $100 Million in Three Months

Jun 16, 10:21 AM (ET)

By SHARON THEIMER

WASHINGTON (AP) - John Kerry raised a Democratic record $100 million from March through May, lifting his presidential campaign to more than $140 million so far.

Kerry raised roughly $25 million last month alone, figures provided Wednesday by his campaign show.

The Massachusetts senator has already surpassed his financial goal of about $106 million for the primary season. He has about six weeks of fund raising left before he accepts his party's nomination in Boston and receives full government financing for the general-election phase of his campaign.

President Bush has raised at least $216 million since he began his re-election effort in May 2003. That includes at least $13 million raised in May through online and mailed contributions.

Bush stopped holding fund-raisers for himself in April, turning his attention to helping the Republican Party and fellow GOP candidates raise millions for the fall election.

Kerry has been holding fund-raisers for himself and the Democratic National Committee and has also taken in millions over the Internet and through direct-mail solicitations. Kerry's total includes roughly $6 million he borrowed before his primary victories by mortgaging his Boston home.

Kerry will reach his fund-raising cutoff about a month before Bush, who can continue raising primary money until his party's convention in late August.

Mindful that fund-raising time is running out, Kerry is soliciting donations to a legal compliance fund he can use during the general election campaign to cover legal and accounting costs, reserving his roughly $75 million in government financing for ads and other campaign costs from August until November.

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On the Net:

Bush campaign: http://www.georgewbush.com/

Kerry campaign: http://www.johnkerry.com/
 
6 million is chump change for the kerry's. he morgaged his home for show only.
 
Originally posted by rtwngAvngr
6 million is chump change for the kerry's. he morgaged his home for show only.

While $6M is chump change. I think there are laws against him getting money from his wife. So the mortgage was the only way to get quick cash legally.

Either way what is the "show"? I mean would people really feel for a guy whole can mortgage his $6M house?
 

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