2008 Presidential Campaign Financial Activity Summarized: Receipts Nearly Double 2004 Total

June 10, 2009 10:06

2008 Presidential Campaign Financial Activity Summarized: Receipts Nearly Double 2004 Total
Source: Federal Election Commission

Financial activity of 2008 presidential candidates and national party convention committees increased 80% in receipts over the 2004 presidential election, totaling more than $1.8 billion.The Republican presidential nominee, Sen. John McCain (AZ), received $84.1 million in public funds to conduct his general election campaign and raised an additional $46.4 million for legal and accounting expenses.The Democratic presidential nominee, then-Sen. Barack Obama (IL), raised a total of $745.7 million in private funds for his primary nomination and general election campaign. It was the first time in the history of presidential public financing that a major party nominee declined to accept public funds for the general election.

The two parties received $16.8 million each from the treasury for their nominating conventions, while host committees raised a total of $124.3 million in support of their activities.A table attached to this release summarizes these three categories of activity for the last four presidential campaigns.

Tables in Excel and PDF.

Category:

• Business and economics
• Election 2008
• Government and politics
• Political process

Source:

• Federal Election Commission