Obama raises stunning $150 million in September

by: Scarce

Sun Oct 19, 2008 at 13:22:04 PM EDT

WASHINGTON (AP) - Barack Obama raised more than $150 million in September, a stunning and unprecedented eruption of political giving that has given him a wide spending advantage over rival John McCain.

The Democrat's campaign released the figure Sunday, one day before it must file a detailed report of its monthly finances with the Federal Election Commission.

Obama's money is fueling a vast campaign operation in an expanding field of competitive states. It also has underwritten a wave of both national and targeted video advertising unseen before in a presidential contest.

Campaign manager David Plouffe, in an e-mail to supporters Sunday morning, said the campaign had added 632,000 new donors in September, for a total of 3.1 million contributors to the campaign. He said the average donation was $86.

The Democratic National Committee, moments later, announced that it raised $49.9 million and had $27.5 million in the bank at the start of October. The party has been raising money through joint fundraising events with Obama and can use the money to assist his candidacy.