Clinton: "Virtually All" of Post-PA Donations for the Primaries

There has been a number of questions floating around the web surrounding reports from the Clinton campaign that it had raised $10 million dollars in the 24 hours following the closing of the polls in Pennsylvania. You can read some thoughts on this from Marc Ambinder. One theory, posited by an Ambinder reader (which the reporter puts up on his blog), is that a significant portion of the campaign's take since Tuesday night came from dollars earmarked for the general election -- i.e. contributions from donors who had already given the maximum $2,300 for the primary campaign. However, the Clinton campaign says this is not the case.

This evening, a source at the Clinton campaign informed me that "virtually all" of the donations received by the campaign since the polls closed in Pennsylvania Tuesday night were for the primary. Unlike contributions earmarked for the general election, which cannot be used until after the Democratic National Convention, money earmarked for the primaries can be used immediately.

In recent months, a significant portion of the contributions into the Clinton campaign have come from contributers who had already maxed out for the primary election. As of the end of last month, more than two-thirds of the money the Clinton campaign had in the bank was earmarked for the general election (just about $9.3 million of the roughly $31.7 million the campaign had in cash-on-hand could be used for the primaries). Because the Clinton campaign also held a large amount of debt -- for the third straight month, the campaign entered the month in the red -- an infusion of $10 million, most of which could be used now could help enable the campaign to continue at least through the North Carolina and Indiana primaries on May 6th and perhaps even longer.

Tags: Democratic primaries, Fundraising, Hillary Clinton, Online Fundraising (all tags)

Comments

28 Comments

Donations

Now here are the questions.. and if anyone has the answer, please let me know. I'm not trying to provoke anything, but of course, a large number like  this needs a little explanation.

1) Was this a planned effort to get big donors to donate that night, and how much of these donations are online?

2) How much debt did she have immediately beforehand, i.e. how much of this money is now spendable?

3) Can she sustain this rate of donations to carry through this month and keep pace with Obama's consistently larger monthly budget?

4) Will she try to make good use of it in North Carolina, or is she going to completely abandon it? (Would be a mistake, a HUGE mistake, in my eyes, for Clinton to take NC lightly. If she cant eat into Obama's inevitable pop vote win there, she might not come out of this with a strong popular vote argument)

by beholderseye 2008-04-24 04:27PM | 0 recs
This means nothing unless its on the record

The Clinton campaign (and also Obama) have done this several times already. Remember the "50 superdelegates ready to announce en masse" story.

by highgrade 2008-04-24 04:28PM | 0 recs
The magnitude of Obama's humiliating loss

in Pennsylvania is the reason for renewed optimism among Clinton donors.

by Beltway Dem 2008-04-24 04:29PM | 0 recs
Re: The magnitude of Obama's humiliating loss

The 'magnitude of Obama's loss' was negative.

He came from way behind and cut her lead in half, in a state where she had the entirety of the party machinery working for her.

He was EXPECTED to lose.  PA was no humiliating loss for Obama.

Wonder if Clinton's going to pay those vendors in Iowa now.

by lojasmo 2008-04-24 04:40PM | 0 recs
Re: The magnitude of Obama's humiliating loss

That is a comforting thought.  You hold on to it, k?

by Beltway Dem 2008-04-24 04:56PM | 0 recs
Re: The magnitude of Obama's humiliating loss

Yeah, pretty comforting. Not nearly as comforting as the 10 net delegates Clinton got in PA.

by beholderseye 2008-04-24 04:59PM | 0 recs
Re: The magnitude of Obama's humiliating loss

Poor Senator Obama, after his humiliating loss in Pennsylvania, had to go home and nurse his wounds.  He's obviously growing weary of the road.  So many vacations recently.

by Beltway Dem 2008-04-24 05:03PM | 0 recs
Re: The magnitude of Obama's humiliating loss

I never thought I'd see this sort of childish mocking tone from a progressive democrat. It's got shades of "Al Gore invented the internet lol" from 2000 and it's becomming pervassive from the fringe on both sides.  Really sad.

by map 2008-04-24 05:12PM | 0 recs
Re: The magnitude of Obama's humiliating loss

Hillary was supposed to get 12, but she did so poorly she only got 9.  Obama kicked ass in PA.  Hillary should have won by 20 pts or more.  She is the one that should be humiliated.

by Spanky 2008-04-24 05:14PM | 0 recs
Re: The magnitude of Obama's humiliating loss

10 delegates, $10 million, 80,000 new donors

and doesn't matter whether it was humiliating or not...the narrative in the MSM today is that it was...and he's off licking his wounds in Chicago today trying to figure out why the "typical white" gun loving bigots won't vote for him. Perhaps it's because he called them "typical white" gun loving bigots...hmmmmm....go figure.

by lb 2008-04-24 07:55PM | 0 recs
Re: The magnitude of Obama's humiliating loss

How about, she did well in PA but it was not nearly enough.

by mady 2008-04-24 05:16PM | 0 recs
Re: The magnitude of Obama's humiliating loss

First, I acknowledge the possibility that you are really a Republican looking to stir up trouble with Democrats.  If so, nice work.

Second,  Clinton's delegate pick up (10) is smaller than Obama's delegate pick up in 11 different states -- including states with massive black populations such as Idaho, Colorado and Wisconsin.

It was a tiny victory when she needed a blowout.

She has one and only one shot at becoming President:2012.  Her campaign is looking more and more like a 2012 strategy to me.  

by smoker1 2008-04-24 05:03PM | 0 recs
Explain this

In recent months, a significant portion of the contributions into the Clinton campaign have come from contributers who had already maxed out for the primary election.

How much of the January, February and March money was contributed by donors who had maxed out?  How much of the (31.7-9.3) $22.4M earmarked for the general was contributed in Janauary, February and March?

by DaveOinSF 2008-04-24 04:31PM | 0 recs
Earmarked for general

At the end of Q3 2007, Clinton already had $16M earmarked for the general election.  Since the end of September 2007, Hillary Clinton has raised less than $8 million which has been earmarked for the general election.

Hillary raised $13M in January, $20M in February, and $20M in March, plus I'm not sure how much in April and in Q4 2007.  Let's say a total of $80M since October 2007.  That means less than 10% of the money raised since October 2007 is earmarked for the general.  How much was earmarked in Jan, Feb and march?

by DaveOinSF 2008-04-24 04:43PM | 0 recs
we are the peasant army

we are the peasant army, following chairwoman hillary on the long march. today we hide in the mountains, but one day we will stand in tiananmen square.

by campskunk 2008-04-24 04:31PM | 0 recs
Re: we are the peasant army

and you call us obama supporters cult-like? Wow.

by regina1983 2008-04-24 04:56PM | 0 recs
Yeah, let's take this to the convention floor

and if the Congressional rookies and challengers pay a price, well they should have fallen in line behind the proven leader!

by TrueBlueCT 2008-04-24 05:17PM | 0 recs
Re: we are the peasant army

You're comparing Clinton to Mao???

Wow.

by Flynnieous 2008-04-24 05:53PM | 0 recs
Some Liberal Elite Switching

You act as though you are surprised that so many people would flock to Clinton and give her money.  Let me tell you, I live and work in Hollywood- in the "business"- and I can say that a lot of my coworkers have become Clinton supporters recently.  Many of them donated money right after PA.  Many of them had voted for Obama in CA and have since changed there minds.  I only mention the Hollywood part since people expect us to be (and we usually are)- the "liberal elite".  The people that I know who have switched to Clinton have waited and waited for Obama to tell them more.  Hope and Change were great early on (when CA voted)- but I think the luster wore off with time.  They wanted to hear big ideas, major policy.  What they got was a lot of scandalous associations and a candidate who seems to crack under pressure.  They saw Clinton strong, reliant, sharp as a tack on policies- and a fighter.  They also saw Obama lose every large swing state by a lot of votes and they became nervous.  I think this is why so many people donated to Clinton and I expect will continue to. NEW CONTRIBUTORS.  If it's happening in "liberal elite" Hollywood- imaging the rest of the country.

by easyE 2008-04-24 05:02PM | 0 recs
The polls are all wrong?

Because they aren't showing the buyer's remorse you're speaking of....

by TrueBlueCT 2008-04-24 05:18PM | 0 recs
Wait, Obama lost in EVERY large swing state?

Obama performs just as well against McCain in Pennsylvania.

Clinton performs better than Obama in Florida and Michigan, the same states that we've been fighting over for election after election.

On the other hand, Here are the battleground states according to the latest polls that Obama performs better than hillary in AND has a chance of winning (meaning, a margin of less than 5% difference vs McCain, or better (he is outright winning many of these in polls)):

better in:
Nevada
Colorado
New Mexico
Iowa
North Carolina
Wisconsin
Oregon
Washington
Nebraska (According to a recent poll)
South carolina (according to a recent poll)
Michigan (According to recent polls)

MANY More than Clinton's little  Ohio and Florida argument

by beholderseye 2008-04-24 05:29PM | 0 recs
Re: Some Liberal Elite Switching

I'm Hollywood too. I watched the returns with non-donor husband and son who immediately sent Hillary money when she finished her speech. Is this only a California phenomenon?

by ellend818 2008-04-24 07:24PM | 0 recs
I seem to recall that "Virtually all"

... line coming from the campaign after a fundraising blitz a month or two ago, and it turned out to be not exactly true that time.

I'm trying to track it down now.  I seem to recall it was in anticipation of the filing of the February FEC report -- in other words, around March 17 or 18.

by tbetz 2008-04-24 05:04PM | 0 recs
OK - "Recent Months"

You're complete disregard for the people who support Hillary Clinton is obvious.  You suspect that the recent $10M raised could only be from already maxed-out contributors, and use the same brush to wipe over Hillary's fundraising successes in Jan, Feb and March.

Here's news, at the end of Q4 2007, Hillary had raised more than $118M, of which $20M was earmarked for the general, presumably from maxed-out donors.

Since the beginning of January, it would appear that that total of earmarked contributions has only gone up $2M or so, whereas during this period Hillary raised $13M in Jan, $20M in Feb, $20M in March and probably $15-20M in April.

It's quite clear that in "Recent Months" almost NONE of the contributions to the Clinton campaign have come from maxed out donors donating to the general election fund.

Please correct your error.

by DaveOinSF 2008-04-24 05:10PM | 0 recs
"there have been a number of questions"

No doubt, even as we see you trying to spin this, lol......I'm sure all the B O supporters are trying to claim and question.

Desparation.

Really angry at such huge fundraising.

....maybe B O can come out and claim he really closed the gap on her fundraising too LOL
10 pts was closing the gap, 10 million must have the same meaning.

by LindaSFNM 2008-04-24 05:10PM | 0 recs
$10 million is $10 million

No matter how you slice it...$10 million is an impressive figure, a large majority of which came from new donors.

by mjc888 2008-04-24 05:18PM | 0 recs
Re: $10 million is $10 million

Team Clinton lies about fundraising as about everything else. I don't believe they raised $10 million in a day. Like they said at the end of March all the 20 million was for the primary and it turned out only 8 million was available.

She was 16 million in debt at the end of March. I would guess she is still 10 million in debt as of today.

We will know the 22nd of May

by telfish 2008-04-24 05:36PM | 0 recs
Hillary needs to pay off her debts

If she can't handle her own campaign, how is she going to be able to handle this nation's economy?

by puma 2008-04-24 06:56PM | 0 recs

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