WASHINGTON - John Kerry (news - web sites) became the first Democratic hopeful to raise $50 million over three months while President Bush set a record by topping that, officials said Friday.
The Kerry campaign announced that it raised more than half its money online from January through March, about $26.7 million, the most ever taken in by a presidential campaign over the Internet in one quarter.
The campaign plans to expand its grass-roots fund-raising efforts by running newspaper ads urging people to donate, starting with a full-page plea in The New York Times on Sunday. In addition, the bulk of Kerry's 20-city fund-raising tour is yet to come. Kerry raised millions this week during a two-day swing through California.
"We are experiencing sellout crowds at every gala," said Lou Susman, national finance chairman. Kerry's $50 million beats the Democratic record of $16 million raised in a quarter, set by Howard Dean last year.
The Bush campaign, too, continues raising money at events, online and through direct-mail pitches. The campaign has not yet released an exact total for Bush's donations from January through March, but it said Bush had beat the presidential quarter record of $50 million he set with his fund raising from July through September last year.
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http://news.yahoo.com/news?tmpl=story&cid=694&u=/ap/20040402/ap_on_el_pr/presidential_money&printer=1Help raise another $50 million!
http://contribute.johnkerry.comFYI, pundits estimated that he'd raised a little more than $40 million, so Kerry has once again defied expectations.