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Hillary Clinton’s Campaign Exceeds 2015 Fundraising Goal
Since the campaign started in April, Clinton’s efforts in the Democratic primary process have netted her $112 million. That money would help Clinton in the general election should she win the nomination.
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But following a marathon, 11-hour hearing on the national security ramifications of her personal server use, Clinton emerged from the scandal relatively unscathed, and her campaign reported their most lucrative fundraising hour in the hour after the hearing.
The Democratic front-runner headlined 58 fundraisers in the last three months, the same as the two previous quarters. She has spent months crisscrossing the country to attend fundraising events that bring in up to $2,700, the maximum donation allowed for the nominating contest. But her campaign has received a wave of smaller donations, particularly after Clinton’s testimony before the Benghazi committee in Congress and after her debate performances, aides said.
The fourth quarter also saw Clinton get more help than usual on the fundraising trail. Ninety four percent of donations to this campaign in the last quarter were in increments of Dollars 100 or less, Mook said. The campaign spent about $75 million in 2015, building large organizations in the early voting states and a data-driven operation to connect with voters.
Clinton has raised roughly as much for the primary as President Barack Obama did during 2011 as a sitting president and more than either Clinton or Obama in 2007 despite having one fewer quarter to raise.
Clinton isn’t alone in releasing some selective details ahead of that schedule.
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The campaign finance estimates indicate that Sanders should have the resources to mount an effective challenge: His campaign said it had $28.4 million in the bank at the end of 2015. “A quarter of the very highest earning taxpayers, those earning more than $250 million per year on average, pay a federal income tax rate of less than 20 percent”. Republican contenders Ben Carson and Ted Cruz raised $23 million and $19 million, respectively.