More from the WSJ June Fundraising Story
--Fundraisers say the reason for the lower-than-expected numbers for Obama was his continuing difficulty in getting former supporters of Clinton to donate following the primary battle.
--Suggests his shift to the middle could be hurting him in the liberal small donor cadre. The campaign says that some 1.7 million people have given $200 or less, making up 45% of Obama's total.
--The DNC reported having only $3.9 million cash on hand June 1. It hasn't reported its fundraising results for June.
--Given Obama's ambitious $480 million budget, one fundraiser said that a healthy June number would have been much closer to $50 million.
"Think about it; you basically have 4½ months to raise $300 million. Every poor month puts you further into the hole. It's like Hillary and the delegate race -- sooner or later the math just catches up with you."
-- Florida finance chair Kirk Wagar said August and September are likely to be the campaign's banner months for fund raising. And he expects Sen. Obama will end up raising more in July than any previous presidential candidate.
"I think September is going to be an absolutely Herculean month."
