The figure was disclosed today by an aide to the president- elect who requested anonymity. The fundraising total spans a campaign that began in February 2007. Obama previously reported raising $642 million through Oct. 15. The latest total includes contributions through Nov. 24 and will be reported to the Federal Election Commission tomorrow.
Obama raised close to $300 million for the general election, more than three times what Republican nominee John McCain had to spend on his campaign. McCain accepted $84.1 million in public financing, barring him from raising private funds during the general election race.
Obama, 47, was the first major party nominee to shun taxpayer funding for the general election, giving him a huge financial advantage over McCain. During the last six weeks of the campaign, for example, Obama ran twice as many commercials as McCain, 72, according to the Nielsen Co.
McCain narrowed the gap with financial support from the Republican National Committee. Through Oct. 15, the RNC raised $364 million for the 2008 elections and spent $53.3 million to boost McCain’s candidacy.
The Democratic National Committee raised $221 million and spent $1.1 million to help Obama.
President George W. Bush and Democratic nominee John Kerry raised $648 million between them for the 2004 election, including the $74.6 million in federal funds each received for the general election.