Democratic presidential candidate Barack Obama's campaign said Saturday that it received more than $51 million in July – including contributions from 65,000 new donors – slightly less than the previous month.
The report followed by one day figures made public by John McCain's campaign, which took in a more modest $27 million last month.
Still, July was the best fundraising month ever for McCain, the presumptive Republican nominee, and the fifth month in a row that donations to his campaign exceeded those of the previous month.
The Obama campaign said it had $65.8 million on hand, compared with McCain's $21.4 million at the end of July.
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Although neither his bank balance nor his July donations were as robust as Obama's, McCain can count on an infusion of $84 million in public money after the Republican National Convention. Obama has chosen to forgo public financing, so he has greater spending flexibility, but he must collect every cent himself.
The Republican National Committee is also likely to be substantially more helpful to McCain than its Democratic counterpart, which has struggled with fundraising, will be to Obama.
David Plouffe, Obama's campaign manager, said the 65,000 new donors in July helped to propel the number of contributors to 2 million. Rick Davis, the McCain campaign manager, said 600,000 donors had given to the campaign so far.
McCain's uptick in donations in July came on the heels of receiving some good news on Friday from the Federal Election Commission, whose lawyers concluded that McCain was not legally bound to remain in the public financing system for his primary bid and did not break the law by first promising to be in the program and later deciding to withdraw.
Earlier last week, a report issued by the Center for Responsive Politics showed that troops overseas had donated more than six times as much to Obama as to McCain.
Obama has raised $60,642 to McCain's $10,665 among this group, said the nonpartisan center, which examined information required by the Federal Election Commission for contributions over $200.