Following the money

Next week, expect plenty of media reports to begin trickling in on the status of presidential campaign fundraising -- and what the results mean for...

Next week, expect plenty of media reports to begin trickling in on the status of presidential campaign fundraising -- and what the results mean for the candidates -- following the receipt on July 15 by midnight of the 2nd quarter figures by the Federal Election Commission.

Candidates are already breaking records, having collected more than $150 million combined as of the end of the first quarter of 2007, according to Center for Responsive Politics, which maintains an oft-cited Web site with all the data.

Clinton was the leader among the Democrats at the end of the last quarter, with more than $36 million on hand, followed by Obama with more than $25 million and Edwards with $14 million. Among Republicans, business-savvy Romney was the leader with $23 million, following by Giuliani with more than $16 million and McCain with $13 million.

The results, perhaps unfortunately, are now used to handicap the health of the respective campaigns, and many are speculating that McCain’s new figures will reflect what some say is his faltering effort.

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