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GOP contender Mitt Romney, in Salt Lake City for a fundraiser Sept. 28, is expected to have a decent quarter – and to buttress it with his own checkbook.
GOP contender Mitt Romney, in Salt Lake City for a fundraiser Sept. 28, is expected to have a decent quarter – and to buttress it with his own checkbook.
Douglas C. Pizac/AP
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  • GOP contender Mitt Romney, in Salt Lake City for a fundraiser Sept. 28, is expected to have a decent quarter – and to buttress it with his own checkbook.
  • Presidential hopeful Hillary Rodham Clinton, in Oakland, Calif., with Mayor Ron Dellums on Monday, raised more than any other Democrat in the third quarter.
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Clinton moves up in polls and money

She widened her lead among Democrats in polls and led in fundraising for the quarter.

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Reporter Linda Feldmann says even though Hillary Clinton has the highest fundraising numbers at the moment, don't count out Barack Obama.

No doubt about it, Sen. Hillary Rodham Clinton of New York had a great third quarter of 2007.

For the first time, she beat her closest rival for the Democratic presidential nomination, Sen. Barack Obama of Illinois, in quarterly fundraising totals, bringing in $22 million in primary cash, versus Senator Obama's $19 million. Senator Clinton also brought in $5 million for use in the general election, if she's the nominee, while Obama brought in $1 million.

At the same time, a new Washington Post/ABC News poll shows, for the first time, more than half – 53 percent – of Democratic voters want Clinton to be their nominee, versus 20 percent for Obama. Clinton's average lead among Democrats in national polls stands at 20.3 percentage points, according to Realclearpolitics.com. Clearly, the former first lady has momentum.

But the Democratic nomination race is far from over. Since the beginning of the year, Obama has raised more money than Clinton – $75 million for the primaries, versus $63 million for Clinton.

Moreover, polls of likely caucusgoers in Iowa, home of the nation's first nominating contest, show the top three Democratic contenders – Obama, Clinton, and former Sen. John Edwards of North Carolina – are neck and neck. A Newsweek poll this week showed them at 28, 24, and 22 percent, respectively.

"She's performed well on the campaign trail and has established her lead in the polls, and thus is attracting momentum money as well – the kind of money that wants to be behind the frontrunner," says Anthony Corrado, a political scientist at Colby College in Waterville, Maine. "But it's not to say she's going to win the nomination."

A cadre of undecided voters

Polling in Iowa and New Hampshire, home of the first primary, shows there is still a fairly large portion of likely caucus-goers and voters who have not decided, Mr. Corrado notes. Both Clinton and Obama are well-positioned to vie for that vote. "For at least those two candidates, it becomes a function of what they do with the money, because both will have plenty of it to spend," he says.

Mr. Edwards raised $7 million in the third quarter. Last week he announced he would accept federal matching funds, which will give him enough money to make a credible run in the early states. But by opting into the public system, which Clinton and Obama have not moved to do, Edwards will have to accept restrictions on spending that could hamper him in the general election, should he win the nomination.

Totals for other Democratic candidates showed some may struggle to make it to the Feb. 5 "Super-duper Tuesday" contests, when at least 18 states will hold primaries: New Mexico Gov. Bill Richardson raised $5.2 million, and reports indicate Sen. Joseph Biden of Delaware raised less than $2 million and Sen. Christopher Dodd of Connecticut took in $1.5 million. Numbers were unavailable for Rep. Dennis Kucinich of Ohio and former Sen. Mike Gravel of Alaska.

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