The Obama campaign has taken in $58.9 million from retired Americans and $58 million from law firms, including his former employer in Chicago. It has also collected $29.8 million from the education sector, $19.8 million from Wall Street’s securities and investment industry and $16 million from the health care sector.
Although Obama’s $1 billion receipts are large, they pale in comparison to the impact of his White House policies. For example, the federal debt has grown since 2009 by more than $5 trillion, or more than $5,000 for every dollar Obama raised from donors.
The estimate of total donations for both Obama and Bush is slightly higher than the federal donations recorded by the center.
Obama also gained roughly $150,000 in state donations while running for the Illinois state senate, for example.
Bush raised $41 million while running for governor in Texas in 1994 and 1998, according to Texans for Public Justice, a liberal group that tracked Bush’s fundraising.