Hillary Clinton may blunt one of rival Barack Obama's few advantages in the race for the Democratic presidential nomination: money.
As the campaigns press donors with predictions that their candidate is losing the fund-raising race, both Clinton and Obama are set to report about $20 million in donations during the third quarter, which ends Sunday, according to campaign officials and fund-raisers.
A failure to out-raise Clinton would deprive Obama of the momentum he needs to overcome his rival's leads in national and key state polls. Obama raised $33 million to her $27 million in the second quarter and ended up with more cash on hand for the primary elections. His campaign had aimed to be able to outspend her significantly in the last part of 2007 and early next year.
"The Clinton juggernaut is moving if she out-raises him this quarter," said Peter Fenn, a Democratic consultant who isn't affiliated with any candidate this year. "It makes the argument for her winnability an easier one."
Clinton plans Boston trip
Speaking of Hillary Clinton's fund-raising, the candidate herself is coming to Boston for a fund-raiser aimed at the common man and the college student.
The Clinton campaign is expecting to pack as many as 2,800 people into Symphony Hall on Oct. 10, for a $20-a-ticket event featuring actress Mary Steenburgen and Clinton campaign chairman Terry McAuliffe, as well as Clinton. Cohosts include members of local student groups backing Clinton, local politicians, and some big-name donors such as Barbara Lee and Elaine Schuster.