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. Last Updated: 07/27/2016

Clinton Smashes Fundraising Record

WASHINGTON -- U.S. Senator Hillary Clinton's campaign for the Democratic presidential nomination said Sunday that it had raised $26 million during the first quarter of this year, about three times as much as the previous record at this stage of a presidential race.

Officials from several other Democratic primary campaigns voluntarily announced their fundraising totals as well, just hours after the quarter closed at midnight Saturday night.

Former Senator John Edwards raised over $14 million, about twice what he raised in the same quarter for his 2004 presidential race. Governor Bill Richardson of New Mexico raised $6 million. Senator Christopher Dodd of Connecticut raised $4 million. Senator Joseph Biden of Delaware raised $3 million.

The campaign of Senator Barack Obama of Illinois, Clinton's biggest rival for Democratic donors, said it was not ready to disclose its results, suggesting that he could have a big announcement in store. The leading Republican candidates declined to disclose their results as well.

This year's first-quarter fundraising totals have emerged as a pivotal test of strength in the 2008 race. For the first time since the Watergate-era adoption of public financing of presidential campaigns, all the top candidates are preparing to reject public money -- and the spending limits that come with it -- in favor of collecting from private donors.

The early statements confirm that the leading primary candidates are on track to raise as much as $100 million each even before the election year begins.

The statements Sunday amounted to the opening of an elaborate poker game. First-quarter fundraising reports to the Federal Election Commission are not due until April 15, so the campaigns are choosing when and how to disclose selected details in an effort to show off strengths and obscure weaknesses.

Early totals also suggest that none of the Democrats will enjoy the kind of commanding financial edge that George W. Bush carried into the 2000 Republican primary.