( AP )- Democrats Hillary Rodham Clinton and Barack Obama will have raised more than $100 million this year for their presidential campaigns, setting a historic threshold in fundraising.
Obama's campaign indicated it had reached that record-setting mark. In a Power Point presentation to supporters, Obama campaign manager David Plouffe said the campaign would need "at least $100 million" to compete in the first 26 primary and caucus states. " Obama will have the financial resources," Plouffe said.
Clinton aides said her figure did not include $10 million she transferred to the campaign from her Senate campaign account at the beginning of the year. That means the senator from New York will have raised more than $20 million during the past three months.
Neither the Clinton nor the Obama campaigns revealed how much of the money raised was designated for the primary phase of the campaign and how much was for the general election - an important distinction that would signal how much they have available to compete for the Democratic nomination.
In the first three quarters, Obama raised more primary money than Clinton.
Clinton had $90.9 million in receipts at the end of September, including the $10 million transfer. By that time, she had raised a total of $80.4 million.
Monday at midnight was the last day of the fundraising quarter. Campaigns won't have to make details of their fundraising and spending public until Jan. 31, when they file finance reports with the Federal Election Commission.
Sens . Hillary Rodham Clinton of New York, Barack Obama of Illinois, Chris Dodd of Connecticut and Joe Biden of Delaware, as well as former North Carolina Sen. John Edwards and New Mexico Gov. Bill Richardson campaign in Iowa. Ohio Rep. Dennis Kucinich campaigns in New Hampshire.
Former Massachusetts Gov. Mitt Romney attends house parties in Iowa while former Arkansas Gov. Mike Huckabee also meets with voters there. Arizona Sen. John McCain campaigns in New Hampshire.
"I'm not running for president. What I am trying to do is help us get an independent approach to government." - New York Mayor Michael Bloomberg during a New Year's Eve interview in Times Square with NY1 cable news station.
Six in 10 Democrats say Hillary Rodham Clinton has the best chance in their party of winning the presidency. More than four in 10 Republicans name Rudy Giuliani. None of the other candidates comes close, according to a recent Associated Press-Yahoo News survey.