Obama Had a $400 Million Edge

Slaughtered.

The final presidential fundraising reports are in and Barack Obama's campaign raised roughly $745 million for his 2008 presidential campaign, ABC News reports.

By comparison, Sen. John McCain raised roughly $320 million, including the $84 million from entering into the public financing system.

However, when money raised by the national parties is taken into account, the Democrats likely raised closer to one billion dollars, compared to roughly $630 million for the Republicans. Which means Obama had, approximately, a $400 million advantage over McCain.