The first quarter totals are starting to come in (for the Democrats, at least). Today's Timesreports that Hillary Clinton pulled in $26 million; John Edwards netted $14 million; Bill Richardson totaled $6 million; Chris Dodd raised $4 million; and Joe Biden raised $3 million.
Now we're just waiting to hear from Obama, who should reveal his first quarter total any day now. The fact that he hasn't done so already leads the Hotline blog to speculate that he took in an impressive $21 million--and wants to time the announcement of such for maximum effect.
P.S. Insert the Phil Gramm Memorial Cautionary Note here--about how candidates who raise a ton of first quarter cash don't necessarily win.