Breaking: McCain campaign reports 22 million raised, 94.5 million combined cash on hand. [UPDATED]
Plus 8 million more in State Victory Parties.
By Moe Lane Posted in 2008 — Comments (25) / Email this page » / Leave a comment »
[Note: this information comes from a conference call conducted today by Rick Davis of the McCain campaign. - Moe Lane]
That's about 10 million more than last month, and after large amounts of spending from advertising. 26.7 million cash on hand for McCain, 67.8 million cash on hand for the RNC: it looks like a net negative 5 million for McCain (the aforementioned advertising buys) and a net plus 15 million for the RNC (I've got a call out for their raw numbers).
Obama's turn. 22 million sounds really easy to beat, Barry...
(Later after the fold...)
The actual total cash-on-hand is somewhere around $102 million (there's another 8 million available thanks to the State Victory Party system). The McCain is aiming for an additional 95 million available by the end of the summer, which does not include public financing. They generally have a 400 million dollar budget for the general election all told, which is... not actually unreasonable, is it? The RNC is a powerful ally in this juncture, as it's not affected by the public finance restrictions - as opposed to the DNC, which is pretty much an albatross around Obama's neck right now.
Speaking of Obama, there have been a number of sites that have been starting to say what I was saying last month: he didn't raise 100 million dollars in June. He didn't raise close to 100 million dollars in June. But if the Obama campaign is worried that they took in less money than McCain did (odd as that is for even me to write) - something which would be an absolute PR nightmare for the junior Senator from Illinois - well, now we have a number for them to match. So release that number, Barack. And the DNC's, too: you're running them these days anyway, not to mention their state groups.
By some accounts, right into the ground.
PS: Free advice to the Denver city government and Colorado state government? You probably want to enforce a strictly cash in advance policy with the Obama campaign and DNC from now on in. And no personal checks.