McCain raises $27 million in July
Posted: Friday, August 15, 2008 9:46 AM by Domenico Montanaro
From NBC's Domenico Montanaro
The McCain campaign announced it raised a campaign record $27 million in July, campaign manager Rick Davis said on a conference call with reporters. While the figure is a campaign record, it is less than half of Obama's biggest one-month haul -- $55 million in February of this year, which helped finance his primary battle with Hillary Clinton.
In June, Obama raised $52 million. But Obama has had to raise more, in part, because the Democratic National Committee had been far outraised by the Republican National Committee.
The McCain campaign added that it had $21.4 million cash on hand through the end of July.
The RNC raised an $26 million in July and has has $75 million cash on hand for a combined $96.4 million cash on hand, Davis said.
Through the end of June, Obama had $71.7 million cash on hand, and the DNC reported just $4.5 million on hand for a combined $76.2 million, according to federal campaign finance data.
Davis also claimed 600,000 donors and 1.5 million total donors combined with the RNC. The Obama campaign currently celebrates more than two million donors with a congratulatory screen on its campaign Web site.
Because the McCain campaign has opted to take public funds, it will have to spend its cash on hand by Aug. 31.