McCain Raises $27M in July

3 years ago

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From NRO's The Corner:

Campaign manager Rick Davis just told reporters that McCain raised $27 million in July and had $21.4 million in cash on hand at the end of the month.

MORE: Davis says the RNC raised $26 million in July and has $75 million in cash on hand.

STILL MORE: As far as the campaign's money is concerned, Davis stresses that since McCain is accepting federal funds, he will have to spend all his primary-season money by the time he gets the money next month. "We are definitely on a decline curve where we will be spending more than we are raising now," Davis said.

So that's $21 Million that McCain needs to spend before the convention, plus whatever he brings in between now and then. I see an advertising blitz in Ohio, Michigan, Colorado and Virginia in the near future.

McCain also beat Obama to the numbers earlier. Obama, of course, raised $52M in June, but the bottom line is that McCain has plenty of money to run a competitive campaign.

Filed Under: John McCain, Breaking News, 2008 President, Fundraising

Tagged: Barack Obama, BarackObama, election, fundraising, John McCain, JohnMccain, money trail, MoneyTrail, president 2008, President2008, Republicans

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