Johnf
07-11-2008, 07:47 AM
July 10, 2008, 2:50 pm
Top Aide: McCain Will Have $400 Million Campaign Effort
Susan Davis reports on the presidential race.
John McCain’s campaign manager told reporters today that Republicans are looking at amassing a combined $400 million war chest for the general election campaign against Barack Obama.
John McCain campaigns Thursday in Belleville, Mich. (AP)
Factoring in the fund-raising efforts of the candidate, the Republican National Committee, and state-level operations, Rick Davis estimated McCain will have more than enough resources to compete against Obama, who he credited for raising staggering funds–some $280 million–already in the campaign. “It is indeed an impressive amount and worthy of the attention it’s gotten,” Davis said.
However, McCain raised nearly $22 million in June, Davis said, leaving the Arizona senator with $26.7 million cash on hand, in addition to the RNC’s $67.8 million cash on hand, and another $8 million in state party operations for a combined current total of over $102 million.
“This shows extremely strong fund-raising,” he said, “It bodes well for how we will continue to prosecute the campaign.” Davis projected Republicans will raise an additional $95 million by the end of the summer.
McCain will also benefit from about $84 million in public funds for the general election—funds his rival has rejected. While McCain’s campaign operation will be limited to those funds, the larger party effort can continue to raise and spend money on his behalf.
Including the public funds, Davis estimated Republicans will have roughly $210 million to use between September—when McCain officially becomes the nominee—and Election Day on Nov. 4. All told, between now and then, Davis said the “unified budget” will be at least $400 million.
“I think that is a relatively conservative number, based on existing fund-raising numbers,” he said.
Since securing the nomination in early March, Davis said McCain has raised, on average, about $20 million each month. He said the funds will allow the campaign to expand, both in advertising and ground operations. “We’ve significantly increased our footprint in the states,” Davis said, adding that Republicans will be organizing, advertising, and building get-out-the-vote programs nationwide.
http://blogs.wsj.com/washwire/2008/07/10/top-aide-mccain-will-have-400-million-campaign-effort/?mod=googlenews_wsj
No wonder Obama forgot about Hillary's debt, he must be near panicked now, everyone's moving to McCain with Obama as the front runner in the DNC....and don't think the DNC aren't taking notice. They must be panicking right along with Obama.
The good news, Hillary's debt is getting paid down and this must be making Obama and DNC sick. Where is all the money Obama was supposed to make, the DNC was supposed to rake in with Obama? Hahaha, the media and DNC must be turning green. McCain is benefitting by Hillary's supporters. Obama's begging women to support him and Dem Underground supporters are going nuts, as I posted here yesterday that they're not getting the support they need, as the German Chancellor and black clergy one by one, tear Obama apart for his self centered ways, affiliations, double speak, etc.
Go McCain Go! I suspect large money will go McCain's way until Hillary is the candidate of choice. DNC better work quickly to ensure that happens, or they will end up losing so much money, their heads will spin.
Top Aide: McCain Will Have $400 Million Campaign Effort
Susan Davis reports on the presidential race.
John McCain’s campaign manager told reporters today that Republicans are looking at amassing a combined $400 million war chest for the general election campaign against Barack Obama.
John McCain campaigns Thursday in Belleville, Mich. (AP)
Factoring in the fund-raising efforts of the candidate, the Republican National Committee, and state-level operations, Rick Davis estimated McCain will have more than enough resources to compete against Obama, who he credited for raising staggering funds–some $280 million–already in the campaign. “It is indeed an impressive amount and worthy of the attention it’s gotten,” Davis said.
However, McCain raised nearly $22 million in June, Davis said, leaving the Arizona senator with $26.7 million cash on hand, in addition to the RNC’s $67.8 million cash on hand, and another $8 million in state party operations for a combined current total of over $102 million.
“This shows extremely strong fund-raising,” he said, “It bodes well for how we will continue to prosecute the campaign.” Davis projected Republicans will raise an additional $95 million by the end of the summer.
McCain will also benefit from about $84 million in public funds for the general election—funds his rival has rejected. While McCain’s campaign operation will be limited to those funds, the larger party effort can continue to raise and spend money on his behalf.
Including the public funds, Davis estimated Republicans will have roughly $210 million to use between September—when McCain officially becomes the nominee—and Election Day on Nov. 4. All told, between now and then, Davis said the “unified budget” will be at least $400 million.
“I think that is a relatively conservative number, based on existing fund-raising numbers,” he said.
Since securing the nomination in early March, Davis said McCain has raised, on average, about $20 million each month. He said the funds will allow the campaign to expand, both in advertising and ground operations. “We’ve significantly increased our footprint in the states,” Davis said, adding that Republicans will be organizing, advertising, and building get-out-the-vote programs nationwide.
http://blogs.wsj.com/washwire/2008/07/10/top-aide-mccain-will-have-400-million-campaign-effort/?mod=googlenews_wsj
No wonder Obama forgot about Hillary's debt, he must be near panicked now, everyone's moving to McCain with Obama as the front runner in the DNC....and don't think the DNC aren't taking notice. They must be panicking right along with Obama.
The good news, Hillary's debt is getting paid down and this must be making Obama and DNC sick. Where is all the money Obama was supposed to make, the DNC was supposed to rake in with Obama? Hahaha, the media and DNC must be turning green. McCain is benefitting by Hillary's supporters. Obama's begging women to support him and Dem Underground supporters are going nuts, as I posted here yesterday that they're not getting the support they need, as the German Chancellor and black clergy one by one, tear Obama apart for his self centered ways, affiliations, double speak, etc.
Go McCain Go! I suspect large money will go McCain's way until Hillary is the candidate of choice. DNC better work quickly to ensure that happens, or they will end up losing so much money, their heads will spin.