McCain trails top GOP rivals in campaign cash on hand

Senator McCain is falling back to the field. More worrisome to the campaign than the cash on hand has to be the average donation amount.  Without some deep pocketed backers, this train will derail once things go nationwide.  McCain may be banking on a strong Iowa to knock out a few ‘also rans’ in hopes of picking up their supporters. But given the early hand wringing, that doesn’t seem to have been the plan.

McCain trails top GOP rivals in campaign cash on hand – Nation/Politics – The Washington Times, America’s Newspaper

Republican presidential hopeful Sen. John McCain yesterday reported $5.2 million cash on hand in his campaign account after the first three months of the year, about half what his two major opponents reported.
The Arizona Republican reported to the Federal Election Commission he raised $13.1 million in the first three months of this year and spent $8.4 million — or 61.4 percent of what he raised. That’s far higher than the “burn,” or spending rate reported by former New York Mayor Rudolph W. Giuliani and former Massachusetts Gov. Mitt Romney, who spent at a more frugal rate, raised more overall and each reported more than $10 million cash on hand.
The McCain campaign has acknowledged disappointment in the numbers and announced two weeks ago it would cut some staff positions and consultants’ contracts and revamp the fundraising operation. The candidate is also embarking on a series of policy speeches to try to reclaim the mantle of front-runner.

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2 Comments

  1. John McCain desperate attempt to pander to war profiteers by lying about Iraq is destroying his presidential campaign. It serves him right.

  2. […] unearthly site now analyze this story https://sacredcow.wordpress.com/2007/04/15/mccain-trails-top-gop-rivals-in-campaign-cash-on-hand and give comments […]


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