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Dan Spencer
Right Side Politics ExaminerDan Spencer has been blogging at, and as, California Yankee since 2003. He lives in Connecticut and practices law in New York. Here he will discuss the politics of the Right.
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Showing entries for Category: 2008-Election
McCain Matches Obama's May Fundraising
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by Dan Spencer, Right Side Politics Examiner
Obama received $21.9 million in contributions -- a substantial drop from April, when he raised $30.7 million. It was an especially steep decline from February and March, when he raised $55.4 million and $41.3 million, respectively.The May fundraising reports were filed Friday, the day after Obama announced he would become the first major party candidate to forgo public financing in the general election.
[. . .]
McCain, by contrast, has shown steady increases month by month, raising $21.2 million in May, $3 million more than his previous high in April. McCain also raised $2.2 million to handle legal issues for the general election.
McCain ended the month with $31.5 million in his main campaign bank account, an increase of $10 million from the month before. Obama had $43 million in the bank, down from $46 million.
Based on reports filed with the Federal Election Commission, the Republican Party is poised to act as the equalizer in the fall campaign. The RNC has vastly out-raised Democrats this year. It amassed $24.4 million in May to the DNC's $4.8 million. The RNC had $53.5 million in the bank to the Democrats' $3.9 million.
Topics: Barack Obama , 2008 Election , Campaign Finance
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